|
Post by richardthe4th on Feb 16, 2018 10:02:54 GMT
A £10 bid limit might stop the bots but doesn't that mean that the allocation will be so small that it's not worth bothering with?
You'd be lending someone a tenner and getting 50p in interest after all....
|
|
|
Post by dan1 on Feb 16, 2018 10:11:05 GMT
A £10 bid limit might stop the bots but doesn't that mean that the allocation will be so small that it's not worth bothering with? You'd be lending someone a tenner and getting 50p in interest after all.... Agreed. So, how about introducing an Unbolted style allocation system? Random or round-robin style but the point being you don't have to waste time logging in and bidding, and perhaps getting nothing.
|
|
hantsowl
Member of DD Central
Posts: 672
Likes: 546
|
Post by hantsowl on Feb 16, 2018 10:11:46 GMT
A £10 bid limit might stop the bots but doesn't that mean that the allocation will be so small that it's not worth bothering with? You'd be lending someone a tenner and getting 50p in interest after all.... True, but you should be able to grab a lot more loans at £10 and this also spreads risk. The net result at the end of the day will probably be similar. Don't forget, lots of £10 loans means lots of 50p's interest. Anyone who feels that 50p interest is not worth the effort still has the option of chucking megabucks at the property loans and helping clean up the SM queue
|
|
hantsowl
Member of DD Central
Posts: 672
Likes: 546
|
Post by hantsowl on Feb 16, 2018 10:24:45 GMT
A £10 bid limit might stop the bots but doesn't that mean that the allocation will be so small that it's not worth bothering with? You'd be lending someone a tenner and getting 50p in interest after all.... Agreed. So, how about introducing an Unbolted style allocation system? Random or round-robin style but the point being you don't have to waste time logging in and bidding, and perhaps getting nothing. I actually preferred Unbolted before they introduced their allocation system. It works for them because it is a totally hands-off system where your only interaction is to top-up available funds occasionally, and you get invested in every loan whether you want to or not (with a handful of exceptions). Also, their allocation on small renewals is £5 (or nothing) so anyone who dislikes a £10 limit as too small would hate that system even more. Col is a very interactive system by comparison where you can choose where to invest and trade on the SM. I don't think automatic allocations would be a good idea at Col.
|
|
jcb208
Member of DD Central
Posts: 820
Likes: 606
|
Post by jcb208 on Feb 16, 2018 12:45:23 GMT
I like the unbolted system best as no need to log in and end up disappointed ,you either get an allocation or not on a loan even though the gold is usually small it soon adds up.I started with them a couple of months ago and have now passed the 5k mark without hardly any intervention
|
|
|
Post by df on Feb 16, 2018 12:55:23 GMT
A £10 bid limit might stop the bots but doesn't that mean that the allocation will be so small that it's not worth bothering with? You'd be lending someone a tenner and getting 50p in interest after all.... Agreed. So, how about introducing an Unbolted style allocation system? Random or round-robin style but the point being you don't have to waste time logging in and bidding, and perhaps getting nothing. I like Unbolted system most and it would be even better if allocations for smaller loans weren't random, but in Col's scenario this might not suite people who don't want to invest in cars (unless they separate cars from bling). £5 limit for very small available amounts could work better than £10, I think.
|
|
|
Post by dan1 on Feb 16, 2018 15:37:09 GMT
Agreed. So, how about introducing an Unbolted style allocation system? Random or round-robin style but the point being you don't have to waste time logging in and bidding, and perhaps getting nothing. I like Unbolted system most and it would be even better if allocations for smaller loans weren't random, but in Col's scenario this might not suite people who don't want to invest in cars (unless they separate cars from bling). £5 limit for very small available amounts could work better than £10, I think. Good point. I guess you could mirror the AutoLend options with the following: - BB (pawn), secure storage - BB (pawn), AoC - PL (pawn), secure storage - PL (pawn), AoC - BB (vehicle), secure storage - BB (vehicle), legal charge
|
|