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news Petro coin is born

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VENEZUELA today launched its very own cryptocurrency - the el Petro coin

What is Venezuela's el Petro coin?

Launching for pre-sale today, el Petro is the latest cryptocurrency to descend on the market.

The announcement of the creation of the new crypto token was made at the end of 2017, as bitcoin hit record highs of $20,000.

 
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VENEZUELA today launched its very own cryptocurrency - the el Petro coin

What is Venezuela's el Petro coin?

Launching for pre-sale today, el Petro is the latest cryptocurrency to descend on the market.

The announcement of the creation of the new crypto token was made at the end of 2017, as bitcoin hit record highs of $20,000.
Hard to trust that regime, I guess it would be tied to oil, and their reserves, looks like each coin is backed by one barrel of oil
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Venezuela's opposition-run congress declared soon after it was announced that the petro would be illegal. The legislative body argued that the issuance would effectively be borrowing against the country's oil reserves, thus violating laws setting out that congress must approve government borrowing.

On Another Note:

Fifty-two-year-old Jung Ki-joon led the regulatory effort to implement tighter controls on cryptocurrency trading. He was found deceased at home on Sunday, according to a South Korean government spokesperson cited in The Wall Street Journal.
 
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Hard to trust that regime, I guess it would be tied to oil, and their reserves, looks like each coin is backed by one barrel of oil
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Venezuela's opposition-run congress declared soon after it was announced that the petro would be illegal. The legislative body argued that the issuance would effectively be borrowing against the country's oil reserves, thus violating laws setting out that congress must approve government borrowing.

Now I think more countries like US, UAE will use this concept
 
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Now I think more countries like US, UAE will use this concept
I don't think so, because assets backed tokens would need a lot of oversight, Petrocoin is kind of shady, that government can go back on it's word at anytime, what are you going to do about it?
 
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I don't think so, because assets backed tokens would need a lot of oversight, Petrocoin is kind of shady, that government can go back on it's word at anytime, what are you going to do about it?
Agreed. It's very unstable.
 
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I don't think so, because assets backed tokens would need a lot of oversight, Petrocoin is kind of shady, that government can go back on it's word at anytime, what are you going to do about it?

Just flip some petro domain :xf.wink::xf.grin:
 
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Looks like Governments are taking notice, and want that blockchain business in their state:

Wyoming Moves to Lift Cryptocurrency Property Tax
Wyoming just gave Americans another reason to live there. In a one-two punch to the US Fed, the Wyoming Senate Bill 111 was introduced on Feb. 16, moving to exempt cryptocurrencies from property taxation, solidifying the state’s business tax-friendly reputation and lifting its profile for blockchain businesses in the interim.
 
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Just flip some petro domain :xf.wink::xf.grin:
Trading is quite a bit of work, I have found finding a few core coins, and sticking with them for a bit is a better return, rather then pulling your hair out doing trades for micro dust profits. To many bots keep micro trading, it is very hard to follow, and if you have big swings in pairing coins, makes it more hectic.

I realized this last week, I sold 1 BTC to purchase LTC, and ETC, if I had just let that that 1 BTC alone, it would have made more than all my micro trades, and no work. Lucky there is a good buzz about an upswing in BTC right now, maybe heading to $13K so that looks good.

If anyone wants to research an outlier, BOScoin looks to be one, but do your own homework.
 
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Trading is quite a bit of work, I have found finding a few core coins, and sticking with them for a bit is a better return, rather then pulling your hair out doing trades for micro dust profits. To many bots keep micro trading, it is very hard to follow, and if you have big swings in pairing coins, makes it more hectic.

I realized this last week, I sold 1 BTC to purchase LTC, and ETC, if I had just let that that 1 BTC alone, it would have made more than all my micro trades, and no work. Lucky there is a good buzz about an upswing in BTC right now, maybe heading to $13K so that looks good.

If anyone wants to research an outlier, BOScoin looks to be one, but do your own honework.

Right
 
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This coin is a last ditch scam to hold onto power. Spoke to a Venezuelan friend. She has family there and says its close to something huge happening there (like a revolution) , if you’ve kept up on news they have been eating the Zoo animals its so desperate. Spoken to others who escaped and say it might be awhile. If multinational companies assets were not safe and confiscated by Chavez years back and were nationalized and seized why would anybody do business there? They are now much worse with Maduro, and his support of this scam coin is to get around the sanctions. I do plan to go when new leadership comes in, we will see what happens.

Nobody wants the Bolivar, which is so devalued why would a sane person buy a hot air currency issued by a hot air dictator starving his country, abolishing their constitution? Buying it, means you are bypassing the sanctions imposed too, which could in fact be deemed illegal if you are in the US once the DC swamp legislature catches up in writing new laws.
 
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I'm a domainer, so I own..
PetroWallets/om
PetroReserves/com
Petroume/com
BilleterasPetro/com
MonedaPetro/com
UrbanPetro/com
PTRwallet/com
PTRmoneda/com
BilleteraPTR/com
PTRbilletera/com
Token de Petro/com
PTRledger/com

and others, More precise "Petro" domains as well.
I also read the Petro raised $735 million the first day, not too bad for a ICO, we will find out Soon if the money is helping the needy. one can only hope it does.
 
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I'm a domainer, so I own..
PetroWallets/om
PetroReserves/com
Petroume/com
BilleterasPetro/com
MonedaPetro/com
UrbanPetro/com
PTRwallet/com
PTRmoneda/com
BilleteraPTR/com
PTRbilletera/com
Token de Petro/com
PTRledger/com

and others, More precise "Petro" domains as well.
I also read the Petro raised $735 million the first day, not too bad for a ICO, we will find out Soon if the money is helping the needy. one can only hope it does.

nice
 
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Let's see how petro domains will work :)
 
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Soon if the money is helping the needy. one can only hope it does

What planet do you live on? Maduro isn’t going to start feeding people with the ICO proceeds.

Regging those names capitalizing on other peoples misery?

TokenDeMierda .com.
 
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when Pedro Coin? ) i vote for pedro
 
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wait ! pedrocoin .com is taken i loled
 
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I'm a domainer, so I own..
PetroWallets/om
PetroReserves/com
Petroume/com
BilleterasPetro/com
MonedaPetro/com
UrbanPetro/com
PTRwallet/com
PTRmoneda/com
BilleteraPTR/com
PTRbilletera/com
Token de Petro/com
PTRledger/com

and others, More precise "Petro" domains as well.
I also read the Petro raised $735 million the first day, not too bad for a ICO, we will find out Soon if the money is helping the needy. one can only hope it does.
The problem lies within the regime, any outside party buying that token is essentially burning their money. This is a dictator coin, you have no rights, no matter what anyone tells you, and when it goes to 0, and you want your barrel of oil per coin, are you going to fly down to VZ to take delivery? Read up about how these people operate, the economy is in serious trouble for sure, this coin is not the answer, it is essentially going to pay for other things, debt coin.

If you want to buy a beat up coin check out NANO, or if you want a coin that is going to pay a airdrop soon check out ETC, at least you have a chance with those.
 
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What planet do you live on? Maduro isn’t going to start feeding people with the ICO proceeds.

Regging those names capitalizing on other peoples misery?

TokenDeMierda .com.
Are we politicing, and politicizing the domaining industry now? as I said before, I'm a Domainer, that happen to have good hopes for people in need, wheather the proceeds finds the poor or not is beyond my control.
 
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Petro coin is a SCAM crypto currency from Venezuela!!

Don't ever think about "investing" in that Mega Fraud coin of the Maduros Dictator Venezuela "president"... :banghead::banghead:(n)(n)(n):facepalm::facepalm::wtf::wtf::stop::stop::vomit::vomit:
 
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I'm a Domainer,

hmmm. What does politics have to do with this? It's self evident what is going on in Venezuela. Capitalism is what it is on your side and so is free speech, good luck selling those names. You are simply uninformed about the misery there and their world.

wheather the proceeds finds the poor or not is beyond my control.

Well, wheather or not you understand it, you have a myopic view of the world. Why not register I-Love-Kim-Jung-Un.com too?
 
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hmmm. What does politics have to do with this? It's self evident what is going on in Venezuela. Capitalism is what it is on your side and so is free speech, good luck selling those names. You are simply uninformed about the misery there and their world.



Well, wheather or not you understand it, you have a myopic view of the world. Why not register I-Love-Kim-Jung-Un.com too?
With all that's going on in the world, I fail to see how domain name ownership,(in it self) even those of a financial nature, will aid in any misery anywhere. my foresight is what lead me to register these names, sometimes people get a little envious when they search for domain names only to find they're already registered, I understand.
 
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Petro coin is a SCAM crypto currency from Venezuela!!

Don't ever think about "investing" in that Mega Fraud coin of the Maduros Dictator Venezuela "president"... :banghead::banghead:(n)(n)(n):facepalm::facepalm::wtf::wtf::stop::stop::vomit::vomit:

But investing in regging few elpetrocoin is not risky. Profit guaranteed
 
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With all that's going on in the world, I fail to see how domain name ownership,(in it self) even those of a financial nature, will aid in any misery anywhere. my foresight is what lead me to register these names, sometimes people get a little envious when they search for domain names only to find they're already registered, I understand.

https://www.fincen.gov/news/news-re...utions-guard-against-corrupt-venezuelan-money

“I fail to see”, says it all. Owning names of a coin and selling them naively like you are is like selling drugs and saying “he is an addict, he needs to buy them from someone”, rationalization is all you are doing. To promote a dictator whose reign and bank account will be extended is aiding promotion of bypassing sanctions, which indirectly prolongs the misery the Venezuelan people will endure, provided a bunch of idiots buy the coin. I hope they do buy up the coins and hope they lose all their money.

I have no crypto fad domains, nor interested following the crowd.

https://www.express.co.uk/finance/c...ryptocurrency-US-Russia-sanctions-Marco-Rubio
 
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A few regs today..

PetroGold/co
Token de oro petro/com
Tokendeoropetro/co
PTR oro/co
PTRATM/com
PTR-ATM/com
PetroATM/com
Petro-ATM/com
PetroGoldcard/com
Petro-ORO/com
PetroYuan/asia
PetroYuan/exchange
 
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