Liz
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Post by Liz on Mar 9, 2016 12:03:56 GMT
What is this the same SS?
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Investor
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Post by Investor on Mar 9, 2016 12:12:58 GMT
Why not just show some honesty and simply change the thread title to 'I'm a gamer'
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Liz
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Post by Liz on Mar 9, 2016 12:12:59 GMT
Seriously, I think a lot of people are going to become unstuck.
I expect a lot of unfunded promises to be unwinded.
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treeman
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Post by treeman on Mar 9, 2016 12:14:59 GMT
Looking at the previous (PBL084) pre-fund amount it was highly likely that this one would return 90-100%
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Investor
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Post by Investor on Mar 9, 2016 12:16:12 GMT
We did have some conversations months ago that this was inevitable. Frankly I'm quite glad it has happened and hope that the savingstream 'stick' is used effectively and not just to allow people to revert back to what they wish they had pre-funded. Too many threads on this so let's not start another
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sl75
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Post by sl75 on Mar 9, 2016 12:20:02 GMT
At least SS have limited bids to the size of one's existing portfolio, so that if the new loan is illiquid and someone's bid way too much, they can just sell off the rest of the portfolio to pay for it (perhaps starting with the most liquid loans!).
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Liz
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Post by Liz on Mar 9, 2016 12:22:18 GMT
Why not just show some honesty and simply change the thread title to 'I'm a gamer' I asked for for £5k, was happy with £3k-5k. I have diversified and cleared my negative balance(cash&sales). Other will have problems, I'm sure.
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adrianc
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Post by adrianc on Mar 9, 2016 12:38:05 GMT
Other will have problems, I'm sure. If they do, it's of their own making, and utterly predictable.
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Post by dodgeydave on Mar 9, 2016 12:48:33 GMT
I think it is about time the gamers got bit on the a**e.
Find it amusing
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Mar 9, 2016 13:13:36 GMT
Some "gamers" may face a double whammy if they don't understand the system.
1. They may have to sell down their most cherished loans.
2. They won't get interest on the new loanparts they have put up for sale.
Panic and it becomes a quadruple whammy
3. They may try buying back the loanparts they put up for sale. Oops, they are somebody else's.
4. They forget to change their prefunding for the next launch which is imminent.
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adrianc
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Post by adrianc on Mar 9, 2016 13:25:21 GMT
Some "gamers" may face a double whammy if they don't understand the system. 1. They may have to sell down their most cherished loans. 2. They won't get interest on the new loanparts they have put up for sale. Panic and it becomes a quadruple whammy 3. They may try buying back the loanparts they put up for sale. Oops, they are somebody else's. 4. They forget to change their prefunding for the next launch which is imminent. Schadenfreude is such a guilty little pleasure, isn't it?
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Post by dodgeydave on Mar 9, 2016 13:40:28 GMT
It would be great to see these gamers penalised in some way.
These gamers have stopped us from get a full allocation or a higher allocation in the past .
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Mar 9, 2016 13:41:36 GMT
Just wait two days, savingstream unwind the buy, and you're back where you were before the pre-fund. There's no need to panic, just do nothing and it'll all be sorted. That could mean SS paying for some expensive underwriting.
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Post by Deleted on Mar 9, 2016 13:44:03 GMT
It does look like some of the gamers who have been spoiling things for the fair players may have got bitten on the bum this time. Now, if the bot runners and the players have had their playground knocked out, things should be much improved for the rest of us and the reputation of the SS platform will be restored to what it was before the techno geeks and wide boys came onboard.
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Liz
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Post by Liz on Mar 9, 2016 13:47:53 GMT
Just wait two days, savingstream unwind the buy, and you're back where you were before the pre-fund. There's no need to panic, just do nothing and it'll all be sorted. Hopefully they get their frefunding disabled
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