Post
Topic
Board Tokens (Altcoins)
Re: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela
by
STT
on 25/03/2018, 14:02:12 UTC
54 dollars would be roughly in the region of the oil barrel price which its supposed to be.  Is the monthly wage (minimum) now 5 dollars, that would make most people unable to carry on living.   Even in India the poorest make more then a dollar a day for a while now, as I understand it anyway.      Sounds like an uncertain situation.

However the oil price has been rising recently, I think it was upto 66 dollars.    That helps make the petro link look cheap, an increased discount in theory presuming it has a relation to oil purchases I guess


Spotted this commentary which explains there is no cap to the amount of petro produced