edward
Member of DD Central
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Post by edward on Sept 26, 2016 13:49:34 GMT
Looks like I will miss out on tranche B again then. Any day other than wednesday I could participate. Any ideas how to sabotage the launch for 24 hours???..or launch with other 2 on Tuesday, bearing in mind any DD will already have been done...
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Post by MoneyThing on Sept 26, 2016 13:58:07 GMT
Looks like I will miss out on tranche B again then. Any day other than wednesday I could participate. Any ideas how to sabotage the launch for 24 hours???..or launch with other 2 on Tuesday, bearing in mind any DD will already have been done... You could always email in your request and I'm sure one of TheThings will be able to place a bid for you on this occasion. Regards, Ed.
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edward
Member of DD Central
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Post by edward on Sept 26, 2016 14:18:24 GMT
Amazing service, thank you Things.
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Post by wickedxuk on Sept 26, 2016 17:17:07 GMT
[You could always email in your request and I'm sure one of TheThings will be able to place a bid for you on this occasion. Regards, Ed. I've emailed a similar request for the loans tomorrow. Hope that's OK Ed!
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james
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Post by james on Sept 26, 2016 21:29:33 GMT
I see that at least two requests have been made for MoneyThing to place bids for the Birkenhead loans, one specifically for B. I expect part B to all be gone in less than 30 seconds because of the high bid limit being used. So when MoneyThing is placing bids, please commit to not placing bids either before a loan goes live or within the first 60 seconds of going live. Otherwise asking MoneyThing to place bids can end up as a way to beat the scrum and get invested when the chance of doing so otherwise might be low. More generally, I'd much appreciate MoneyThing being able to place bids more routinely, since 4PM is approximately 3 hours before my normal waking time, pretty much the middle of the night for me. But is MoneyThing able to do that with any sort of scalability for both those who work nights and those whose jobs, perhaps on assembly lines, say, mean that they just can't be around at 4PM? Later: mods kindly moved the posts from the staff only topic to this one, which is why you now see them before this post
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fp
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Post by fp on Sept 26, 2016 21:35:44 GMT
Ed used the term "on this occasion" which shouldn't be taken lightly, i.e. its not likely to be something that can be done regularly, and if its abused will most likely not be available to anyone, genuine excuse or not.
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james
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Post by james on Sept 26, 2016 21:42:28 GMT
Ed used the term "on this occasion" which shouldn't be taken lightly, i.e. its not likely to be something that can be done regularly, and if its abused will most likely not be available to anyone, genuine excuse or not. In theory the bid limits should make it unnecessary to ask MoneyThing because there should be 24 hours to bid but we know that doesn't work as well as might be desired. In theory the person who can't bid on the Wednesday who made the request I linked to could just bid on Thursday at the time convenient for them instead of asking MoneyThing for help. But that would result in them getting nothing because the loans will fill way too rapidly for that to work. Those who routinely have 4PM as a bad time to bid are actually more disadvantaged than those who only occasionally are in that position so I do like the idea of MoneyThing helping, just not the idea of it producing an advantage beyond what normal scrum participation would produce.
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fp
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Post by fp on Sept 26, 2016 21:47:30 GMT
I've no problem with it, i'll either be online or I wont, I certainly wont lose sleep if I miss out.
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Post by Ton ⓉⓞⓃ on Sept 26, 2016 21:57:48 GMT
The first four posts of this thread have been moved or "merged" into this thread from the Staff Only one. When posts are merged they are ordered by date and time of creation, so they now appear, slightly confusingly, at the beginning of this thread.
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macro
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Post by macro on Sept 26, 2016 22:22:07 GMT
Looks like I will miss out on tranche B again then. Any day other than wednesday I could participate. Any ideas how to sabotage the launch for 24 hours???..or launch with other 2 on Tuesday, bearing in mind any DD will already have been done... You could always email in your request and I'm sure one of TheThings will be able to place a bid for you on this occasion. Regards, Ed. Unless the bid is guaranteed to succeed, pre-funding would seem like the more equitable solution.
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jaswells
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Post by jaswells on Sept 26, 2016 22:27:34 GMT
I would make a plea for a pre funding set up. It works well on SS. I am one of the unfortunate ones who cannot be available at 4pm and can never get a slice of the pie.
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ben
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Post by ben on Sept 26, 2016 22:44:36 GMT
It works well on SS as you do not actually need the funds there it would create a lot of extra work for MT to process extra deposits, withdrawals.
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dovap
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Post by dovap on Sept 26, 2016 23:13:12 GMT
Seems wrong for MT to queue jump for some 'bidders' who've read that they can get their offer sorted in this manner tbh.
As said get the bid limit right and it should work just fine anyway.
Simplicity of MT and things happening when they should is what makes the platform for me - attempts to turn it into a sort of pseudo SS effort doesn't appeal.
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arbster
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Post by arbster on Sept 27, 2016 4:40:11 GMT
Personally, I think bottom-up pre-funding without INPL might be the best solution in the long run. The net effect would be comparable to currently, as you have to deposit as much as you hope to secure, then participate in FFF. With the speed of withdrawal processing at MT, any excess can be withdrawn promptly afterwards. Maybe it's already on Shuang's to do list.
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archie
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Post by archie on Sept 27, 2016 6:41:32 GMT
MT bids are taking the same risk of being too late as normal bidders as I understand it. It's obviously not practical if they have to place many bids.
Personally I dislike pre-funding, it only works on SS because most of the loans are significantly larger. It certainly wouldn't work for a renewal here.
I prefer to know how much I'm investing and take my chance. Shrapnel doesn't appeal.
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