Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.007USD
STEEM
0.000STEEM
SBD
0.000SBD
Effective Power
5.001SP
├── Own SP
0.124SP
└── Incoming Deleg
+4.877SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.124SP
Delegated Out
0.000SP
Delegation In
4.877SP
Effective Power
5.001SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "202.265655 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7941.394151 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namebassyfeed
id1132704
rank238,810
reputation12689904
created2018-09-07T14:09:12
recovery_accountsteem
proxyNone
post_count1
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-09-07T14:30:42
last_root_post2018-09-07T14:30:42
last_vote_time2018-09-07T14:44:03
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares202.265655 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7941.394151 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7o4sMvkBKnaXdHHX7w1AfnMR98MZyjpzgLrCyrZJ9WArKxrL7P",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "balance": "0.000 STEEM",
  "can_vote": true,
  "comment_count": 0,
  "created": "2018-09-07T14:09:12",
  "curation_rewards": 0,
  "delegated_vesting_shares": "0.000000 VESTS",
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779054873
  },
  "guest_bloggers": [],
  "id": 1132704,
  "json_metadata": "{}",
  "last_account_recovery": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_post": "2018-09-07T14:30:42",
  "last_root_post": "2018-09-07T14:30:42",
  "last_vote_time": "2018-09-07T14:44:03",
  "lifetime_vote_count": 0,
  "market_history": [],
  "memo_key": "STM6K8xGYn1QDFcKMsfcTAMa4X1HbULYr5Xr8YaFwXg7UoAFSkprB",
  "mined": false,
  "name": "bassyfeed",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "other_history": [],
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5729gMC8PwycwBpdFnV1wS1gfrEC1zRrK9WPvpN5R6JiWKbnGg",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "pending_claimed_accounts": 0,
  "post_bandwidth": 0,
  "post_count": 1,
  "post_history": [],
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5Sa6oXxpU8XZiyiMWUZPMj8ep1BcvXi2LwfgkJt8AjbkLXBuP1",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting_json_metadata": "",
  "posting_rewards": 0,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "proxy": "",
  "received_vesting_shares": "7941.394151 VESTS",
  "recovery_account": "steem",
  "reputation": 12689904,
  "reset_account": "null",
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "sbd_balance": "0.000 SBD",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "1970-01-01T00:00:00",
  "tags_usage": [],
  "to_withdraw": 0,
  "transfer_history": [],
  "vesting_balance": "0.000 STEEM",
  "vesting_shares": "202.265655 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "vote_history": [],
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779054873
  },
  "voting_power": 0,
  "withdraw_routes": 0,
  "withdrawn": 0,
  "witness_votes": [],
  "witnesses_voted_for": 0,
  "rank": 238810
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.877 SP to @bassyfeed
2026/05/17 21:54:33
delegateebassyfeed
delegatorsteem
vesting shares7941.394151 VESTS
Transaction InfoBlock #106140646/Trx 378c694ebf4ef73b5e051e313e17f7d0cdfdd281
View Raw JSON Data
{
  "block": 106140646,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "7941.394151 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-17T21:54:33",
  "trx_id": "378c694ebf4ef73b5e051e313e17f7d0cdfdd281",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 3.211 SP to @bassyfeed
2026/05/11 19:04:15
delegateebassyfeed
delegatorsteem
vesting shares5229.183746 VESTS
Transaction InfoBlock #105965220/Trx 6a69d0b0de1b99ec5c1eddb89f4ad7c038370ed0
View Raw JSON Data
{
  "block": 105965220,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "5229.183746 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-11T19:04:15",
  "trx_id": "6a69d0b0de1b99ec5c1eddb89f4ad7c038370ed0",
  "trx_in_block": 4,
  "virtual_op": 0
}
steemdelegated 4.885 SP to @bassyfeed
2026/04/25 21:19:12
delegateebassyfeed
delegatorsteem
vesting shares7953.909907 VESTS
Transaction InfoBlock #105508368/Trx e9a061c83cb87139637114a7182c39ca74f19bf8
View Raw JSON Data
{
  "block": 105508368,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "7953.909907 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-04-25T21:19:12",
  "trx_id": "e9a061c83cb87139637114a7182c39ca74f19bf8",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 3.237 SP to @bassyfeed
2026/01/23 01:37:54
delegateebassyfeed
delegatorsteem
vesting shares5270.730565 VESTS
Transaction InfoBlock #102844427/Trx 90f66e6e23065a4443e1ee91305023585449bb86
View Raw JSON Data
{
  "block": 102844427,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "5270.730565 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-01-23T01:37:54",
  "trx_id": "90f66e6e23065a4443e1ee91305023585449bb86",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 3.338 SP to @bassyfeed
2024/12/16 20:57:45
delegateebassyfeed
delegatorsteem
vesting shares5434.949762 VESTS
Transaction InfoBlock #91290843/Trx 7464ae560101c57be80a9d8d9a56f8742c9c15f1
View Raw JSON Data
{
  "block": 91290843,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "5434.949762 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2024-12-16T20:57:45",
  "trx_id": "7464ae560101c57be80a9d8d9a56f8742c9c15f1",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 3.442 SP to @bassyfeed
2023/11/13 12:43:21
delegateebassyfeed
delegatorsteem
vesting shares5604.083294 VESTS
Transaction InfoBlock #79845115/Trx 12a08057348f18b34487f0d13cad60f88a15cd16
View Raw JSON Data
{
  "block": 79845115,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "5604.083294 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-11-13T12:43:21",
  "trx_id": "12a08057348f18b34487f0d13cad60f88a15cd16",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 5.245 SP to @bassyfeed
2023/09/21 19:06:39
delegateebassyfeed
delegatorsteem
vesting shares8541.362080 VESTS
Transaction InfoBlock #78344581/Trx 0be68bc5b25e2e7f76745358fa13bf62ec396969
View Raw JSON Data
{
  "block": 78344581,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "8541.362080 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-09-21T19:06:39",
  "trx_id": "0be68bc5b25e2e7f76745358fa13bf62ec396969",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 5.381 SP to @bassyfeed
2022/11/03 09:12:33
delegateebassyfeed
delegatorsteem
vesting shares8763.043518 VESTS
Transaction InfoBlock #69110280/Trx a72f1b79c85b205ebf79adb7b1e54796089c589d
View Raw JSON Data
{
  "block": 69110280,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "8763.043518 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-11-03T09:12:33",
  "trx_id": "a72f1b79c85b205ebf79adb7b1e54796089c589d",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 5.517 SP to @bassyfeed
2022/01/17 08:40:39
delegateebassyfeed
delegatorsteem
vesting shares8983.576749 VESTS
Transaction InfoBlock #60806698/Trx 78c789eaabba573ddc1b3b79bc25e33c659ceab5
View Raw JSON Data
{
  "block": 60806698,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "8983.576749 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-17T08:40:39",
  "trx_id": "78c789eaabba573ddc1b3b79bc25e33c659ceab5",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 5.630 SP to @bassyfeed
2021/06/13 22:41:24
delegateebassyfeed
delegatorsteem
vesting shares9167.345407 VESTS
Transaction InfoBlock #54605195/Trx b87d50d36c050c23ef4662340309831f29c3759e
View Raw JSON Data
{
  "block": 54605195,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "9167.345407 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-06-13T22:41:24",
  "trx_id": "b87d50d36c050c23ef4662340309831f29c3759e",
  "trx_in_block": 17,
  "virtual_op": 0
}
steemdelegated 5.745 SP to @bassyfeed
2020/12/11 09:03:21
delegateebassyfeed
delegatorsteem
vesting shares9354.767381 VESTS
Transaction InfoBlock #49352743/Trx 416abc94006a3d898d1be9fd5fa62867a241c168
View Raw JSON Data
{
  "block": 49352743,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "9354.767381 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-11T09:03:21",
  "trx_id": "416abc94006a3d898d1be9fd5fa62867a241c168",
  "trx_in_block": 6,
  "virtual_op": 0
}
steemdelegated 1.175 SP to @bassyfeed
2020/12/06 02:40:48
delegateebassyfeed
delegatorsteem
vesting shares1912.543513 VESTS
Transaction InfoBlock #49204311/Trx d130e657aef111a7d88f568cc531c47214f3e973
View Raw JSON Data
{
  "block": 49204311,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "1912.543513 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-06T02:40:48",
  "trx_id": "d130e657aef111a7d88f568cc531c47214f3e973",
  "trx_in_block": 9,
  "virtual_op": 0
}
steemdelegated 5.749 SP to @bassyfeed
2020/12/05 10:37:45
delegateebassyfeed
delegatorsteem
vesting shares9361.134020 VESTS
Transaction InfoBlock #49185416/Trx 2362f6fcd805d1c69e77e60bfa257ac895a79600
View Raw JSON Data
{
  "block": 49185416,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "9361.134020 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-05T10:37:45",
  "trx_id": "2362f6fcd805d1c69e77e60bfa257ac895a79600",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 1.179 SP to @bassyfeed
2020/11/02 11:04:30
delegateebassyfeed
delegatorsteem
vesting shares1920.017158 VESTS
Transaction InfoBlock #48252429/Trx 61326b01e6e920ef5a7a3db399190e3f7cf025ad
View Raw JSON Data
{
  "block": 48252429,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "1920.017158 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-11-02T11:04:30",
  "trx_id": "61326b01e6e920ef5a7a3db399190e3f7cf025ad",
  "trx_in_block": 16,
  "virtual_op": 0
}
steemdelegated 5.873 SP to @bassyfeed
2020/05/09 03:35:48
delegateebassyfeed
delegatorsteem
vesting shares9563.780594 VESTS
Transaction InfoBlock #43214523/Trx 06b2768f44b8d94a89f66e2db563778b36427dc0
View Raw JSON Data
{
  "block": 43214523,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "9563.780594 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-09T03:35:48",
  "trx_id": "06b2768f44b8d94a89f66e2db563778b36427dc0",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 1.200 SP to @bassyfeed
2020/05/08 06:52:54
delegateebassyfeed
delegatorsteem
vesting shares1953.311140 VESTS
Transaction InfoBlock #43190248/Trx abefe1817538d35671a606434fb87d14671ba0d2
View Raw JSON Data
{
  "block": 43190248,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "1953.311140 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-08T06:52:54",
  "trx_id": "abefe1817538d35671a606434fb87d14671ba0d2",
  "trx_in_block": 21,
  "virtual_op": 0
}
steemdelegated 5.935 SP to @bassyfeed
2019/11/11 12:37:21
delegateebassyfeed
delegatorsteem
vesting shares9664.134022 VESTS
Transaction InfoBlock #38081380/Trx e3840739b0f44bb5f56785fa2c118e81fa254183
View Raw JSON Data
{
  "block": 38081380,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "9664.134022 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-11-11T12:37:21",
  "trx_id": "e3840739b0f44bb5f56785fa2c118e81fa254183",
  "trx_in_block": 2,
  "virtual_op": 0
}
2019/09/07 14:31:33
authorsteemitboard
bodyCongratulations @bassyfeed! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bassyfeed/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bassyfeed) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bassyfeed)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
parent authorbassyfeed
parent permlinkbitcoin-falls-off-a-cliff-again-as-cryptocurrency-slump-also-hits-ether-ripple
permlinksteemitboard-notify-bassyfeed-20190907t143133000z
title
Transaction InfoBlock #36215749/Trx f5a8c2eadeb147b8985a2d82a8b131c273415323
View Raw JSON Data
{
  "block": 36215749,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @bassyfeed! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bassyfeed/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bassyfeed) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bassyfeed)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "bassyfeed",
      "parent_permlink": "bitcoin-falls-off-a-cliff-again-as-cryptocurrency-slump-also-hits-ether-ripple",
      "permlink": "steemitboard-notify-bassyfeed-20190907t143133000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-09-07T14:31:33",
  "trx_id": "f5a8c2eadeb147b8985a2d82a8b131c273415323",
  "trx_in_block": 6,
  "virtual_op": 0
}
steemdelegated 6.056 SP to @bassyfeed
2018/12/07 15:39:57
delegateebassyfeed
delegatorsteem
vesting shares9861.489864 VESTS
Transaction InfoBlock #28358414/Trx 8ac06f9ad24fd10404fe5c0c7cad5b2041c41eb9
View Raw JSON Data
{
  "block": 28358414,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bassyfeed",
      "delegator": "steem",
      "vesting_shares": "9861.489864 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2018-12-07T15:39:57",
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2018/09/07 15:20:15
authorbassyfeed
permlinkbitcoin-falls-off-a-cliff-again-as-cryptocurrency-slump-also-hits-ether-ripple
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2018/09/07 14:49:51
authorbassyfeed
permlinkbitcoin-falls-off-a-cliff-again-as-cryptocurrency-slump-also-hits-ether-ripple
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steemdelegated 18.508 SP to @bassyfeed
2018/09/07 14:45:24
delegateebassyfeed
delegatorsteem
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2018/09/07 14:44:03
authorchetanpadliya
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2018/09/07 14:43:54
authorzaku
permlinkhow-to-keep-calm-during-an-interview
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2018/09/07 14:43:51
authormehta
permlinkcolorchallenge-friday-sky-blue-gazebo-decor
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2018/09/07 14:43:15
authorbassyfeed
permlinkbitcoin-falls-off-a-cliff-again-as-cryptocurrency-slump-also-hits-ether-ripple
voterbassyfeed
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2018/09/07 14:30:42
authorbassyfeed
body[1536268742781.jpg](https://cdn.steemitimages.com/DQmc49wbZGnX5x4NQyzXU6TEijjYyxYYvoo2EsVBWNv1xea/1536268742781.jpg) The next key level to watch for Bitcoin is $US5000, according to Stephen Innes, head of trading for Asia Pacific at ... The next key level to watch for Bitcoin is $US5000, according to Stephen Innes, head of trading for Asia Pacific at Oanda Corp, who said a drop below that threshold may cause losses to accelerate. LUKE MACGREGOR by Eric Lam and Justina Lee Hong Kong | Cryptocurrencies have dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low amid concern that broader adoption of digital assets will take longer than some anticipated. Bitcoin, the largest cryptocurrency, tumbled as much as 9.8 per cent and was trading at $US6480 ($9003.31), down 6.8 per cent, as of 10am in New York, according to Bloomberg composite pricing. The Bloomberg Galaxy Crypto Index, a gauge of the largest digital assets, likewise pared some of an earlier decline, when it traded near the lowest level since November 2017. Rival coins Ripple, Ether and Litecoin also slipped. Cryptocurrency bulls who bet an expanding user base would drive up prices have faced a string of recent disappointments. Business Insider reported on Wednesday that Goldman Sachs Group was pulling back on near-term plans to set up a crypto trading desk. This comes after last month's decision by US regulators to reject another round of Bitcoin exchange-traded fund proposals. "Their name carries weight across the globe," said Ryan Rabaglia, head trader at digital asset brokerage OSL in Hong Kong, referring to Goldman Sachs. "When people see their name, their eyes may light up, and they say: OK, we've finally made it - the bigger players are going to start to enter." At the same time, enthusiasts drawn to Bitcoin's original promise of anonymity and freedom from government control were also dealt a blow on Tuesday when veteran Erik Voorhees's trading platform ShapeShift said it will begin asking users for personal information. Regulatory scrutiny over cryptocurrency trading platforms has grown along with usage amid concerns over money laundering and customer protection. ShapeShift's move is a sign of the growing formalisation of a market initially known for its libertarian bent. Imposing mandatory Know Your Customer procedures is "not something we want to do" and a "heavy decision done to derisk under duress", chief executive officer Voorhees said on Twitter. Brace for $US5000 While the decision may dispel users that prioritize anonymity, it may also help ShapeShift attract users that trade larger amounts of funds that tend to prefer regulated venues, said Vijay Ayyar, the Singapore-based head of business development at Luno, a cryptocurrency exchange. "Regulators are never going to be OK with not knowing the identities of who's doing what and who's buying crypto," Ayyar said. While many banks and institutional investors are dipping their toes into the world of cryptocurrencies, concerns over everything from market manipulation to regulatory uncertainty have prevented institutional adoption. On Friday, finance ministers from the European Union's 28 member states are scheduled to discuss the challenges posed by the growing popularity of digital assets and whether rules should be tightened. The market value of virtual currencies tracked by CoinMarketCap.com has slumped about 75 per cent from its January peak to about $US205 billion. The next key level to watch for Bitcoin is $US5000, according to Stephen Innes, head of trading for Asia Pacific at Oanda Corp, who said a drop below that threshold may cause losses to accelerate.
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parent author
parent permlinkbitcoin
permlinkbitcoin-falls-off-a-cliff-again-as-cryptocurrency-slump-also-hits-ether-ripple
titleBitcoin falls off a cliff again as cryptocurrency slump also hits Ether, Ripple
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steemcreated a new account: @bassyfeed
2018/09/07 14:09:12
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creatorsteem
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Account Metadata

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Auth Keys

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STM6K8xGYn1QDFcKMsfcTAMa4X1HbULYr5Xr8YaFwXg7UoAFSkprB
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Witness Votes

0 / 30
No active witness votes.
[]