Post
Topic
Board Tokens (Altcoins)
Re: [PRE-SALE][ICO] Petro $PTR - Oil backed crypto currency launched by Venezuela
by
nutildah
on 03/08/2018, 09:10:15 UTC
When will be the date, it's possible to buy petro? Is it realistic at august 20?

I would say "no." The government never even told people how NEM works. They never explained to people that you need to have XEM in your wallet in order to move the petro. Furthermore, the petro has never been distributed to anybody.

So, lets say best case scenario, distribution to people who bought during the ICO happens on August 20th, even though there is no mention from the government of this happening. Everybody who bought needs to learn how to move their PTR using NEM, which must be bought at a different cryptocurrency exchange. Then they have to have exchanges set up to trade it, which they do not.

Talk of the Petro is just being waved around like a magic wand by the government that will somehow cure all that ails them. In reality, the ICO has simply so far been just a moneymaking ploy by people who already have way too much money. This is spectacularly one of the biggest scams to ever hit the cryptocurrency markets, which is saying a lot.