Ecoer Logo
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 Deleg
+4.369SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.632SP
Delegated Out
0.000SP
Delegation In
4.369SP
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": "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

nameloffer
id411657
rank852,654
reputation26429255
created2017-10-18T14:42:00
recovery_accountsteem
proxyNone
post_count1
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2017-10-18T15:24:42
last_root_post2017-10-18T15:24:42
last_vote_time2017-10-19T17:08:39
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_shares1028.468076 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7115.191730 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
{
  "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

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.369 SP to @loffer
2026/05/18 03:02:51
delegatorsteem
delegateeloffer
vesting shares7115.191730 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.704 SP to @loffer
2026/05/12 15:08:21
delegatorsteem
delegateeloffer
vesting shares4402.981325 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 4.377 SP to @loffer
2026/04/26 02:19:27
delegatorsteem
delegateeloffer
vesting shares7127.707486 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.729 SP to @loffer
2026/01/23 15:16:12
delegatorsteem
delegateeloffer
vesting shares4444.528144 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.830 SP to @loffer
2024/12/17 10:30:18
delegatorsteem
delegateeloffer
vesting shares4608.747341 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.934 SP to @loffer
2023/11/14 02:12:33
delegatorsteem
delegateeloffer
vesting shares4777.880873 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 4.738 SP to @loffer
2023/09/22 01:06:36
delegatorsteem
delegateeloffer
vesting shares7715.159659 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 4.874 SP to @loffer
2022/11/03 14:29:57
delegatorsteem
delegateeloffer
vesting shares7936.841097 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.009 SP to @loffer
2022/01/17 17:47:36
delegatorsteem
delegateeloffer
vesting shares8157.076233 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.122 SP to @loffer
2021/06/14 03:20:06
delegatorsteem
delegateeloffer
vesting shares8341.142986 VESTS
Transaction InfoBlock #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"
    }
  ]
}
2021/01/07 22:50:33
voterbenjaq
authorloffer
permlinkthe-greater-fool-theory
weight10000 (100.00%)
Transaction InfoBlock #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
    }
  ]
}
steemdelegated 5.237 SP to @loffer
2020/12/11 13:35:48
delegatorsteem
delegateeloffer
vesting shares8528.564960 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 1.174 SP to @loffer
2020/12/06 07:12:15
delegatorsteem
delegateeloffer
vesting shares1912.543513 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.241 SP to @loffer
2020/12/05 17:13:45
delegatorsteem
delegateeloffer
vesting shares8534.772814 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 1.179 SP to @loffer
2020/11/02 20:45:24
delegatorsteem
delegateeloffer
vesting shares1920.017158 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.366 SP to @loffer
2020/05/09 08:12:18
delegatorsteem
delegateeloffer
vesting shares8737.578173 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 1.200 SP to @loffer
2020/05/08 12:10:42
delegatorsteem
delegateeloffer
vesting shares1953.311140 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.374 SP to @loffer
2020/04/16 01:28:30
delegatorsteem
delegateeloffer
vesting shares8750.465621 VESTS
Transaction InfoBlock #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
parent authorloffer
parent permlinkthe-greater-fool-theory
authorsteemitboard
permlinksteemitboard-notify-loffer-20191018t153957000z
title
bodyCongratulations @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 InfoBlock #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\"]}"
    }
  ]
}
steemdelegated 5.494 SP to @loffer
2019/05/12 18:34:33
delegatorsteem
delegateeloffer
vesting shares8946.082434 VESTS
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2018/10/19 02:01:06
parent authorloffer
parent permlinkthe-greater-fool-theory
authorsteemitboard
permlinksteemitboard-notify-loffer-20181019t020108000z
title
bodyCongratulations @loffer! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@loffer/birthday1.png)](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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steemdelegated 5.616 SP to @loffer
2018/05/16 22:36:15
delegatorsteem
delegateeloffer
vesting shares9145.693302 VESTS
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steemdelegated 18.136 SP to @loffer
2018/04/21 20:47:09
delegatorsteem
delegateeloffer
vesting shares29533.699872 VESTS
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steemdelegated 18.262 SP to @loffer
2017/12/12 22:23:42
delegatorsteem
delegateeloffer
vesting shares29737.531924 VESTS
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2017/10/19 17:08:39
voterloffer
authorghorardim
permlinknfl-weekly-contest-start-of-week-7-and-week-6-winners-enter-to-win
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2017/10/18 16:10:27
voterloffer
authoramazingtech
permlinkbe-a-brilliant
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2017/10/18 15:49:54
voterbitcoinparadise
authorloffer
permlinkthe-greater-fool-theory
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2017/10/18 15:35:09
voterloffer
authorgavvet
permlinkthe-south-african-border-war-zambia-s-turn
weight10000 (100.00%)
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2017/10/18 15:31:57
voteranomaly
authorloffer
permlinkthe-greater-fool-theory
weight100 (1.00%)
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2017/10/18 15:28:30
voterloffer
authoricedrum
permlinkelon-musk-s-a-i-destroys-champion-gamer
weight10000 (100.00%)
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2017/10/18 15:24:42
voterloffer
authorloffer
permlinkthe-greater-fool-theory
weight10000 (100.00%)
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lofferpublished a new post: the-greater-fool-theory
2017/10/18 15:24:42
parent author
parent permlinkmoney
authorloffer
permlinkthe-greater-fool-theory
titleThe Greater Fool Theory
bodyThe 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. ![50a2_6281.png](https://steemitimages.com/DQmUtJhv3aeMF2qSHxaNFy7kpStTWJscq3YMziqR7GsuQFK/50a2_6281.png)
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Transaction InfoBlock #16441037/Trx 88baecd0bacf872e30ed936bc19ce48b943419f1
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      "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. \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![50a2_6281.png](https://steemitimages.com/DQmUtJhv3aeMF2qSHxaNFy7kpStTWJscq3YMziqR7GsuQFK/50a2_6281.png)",
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steemcreated a new account: @loffer
2017/10/18 14:42:00
fee0.500 STEEM
delegation57000.000000 VESTS
creatorsteem
new account nameloffer
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Account Metadata

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JSON METADATA
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Auth Keys

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Witness Votes

0 / 30
No active witness votes.
[]