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RE: Petro Dollar (XPD): Is the Breakout Genuine and Decisive?

in #bitcoin7 years ago

I’m gonna be a dick and copy paste my below comment onto the top comment because this is important!

IF YOU ARE A US CITIZEN OR RESIDENT YOU LIKELY WILL BE FOUND TO BE BREAKING US SANCTIONS. This is in all caps because this is a serious serious deal. It’s why no US companies will trade with Cuba or North Korea. Seriously it’s not worth the risk.

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apparently this isnt the real venezualen petro dollar.

What is it?

This is the "Petrodollar" which is one of a few coins capitalizing on confusion. El Petro uses symbol PTR, but apparently Venezuela hasn't been able to shift it at all. You can look at their wallet and check: http://explorer.ournem.com/#/s_account?account=NCGBBZKOTERO3EXMPPCNDNDXZQQJXBEMWWO7MB66

Adding to the confusion they initially were going to fork ETH, but decided to switch to NEM at the 11th hour. NEM confirmed this, yet this wallet calls BS on the press release sale volume.

See also: https://www.caracaschronicles.com/2018/02/22/petro-hasnt-raised-dime/

I wish I could be a part of history and invest 100 dollars into petro dollar, but i'm a US resident