blender
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Post by blender on Mar 28, 2021 23:35:19 GMT
Just following up an interesting discussion in another place:
Why are there 57 existing loans on the Ablrate platform, and yet 65 Ablrate loans on ASMX?
Left hand, right hand, or something more mysterious?
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nick
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Post by nick on Mar 28, 2021 23:48:12 GMT
Just following up an interesting discussion in another place: Why are there 57 existing loans on the Ablrate platform, and yet 65 Ablrate loans on ASMX? Left hand, right hand, or something more mysterious? The Ablrate platform only show current loans under 'existing loans' versus ASMX which shows all loans including those that have matured/settled.
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Post by Badly Drawn Stickman on Mar 29, 2021 7:35:38 GMT
Just following up an interesting discussion in another place: Why are there 57 existing loans on the Ablrate platform, and yet 65 Ablrate loans on ASMX? Left hand, right hand, or something more mysterious? The Ablrate platform only show current loans under 'existing loans' versus ASMX which shows all loans including those that have matured/settled. Well the first question raised by these posts is. Why were you both not in bed sleeping soundly at that time of the morning? I would go with ASMX being so highly evolved intellectually that it can never forget any detail. The other option being that nobody has been tasked with removing and burying the dead seems a shade futuristic.
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blender
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Post by blender on Mar 29, 2021 8:40:37 GMT
I think that Nick is right that ASMX includes loans that have been settled, which of course no longer exist but also cannot be traded. While the information is of some interest - past glories - I do wonder if Ablrate is wise to create an increasing sea of yellow which looks like suspended loans but in fact is ex-loans. Ghosts if you like. If I were waiting for, say, 60 to come live again I would be a bit miffed to find that it is a ghost. Not all completed loans are listed, why? I vote for the workhouse.
On the other hand there are two defaulted container loans which I think exist, especially if you hold them. They are excluded from existing loans - dirty washing in public etc. But I think they qualify for inclusion on ASMX more so than completed loans, as they are zombies rather than ghosts, and are certainly equally relevant to ASMX - though just how relevant is a matter of opinion.
It may be as VI says that on ASMX the dead have not been buried - but also the undead have not been dug up.
Left hand and right hand may be a simpler explanation, but less fun.
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brianlom1
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Post by brianlom1 on Mar 29, 2021 8:40:49 GMT
I sometimes like to refer back to matured/settled loans so I'm glad to see this is possible on ASMX
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blender
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Post by blender on Mar 29, 2021 8:46:19 GMT
If they show the completed loans, or a selection of them, but not the defaulted loans, does that not look a bit like a misrepresentation of the past? I would like to see all past loans on the Ablrate site, good bad and ugly.
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Post by ablrate on Mar 29, 2021 8:53:16 GMT
I think that Nick is right that ASMX includes loans that have been settled, which of course no longer exist but also cannot be traded. While the information is of some interest - past glories - I do wonder if Ablrate is wise to create an increasing sea of yellow which looks like suspended loans but in fact is ex-loans. Ghosts if you like. If I were waiting for, say, 60 to come live again I would be a bit miffed to find that it is a ghost. Not all completed loans are listed, why? I vote for the workhouse. On the other hand there are two defaulted container loans which I think exist, especially if you hold them. They are excluded from existing loans - dirty washing in public etc. But I think they qualify for inclusion on ASMX more so than completed loans, as they are zombies rather than ghosts, and are certainly equally relevant to ASMX - though just how relevant is a matter of opinion. It may be as VI says that on ASMX the dead have not been buried - but also the undead have not been dug up. Left hand and right hand may be a simpler explanation, but less fun. ASMX automatically opens up with tradeable loans only, so you shouldn't see them and have top go looking for them or take off the 'tradable loans' filter. Also, there was no point in putting loans on ASMX that are never going to be traded, or loans that completed before ASMX. The matured loans will be removed soon but we are obliged to keep records for a certain amount of time, we are looking at whether that includes the trading data.
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ilmoro
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Post by ilmoro on Mar 29, 2021 9:03:42 GMT
I think that Nick is right that ASMX includes loans that have been settled, which of course no longer exist but also cannot be traded. While the information is of some interest - past glories - I do wonder if Ablrate is wise to create an increasing sea of yellow which looks like suspended loans but in fact is ex-loans. Ghosts if you like. If I were waiting for, say, 60 to come live again I would be a bit miffed to find that it is a ghost. Not all completed loans are listed, why? I vote for the workhouse. On the other hand there are two defaulted container loans which I think exist, especially if you hold them. They are excluded from existing loans - dirty washing in public etc. But I think they qualify for inclusion on ASMX more so than completed loans, as they are zombies rather than ghosts, and are certainly equally relevant to ASMX - though just how relevant is a matter of opinion. It may be as VI says that on ASMX the dead have not been buried - but also the undead have not been dug up. Left hand and right hand may be a simpler explanation, but less fun. ASMX automatically opens up with tradeable loans only, so you shouldn't see them and have top go looking for them or take off the 'tradable loans' filter. Also, there was no point in putting loans on ASMX that are never going to be traded, or loans that completed before ASMX. The matured loans will be removed soon but we are obliged to keep records for a certain amount of time, we are looking at whether that includes the trading data. Perhaps you could add a record of completed/crystallised loans to the Ablrate platform like every other platform does so. Lenders should have access to historic loans they have participate in and new investors can see the success & failures.
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blender
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Post by blender on Mar 29, 2021 9:06:10 GMT
In another place, where admittedly the main action is with the tumbleweed, there is a thread keeping track of Ablrate tradeable loans versus total loans on ASMX. It implies that a large percentage is not tradable, though it is just the numbers given. It might be better if completed loans were shown differently on ASMX from loans suspended. A different colour, green perhaps?
The default opening to tradable loans is much better than before, but there are unintended consequences, which make the Ablrate platform look worse than it is.
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ilmoro
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Post by ilmoro on Mar 29, 2021 9:24:54 GMT
In another place, where admittedly the main action is with the tumbleweed, there is a thread keeping track of Ablrate tradeable loans versus total loans on ASMX. It implies that a large percentage is not tradable, though it is just the numbers given. It might be better if completed loans were shown differently on ASMX from loans suspended. A different colour, green perhaps? The default opening to tradable loans is much better than before, but there are unintended consequences, which make the Ablrate platform look worse than it is. It implies correctly though, 25 out of 57 is a large percentage, 40%+. Bit better than the 50%+ suggested in another place but still not a good look.
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Post by Badly Drawn Stickman on Mar 29, 2021 9:28:09 GMT
I think that Nick is right that ASMX includes loans that have been settled, which of course no longer exist but also cannot be traded. While the information is of some interest - past glories - I do wonder if Ablrate is wise to create an increasing sea of yellow which looks like suspended loans but in fact is ex-loans. Ghosts if you like. If I were waiting for, say, 60 to come live again I would be a bit miffed to find that it is a ghost. Not all completed loans are listed, why? I vote for the workhouse. On the other hand there are two defaulted container loans which I think exist, especially if you hold them. They are excluded from existing loans - dirty washing in public etc. But I think they qualify for inclusion on ASMX more so than completed loans, as they are zombies rather than ghosts, and are certainly equally relevant to ASMX - though just how relevant is a matter of opinion. It may be as VI says that on ASMX the dead have not been buried - but also the undead have not been dug up. Left hand and right hand may be a simpler explanation, but less fun. ASMX automatically opens up with tradeable loans only, so you shouldn't see them and have top go looking for them or take off the 'tradable loans' filter. Also, there was no point in putting loans on ASMX that are never going to be traded, or loans that completed before ASMX. The matured loans will be removed soon but we are obliged to keep records for a certain amount of time, we are looking at whether that includes the trading data. Regarding the last line. Could it not be argued that Ablrate and ASMX are technically separate entities and information relevant to Ablrate belongs on the platform and trading information on the ASMX platform. Currently it seems to be the wrong way round given that only one page of trading history is accessible on ASMX and historical loan data only partially on Ablrate. Or some version of the above.
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blender
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Post by blender on Mar 29, 2021 10:38:28 GMT
ASMX automatically opens up with tradeable loans only, so you shouldn't see them and have top go looking for them or take off the 'tradable loans' filter. Also, there was no point in putting loans on ASMX that are never going to be traded, or loans that completed before ASMX. The matured loans will be removed soon but we are obliged to keep records for a certain amount of time, we are looking at whether that includes the trading data. Regarding the last line. Could it not be argued that Ablrate and ASMX are technically separate entities and information relevant to Ablrate belongs on the platform and trading information on the ASMX platform. Currently it seems to be the wrong way round given that only one page of trading history is accessible on ASMX and historical loan data only partially on Ablrate. Or some version of the above. Yes, I was puzzled by 'we are obliged to keep records for a certain amount of time' because I do not understand who 'we' refers to, ASMX or ABL. Our rep is from ABL, but ABL does not own ASMX. Do we need a representative of ASMX?
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p2pete
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Post by p2pete on Apr 6, 2021 6:35:32 GMT
Is there an easy way to see how much I have invested? The "Invested Funds" amount on the dashboard includes defaults that have been settled so is a bit meaningless.
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