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Post by longjohn on Dec 11, 2014 15:04:13 GMT
Since the live updates stopped I've noticed a marked reduction in bidding frenzy at the end of auctions. A manual page refresh every 20 seconds results in very few new bids shown and the rate hardly moves. Even large A+ loans are progressing at a sensible speed.
I'm successfully bidding this month about 1.5% higher then my average for the last three months and even getting in a number of 14%+ bids.
So, is this due to live updates not working or is everyone off to the shops?
John
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Post by yorkshireman on Dec 11, 2014 15:09:41 GMT
More likely that FC has banned Lofty and others.
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Post by goldservice on Dec 11, 2014 16:51:30 GMT
Since 17 Nov, closing rates for A and A+ have been 0.5-1.0% lower. I had assumed this was just supply and demand. If auctions are more orderly (with Beta turned off) because buy bots have been tamed, then was that perhaps a cheaper way of solving the chaos than spending on IT developments? But why has Beta stopped working? Was it simply turned off by Fractal Chaos? And was that because it was contributing to the chaos at busy times?
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mikeb
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Post by mikeb on Dec 11, 2014 19:28:15 GMT
goldservice -- you're right. I'm sure that live update has been nobbled to take load off the server -- since it stopped working, the 50X "Gateway" related errors have gone. Although my F5 key is getting some stick now
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agent69
Member of DD Central
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Post by agent69 on Dec 11, 2014 19:40:39 GMT
I got out of FC last year due to falling rates and some questionable defaults.
Having gotten a bit disillusioned about the shortage of loans on AC, I have had a modest punt on FC again. Been quietly surprised at the current offerings, including 9402 which I got at 11.1%. I can't bid during the day and it is difficult to work out where the rate will end. Certainly doesn't appear to be the same manic bidding frenzy at auction end that occurred previously.
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Post by floatingharbour on Dec 11, 2014 20:41:27 GMT
When live updates stopped working, I thought it was my browser that was at fault! I am pleased that the frenzied bidding has quietened down, but I must say the bidding experience seems rather tame now. Looking at 'All Bids' on recent auctions, the buy bots are still functioning - so it's unclear to me what has happened to calm the process. It would be interesting to know what FC's thinking was, assuming that suspending live updates was indeed a matter of deliberation. The fact that the facility still appears on the web page might suggest that they plan to reinstate it at some point. Maybe its just that the elastic band broke and they can't find a suitable replacement?
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Post by GSV3MIaC on Dec 11, 2014 20:52:56 GMT
I'm still ticking over, but given the SM rates which things are moving at, very few of the 'frantic auction closes' are interesting so I have been elsewhere instead. I hadn't noticed that live misinformation had been nobbled, but it would make sense since it generates lots of server activity even for people who have wandered off from their PC, or tablet, or whatever and left it pointing at an auction. I have the same issue with HL's live streaming FTSE data. I have seen (using F5, or reasonable equivalent) quite a few auctions where the bid data was still out of line with reality (9515 has had £5k or more too many bids shown as 'live', on several occasions, which is pretty extreme % error on a 15k auction) so the problem is not exactly fixed. No comment from FC one assumes, although we have been telling them for over a year that the 'beta' was more like 'zeta' (which is sort of pre-alpha).
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Dec 12, 2014 14:52:23 GMT
goldservice -- you're right. I'm sure that live update has been nobbled to take load off the server -- since it stopped working, the 50X "Gateway" related errors have gone. Although my F5 key is getting some stick now mikeb; hope that last sentence isn't a euphemism
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blender
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Post by blender on Dec 12, 2014 15:24:01 GMT
Yes it must be an unannounced trial to see if it improves performance, after which its demise will be confirmed. It's not needed for the whole loans, nor for autobidders, nor for fixed rate loans such as property. Just for the diminishing band of dinosaur manual lenders (like me) who wish to leave their bidding till the last minute to get the maximum rate. FC are acting fairly smart here - unless my interpretation is wrong and they have not noticed that it's broken. We shall see. Has anyone complained on the FC forum? If not why would they bother to restore/fix it?
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wysiati
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Post by wysiati on Dec 12, 2014 16:08:31 GMT
I have always found that the lag rendered the so-called 'live updates' functionality pretty much useless, particlarly during periods of high traffic. A snapshot from pressing F5 is more likely to be helpful. I would not see any need to complain about its demise.
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Post by Deleted on Dec 12, 2014 16:52:00 GMT
F5 seems to work ok for me, the last few days seem to have a whole load of small bids which drive down through the 10% range heading south. Staying well out of those and happy being 0.1% down from an ending final figure. It just takes time.
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Post by GSV3MIaC on Dec 15, 2014 20:30:43 GMT
Well the question about live updates ('dead updates') and the new look avatars '(identicats') has been asked over in t'other place, but the response is the usual .. deafening silence. I don't think FC really want to talk to us (which would explain the state the other Forum has been in these last 12 months or so). However, in the meantime, the website does seem to be working a bit better (or is it just me?), although I did get a few interesting "HTTP 0" error messages the other day (I think that means their Ajax server got confused - Firefox got pretty confused too).
Maybe the hamsters will get their breath back over Xmas - last year it went seriously dead for a few weeks, although this year we do have a few property loan to tide us over, if anyone has funds they can't place.
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Post by ohlala on Dec 18, 2014 18:12:53 GMT
Here's a little tip for monitoring your bids without overheads of a whole page refresh : Just add /my_bids onto the end of the URL for the auction and you'll get just the information on your bids. e.g. www.fundingcircle.com/loans/51260/auction - give you the full auction page and www.fundingcircle.com/loans/51260/auction/my_bids - gives you the my_bids data only I find this much quicker to refresh than the main auction page and as long as you see a green tick your bid is still live. In this example the main page was 1.7MB of data but the /my_bids page was only 450 bytes (with no bids though)
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Post by GSV3MIaC on Dec 20, 2014 21:47:14 GMT
Or if you want the bid summary, try www.fundingcircle.com/loans/49115/auction/bid_summaryor for all bids www.fundingcircle.com/loans/49115/auction/bidsThese don't help with the load on their server, but they do cut down the .js and .css to-ing and fro-ing. Of course since you are only seeing the bids tab, you have no idea what the auction is, how long the auction has to run, and whether you can bid (you can't bid from that page - no bid form!), but if you are just scraping bidding data to see what the tall one has been up to, it's a cheaper way of collecting it.
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Post by roni88 on Dec 22, 2014 7:49:25 GMT
This question is not really related to this thread, I just dont know where to post it -
I'm trying to find out which one is better? Lend on a single platform or multiple platforms?
What most lenders do?
And why?
Thanks! Roni
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