VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.034USD
STEEM
0.000STEEM
SBD
0.000SBD
Effective Power
5.001SP
├── Own SP
0.632SP
└── Incoming DelegationsDeleg
+4.369SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.632SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.369SP | SP |
| Effective Power | 5.001SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "1028.468076 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7115.191730 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | loffer |
| id | 411657 |
| rank | 852,654 |
| reputation | 26429255 |
| created | 2017-10-18T14:42:00 |
| recovery_account | steem |
| proxy | None |
| post_count | 1 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2017-10-18T15:24:42 |
| last_root_post | 2017-10-18T15:24:42 |
| last_vote_time | 2017-10-19T17:08:39 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 1028.468076 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7115.191730 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 1970-01-01T00:00:00 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 411657,
"name": "loffer",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM5kcT2iGCEQ5egAugCTDiZDcGbrwJexMtXjBihQEx9BFZJs5S8S",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM5Tu9daAzuVNYo9PiExzJ8PF3L819zKyj1fPwnavEru4y62maB2",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8bsCvcd5f1zedTLbKXHxW796XHikAZfbD6dsQuBHXKmYYTxci6",
1
]
]
},
"memo_key": "STM7Zq1YK8CAo4qcwNuuUuSA4u6chGJM6SbHn55JkvVd4cHGFeGYD",
"json_metadata": "",
"posting_json_metadata": "",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "1970-01-01T00:00:00",
"created": "2017-10-18T14:42:00",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 1,
"can_vote": true,
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779073371
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779073371
},
"voting_power": 0,
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.000 SBD",
"sbd_seconds": "0",
"sbd_seconds_last_update": "1970-01-01T00:00:00",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "0.000000 VESTS",
"reward_vesting_steem": "0.000 STEEM",
"vesting_shares": "1028.468076 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7115.191730 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 0,
"posting_rewards": 0,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2017-10-18T15:24:42",
"last_root_post": "2017-10-18T15:24:42",
"last_vote_time": "2017-10-19T17:08:39",
"post_bandwidth": 0,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": 26429255,
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 852654
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
2026/05/18 03:02:51
2026/05/18 03:02:51
| delegator | steem |
| delegatee | loffer |
| vesting shares | 7115.191730 VESTS |
| Transaction Info | Block #106146785/Trx 4adb5d9dff2e4261ce8bf01710abf6f7786682bb |
View Raw JSON Data
{
"trx_id": "4adb5d9dff2e4261ce8bf01710abf6f7786682bb",
"block": 106146785,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-18T03:02:51",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "7115.191730 VESTS"
}
]
}2026/05/12 15:08:21
2026/05/12 15:08:21
| delegator | steem |
| delegatee | loffer |
| vesting shares | 4402.981325 VESTS |
| Transaction Info | Block #105989238/Trx 082313d88a892085084257f0e2d9faa6fd923054 |
View Raw JSON Data
{
"trx_id": "082313d88a892085084257f0e2d9faa6fd923054",
"block": 105989238,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-12T15:08:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "4402.981325 VESTS"
}
]
}2026/04/26 02:19:27
2026/04/26 02:19:27
| delegator | steem |
| delegatee | loffer |
| vesting shares | 7127.707486 VESTS |
| Transaction Info | Block #105514359/Trx da30782a4d2fd2bc0e641e7d4f68204a82fee5ee |
View Raw JSON Data
{
"trx_id": "da30782a4d2fd2bc0e641e7d4f68204a82fee5ee",
"block": 105514359,
"trx_in_block": 19,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-04-26T02:19:27",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "7127.707486 VESTS"
}
]
}2026/01/23 15:16:12
2026/01/23 15:16:12
| delegator | steem |
| delegatee | loffer |
| vesting shares | 4444.528144 VESTS |
| Transaction Info | Block #102860761/Trx 033136e5bf7332e4934dd1de6d192d51d85d3f7c |
View Raw JSON Data
{
"trx_id": "033136e5bf7332e4934dd1de6d192d51d85d3f7c",
"block": 102860761,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-01-23T15:16:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "4444.528144 VESTS"
}
]
}2024/12/17 10:30:18
2024/12/17 10:30:18
| delegator | steem |
| delegatee | loffer |
| vesting shares | 4608.747341 VESTS |
| Transaction Info | Block #91307054/Trx 4e27af14e63dc2007cc0d7445a1ea1650781a8b3 |
View Raw JSON Data
{
"trx_id": "4e27af14e63dc2007cc0d7445a1ea1650781a8b3",
"block": 91307054,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2024-12-17T10:30:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "4608.747341 VESTS"
}
]
}2023/11/14 02:12:33
2023/11/14 02:12:33
| delegator | steem |
| delegatee | loffer |
| vesting shares | 4777.880873 VESTS |
| Transaction Info | Block #79861239/Trx 6dde2bc50ae94f5456c18f0753de4e19bb801ef8 |
View Raw JSON Data
{
"trx_id": "6dde2bc50ae94f5456c18f0753de4e19bb801ef8",
"block": 79861239,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-11-14T02:12:33",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "4777.880873 VESTS"
}
]
}2023/09/22 01:06:36
2023/09/22 01:06:36
| delegator | steem |
| delegatee | loffer |
| vesting shares | 7715.159659 VESTS |
| Transaction Info | Block #78351755/Trx 8c8bc92eae712613902c84beeb8906d5dda08871 |
View Raw JSON Data
{
"trx_id": "8c8bc92eae712613902c84beeb8906d5dda08871",
"block": 78351755,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-09-22T01:06:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "7715.159659 VESTS"
}
]
}2022/11/03 14:29:57
2022/11/03 14:29:57
| delegator | steem |
| delegatee | loffer |
| vesting shares | 7936.841097 VESTS |
| Transaction Info | Block #69116598/Trx 0b6131156c67c7a956a1d56bf0fc91d376d229ac |
View Raw JSON Data
{
"trx_id": "0b6131156c67c7a956a1d56bf0fc91d376d229ac",
"block": 69116598,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-11-03T14:29:57",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "7936.841097 VESTS"
}
]
}2022/01/17 17:47:36
2022/01/17 17:47:36
| delegator | steem |
| delegatee | loffer |
| vesting shares | 8157.076233 VESTS |
| Transaction Info | Block #60817579/Trx ecfe37e65cd23e3fda942941f29c9ca9b485a636 |
View Raw JSON Data
{
"trx_id": "ecfe37e65cd23e3fda942941f29c9ca9b485a636",
"block": 60817579,
"trx_in_block": 19,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-01-17T17:47:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "8157.076233 VESTS"
}
]
}2021/06/14 03:20:06
2021/06/14 03:20:06
| delegator | steem |
| delegatee | loffer |
| vesting shares | 8341.142986 VESTS |
| Transaction Info | Block #54610730/Trx 0c02473798f36903ca727431e782b0db49534e77 |
View Raw JSON Data
{
"trx_id": "0c02473798f36903ca727431e782b0db49534e77",
"block": 54610730,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-06-14T03:20:06",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "8341.142986 VESTS"
}
]
}benjaqupvoted (100.00%) @loffer / the-greater-fool-theory2021/01/07 22:50:33
benjaqupvoted (100.00%) @loffer / the-greater-fool-theory
2021/01/07 22:50:33
| voter | benjaq |
| author | loffer |
| permlink | the-greater-fool-theory |
| weight | 10000 (100.00%) |
| Transaction Info | Block #50136388/Trx e5a6c71ce88f8d363db2a9cdd771389040305843 |
View Raw JSON Data
{
"trx_id": "e5a6c71ce88f8d363db2a9cdd771389040305843",
"block": 50136388,
"trx_in_block": 14,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-01-07T22:50:33",
"op": [
"vote",
{
"voter": "benjaq",
"author": "loffer",
"permlink": "the-greater-fool-theory",
"weight": 10000
}
]
}2020/12/11 13:35:48
2020/12/11 13:35:48
| delegator | steem |
| delegatee | loffer |
| vesting shares | 8528.564960 VESTS |
| Transaction Info | Block #49358095/Trx fd2b293ceff7f6ff904486bf0e47f975f47528aa |
View Raw JSON Data
{
"trx_id": "fd2b293ceff7f6ff904486bf0e47f975f47528aa",
"block": 49358095,
"trx_in_block": 6,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-11T13:35:48",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "8528.564960 VESTS"
}
]
}2020/12/06 07:12:15
2020/12/06 07:12:15
| delegator | steem |
| delegatee | loffer |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49209637/Trx 62343ee8e7254b4caa1d2428254e713ae08c63ad |
View Raw JSON Data
{
"trx_id": "62343ee8e7254b4caa1d2428254e713ae08c63ad",
"block": 49209637,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-06T07:12:15",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "1912.543513 VESTS"
}
]
}2020/12/05 17:13:45
2020/12/05 17:13:45
| delegator | steem |
| delegatee | loffer |
| vesting shares | 8534.772814 VESTS |
| Transaction Info | Block #49193183/Trx 3795169d3b1d2b61d86bec65062378b408b8c7d9 |
View Raw JSON Data
{
"trx_id": "3795169d3b1d2b61d86bec65062378b408b8c7d9",
"block": 49193183,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-05T17:13:45",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "8534.772814 VESTS"
}
]
}2020/11/02 20:45:24
2020/11/02 20:45:24
| delegator | steem |
| delegatee | loffer |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48263829/Trx fb8b09051899502fdc04d9047d58bf7d0f566625 |
View Raw JSON Data
{
"trx_id": "fb8b09051899502fdc04d9047d58bf7d0f566625",
"block": 48263829,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-11-02T20:45:24",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "1920.017158 VESTS"
}
]
}2020/05/09 08:12:18
2020/05/09 08:12:18
| delegator | steem |
| delegatee | loffer |
| vesting shares | 8737.578173 VESTS |
| Transaction Info | Block #43219922/Trx f0bd2054c1c3eb22944905d67ea4b0daabf38519 |
View Raw JSON Data
{
"trx_id": "f0bd2054c1c3eb22944905d67ea4b0daabf38519",
"block": 43219922,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-09T08:12:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "8737.578173 VESTS"
}
]
}2020/05/08 12:10:42
2020/05/08 12:10:42
| delegator | steem |
| delegatee | loffer |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43196458/Trx dd56101c926ce99549620df1963e428dc554a8d3 |
View Raw JSON Data
{
"trx_id": "dd56101c926ce99549620df1963e428dc554a8d3",
"block": 43196458,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-08T12:10:42",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "1953.311140 VESTS"
}
]
}2020/04/16 01:28:30
2020/04/16 01:28:30
| delegator | steem |
| delegatee | loffer |
| vesting shares | 8750.465621 VESTS |
| Transaction Info | Block #42567040/Trx 6dec9d9d539e8b3ac97e89589278887a21f66041 |
View Raw JSON Data
{
"trx_id": "6dec9d9d539e8b3ac97e89589278887a21f66041",
"block": 42567040,
"trx_in_block": 14,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-04-16T01:28:30",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "loffer",
"vesting_shares": "8750.465621 VESTS"
}
]
}2019/10/18 15:39:57
2019/10/18 15:39:57
| parent author | loffer |
| parent permlink | the-greater-fool-theory |
| author | steemitboard |
| permlink | steemitboard-notify-loffer-20191018t153957000z |
| title | |
| body | Congratulations @loffer! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@loffer/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@loffer) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=loffer)_</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"]} |
| Transaction Info | Block #37395150/Trx 3debcb95d9bd3ff1cfe2c90fb51f605208c05591 |
View Raw JSON Data
{
"trx_id": "3debcb95d9bd3ff1cfe2c90fb51f605208c05591",
"block": 37395150,
"trx_in_block": 21,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-10-18T15:39:57",
"op": [
"comment",
{
"parent_author": "loffer",
"parent_permlink": "the-greater-fool-theory",
"author": "steemitboard",
"permlink": "steemitboard-notify-loffer-20191018t153957000z",
"title": "",
"body": "Congratulations @loffer! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@loffer/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@loffer) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=loffer)_</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\"]}"
}
]
}2019/05/12 18:34:33
2019/05/12 18:34:33
| delegator | steem |
| delegatee | loffer |
| vesting shares | 8946.082434 VESTS |
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}2018/10/19 02:01:06
2018/10/19 02:01:06
| parent author | loffer |
| parent permlink | the-greater-fool-theory |
| author | steemitboard |
| permlink | steemitboard-notify-loffer-20181019t020108000z |
| title | |
| body | Congratulations @loffer! You have received a personal award! [](http://steemitboard.com/@loffer) 1 Year on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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}2018/05/16 22:36:15
2018/05/16 22:36:15
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2018/04/21 20:47:09
| delegator | steem |
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}2017/12/12 22:23:42
2017/12/12 22:23:42
| delegator | steem |
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}lofferupvoted (100.00%) @ghorardim / nfl-weekly-contest-start-of-week-7-and-week-6-winners-enter-to-win2017/10/19 17:08:39
lofferupvoted (100.00%) @ghorardim / nfl-weekly-contest-start-of-week-7-and-week-6-winners-enter-to-win
2017/10/19 17:08:39
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}lofferupvoted (100.00%) @amazingtech / be-a-brilliant2017/10/18 16:10:27
lofferupvoted (100.00%) @amazingtech / be-a-brilliant
2017/10/18 16:10:27
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}bitcoinparadiseupvoted (0.02%) @loffer / the-greater-fool-theory2017/10/18 15:49:54
bitcoinparadiseupvoted (0.02%) @loffer / the-greater-fool-theory
2017/10/18 15:49:54
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}lofferupvoted (100.00%) @gavvet / the-south-african-border-war-zambia-s-turn2017/10/18 15:35:09
lofferupvoted (100.00%) @gavvet / the-south-african-border-war-zambia-s-turn
2017/10/18 15:35:09
| voter | loffer |
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}anomalyupvoted (1.00%) @loffer / the-greater-fool-theory2017/10/18 15:31:57
anomalyupvoted (1.00%) @loffer / the-greater-fool-theory
2017/10/18 15:31:57
| voter | anomaly |
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}lofferupvoted (100.00%) @icedrum / elon-musk-s-a-i-destroys-champion-gamer2017/10/18 15:28:30
lofferupvoted (100.00%) @icedrum / elon-musk-s-a-i-destroys-champion-gamer
2017/10/18 15:28:30
| voter | loffer |
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}lofferupvoted (100.00%) @loffer / the-greater-fool-theory2017/10/18 15:24:42
lofferupvoted (100.00%) @loffer / the-greater-fool-theory
2017/10/18 15:24:42
| voter | loffer |
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}lofferpublished a new post: the-greater-fool-theory2017/10/18 15:24:42
lofferpublished a new post: the-greater-fool-theory
2017/10/18 15:24:42
| parent author | |
| parent permlink | money |
| author | loffer |
| permlink | the-greater-fool-theory |
| title | The Greater Fool Theory |
| body | The Greater Fool Theory is the notion that even when an asset is fully valued or overvalued, there is room for that asset's value to increase even further because there are 'greater fools' out there to push prices up purely due to hype or speculation. This can be strongly connected to economic bubbles where informed investors start buying an asset because it creates value to their portfolio. This creates some awareness and institutional investors make the price increase until the informed investors starts to sell off. The bubble escalades with media attention and public enthusiasm. The informed investors might even jump on the bandwagon in the media attention phase because they know that there are 'greater fools' out there. The bubble bursts and a paradigm shift pounds the asset value back to its true value. The figure below (by Vincent F. Hendricks) is a great starting point in the difficult task that is, to explain economic bubbles.  |
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"body": "The Greater Fool Theory is the notion that even when an asset is fully valued or overvalued, there is room for that asset's value to increase even further because there are 'greater fools' out there to push prices up purely due to hype or speculation. \n\nThis can be strongly connected to economic bubbles where informed investors start buying an asset because it creates value to their portfolio. This creates some awareness and institutional investors make the price increase until the informed investors starts to sell off. The bubble escalades with media attention and public enthusiasm. The informed investors might even jump on the bandwagon in the media attention phase because they know that there are 'greater fools' out there. The bubble bursts and a paradigm shift pounds the asset value back to its true value. The figure below (by Vincent F. Hendricks) is a great starting point in the difficult task that is, to explain economic bubbles.\n\n",
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}2017/10/18 14:42:00
2017/10/18 14:42:00
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| creator | steem |
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[]