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Hi fellow russians,

Bitcoin Forum needs you!  :)

We're in need of a friendly russian moderator that can moderate the russian board. We don't talk russian, so we need you.  :'(

If you are interested, please reply here or send a PM and we'll get back to you as soon as possible.

If you have any questions, feel free to send a PM and we'll do our best to answer them.


30% Off! Venezuela Offers India Cheap Crude Oil on a Discount, if Paid in Petro

Venezuela has recently offered India a 30 percent discount on crude oil purchases if the country purchases it using its oil-backed cryptocurrency, the Petro.

According to a report published by the Business Standard, a team of experts from Venezuela’s blockchain department went to India last month to conduct the deal.

While in India, Venezuela’s experts struck a deal with Delhi-based cryptocurrency exchange Coinsecure, to sell the Petro in India. As covered by CCN, the oil-backed cryptocurrency was announced late last year and has been sold to investors. It’ll be launched after the presidential elections in Venezuela, which are set to take place on May 20.

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PSA: It comes to our attention that some Twitter scam are going on right now.

Some scammers are replying to our twitts promising to give away coins if you send some coins to their address.

Their post looks like it's come from our Twitter account. Don't fall victim to this scam. We are not giving away anything! Be careful!

Venezuela to Pay Russia With Own Cryptocurrency for Automotive Parts

MEXICO CITY (Sputnik) - Venezuela will use its own cryptocurrency dubbed Petro, while paying to Russia for the delivered automotive parts and components, Jose Vielma Mora, the Venezuelan minister of foreign trade, said.

On Monday, the Venezuelan Foreign Ministry said that the use of Petro in international transactions was on the agenda of the recent Russian-Venezuelan high-level intergovernmental commission. According to Mora, the cooperation of the Venezuelan side with the Russian KAMAZ company best known for its trucks.

"[The issues of cooperation] include the purchases of automotive parts and components, of tires and batteries, as well as assembling of these vehicles in our country and the forms of payment, in which we include the payments with the use of Petro," the minister said, as quoted by the AVN news agency.

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Introductions / Re: Newbie her in BitcoinForum
« on: March 26, 2018, 04:38:52 AM »
Welcome to Bitcoin Forum, feel free to ask any Bitcoin related question!

Suggestions, Feedback / Re: Newbee posting rule
« on: March 26, 2018, 01:03:08 AM »
Please, check this info on the rules:

ICO / Re: Venezuela says 'Petro' cryptocurrency raises $735m in first day
« on: February 21, 2018, 02:14:31 PM »
’Petro’ cryptocurrency raises $735mn on 1st day of pre-sale – Maduro


ICO / Venezuela says 'Petro' cryptocurrency raises $735m in first day
« on: February 21, 2018, 01:41:58 PM »
Venezuela says 'Petro' cryptocurrency raises $735m in first day

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The Petro Is Officially Launched

The Venezuelan government has formally launched the Petro Cryptocurrency, in a meeting held in Caracas at midnight. It was launched by Venezuelan Vice-president Tarek El Aissami and the Minister of University Education, Hugbel Roa.

El Aissami stated that this was a great step for the economic freedom of the Venezuelan people; spearheaded by the efforts of President Nicolas Maduro and inspired by the thoughts of deceased president Hugo Chavez. He also declared: ”From here on, Venezuelan digital asset comes to respect all the rules of the best crypto coin communities out there, to generate trust in the national and international markets”

“The Petro has been born. Today we start the official presale of the Venezuelan Petro. Venezuela puts itself at the front for the future, being the first state that launches a crypto coin backed up with its natural wealth. We have a lot to celebrate tonight.”

The guidelines for acquiring Petros and exchanges where the Petro can be acquired are available on the official Petro site. The Petro official Twitter feed mentioned that it can be acquired on EtherDelta.

Official website of Venezuela's state-backed cryptocurrency - Petro:

News, announcements & important notice / Bitcoin Forum FAQ
« on: February 02, 2018, 01:05:59 AM »
Bitcoin Forum Frequently Asked Questions (FAQ)
Last update Jan-14-2019

  • What is Membergroup or Member rank?
    Membergroups are groups of members that have similar permission settings, appearance, or access rights. Some membergroups are based on the amount of posts a user has made.

    • Regular groups:
      - Administrator
      - Global Moderator
      - Banned
    • Post count based groups:
      Group NameRequired posts
      - Newbie0
      - Jr. Member50
      - Full Member100
      - Sr. Member250
      - Hero Member500
      - Legendary Member750
  • Under construction. ;) Sorry.

News, announcements & important notice / Re: Forum Rules
« on: February 01, 2018, 11:41:22 PM »
Forum Rules updated today.

While @Facebook bans #Bitcoin, @Twitter support it. Hey Zuck, who is in the wrong side of history?

Bitcoin tutorials / Soft Fork vs. Hard Fork
« on: January 31, 2018, 01:12:07 PM »
A good question asked by OratesFratres and a very good repply by asaltandbuttering on r/bitcoinforum

Could someone explain to me what these even mean? I'm still new to this, it's just that I'm still learning the terminology.

Hard fork creates a new network which folks must update their software to join. Soft forks do not create a new network.

Bitcoin discussion / What is your favorite #Bitcoin Slang?
« on: January 31, 2018, 12:49:00 PM »
What is your favorite #Bitcoin Slang? Moon? HODL? Lambo?

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