oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Jan 18, 2016 12:39:44 GMT
"That is nonsense."
I agree. m*************3 is selecting all sorts of loans, not one, but is suspiciously successful while the rest of us wrestle with picture games and end up too late.
|
|
webwiz
Posts: 1,133
Likes: 210
|
Post by webwiz on Jan 18, 2016 12:45:39 GMT
|
|
webwiz
Posts: 1,133
Likes: 210
|
Post by webwiz on Jan 18, 2016 12:46:41 GMT
Looking at the activity on the SM it appears that most readers of this forum might be dumping their holdings which are mostly being hoovered up by the robot-like m***************3. If repeat if this is SS as some have suggested on another thread could it be that they have a bad loan on their hands which they are trying to deal with under the radar? That is nonsense. Fair enough. just an idle thought, no offence. Edit: anyway good to see that you are reading this forum, and answering some of the points at least.
|
|
|
Post by savingstream on Jan 18, 2016 13:33:01 GMT
We would love to reply to all pertinent points raised on the forum, and we have said in the past that this is an incredibly useful resource for us. However, we tend to take info on board and deal with it where and if we can rather than get into debates as it is a more efficient use of our time.
We appreciate recommendations and improvements when highlighting potential failings as these are generally more actionable.
|
|
|
Post by supernumerary on Jan 18, 2016 20:12:40 GMT
We would love to reply to all pertinent points raised on the forum, and we have said in the past that this is an incredibly useful resource for us. However, we tend to take info on board and deal with it where and if we can rather than get into debates as it is a more efficient use of our time. We appreciate recommendations and improvements when highlighting potential failings as these are generally more actionable. IMHO, it is to your credit that you don't come on these boards all the time. You are not 'marshalling' every point, defending every accusation, or making out that you are the 'bees knees'. Savingstream just gets on with it, with a 'Teflon Coat' and lets the results do the talking. It is just my observation, my opinion and something I have wanted to say before now. Maybe others on here won't agree with me, but so far, you have made a VERY good impression with me. Thank you for what you are doing, for everybody.
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Jan 18, 2016 20:16:12 GMT
We would love to reply to all pertinent points raised on the forum, and we have said in the past that this is an incredibly useful resource for us. However, we tend to take info on board and deal with it where and if we can rather than get into debates as it is a more efficient use of our time. We appreciate recommendations and improvements when highlighting potential failings as these are generally more actionable. IMHO, it is to your credit that you don't come on these boards all the time. You are not 'marshalling' every point, defending every accusation, or making out that you are the 'bees knees'. Savingstream just gets on with it, with a 'Teflon Coat' and lets the results do the talking. It is just my observation, my opinion and something I have wanted to say before now. Maybe others on here won't agree with me, but so far, you have made a VERY good impression with me. Thank you for what you are doing, for everybody. While I agree with this post, I still think that it would help if SS can find some time to reply to some of the queries raised previously in this thread. It does not have to be here on the forum. Even if they add a page on their website or in their FAQ.
|
|
|
Post by savingstream on Jan 20, 2016 13:17:13 GMT
IMHO, it is to your credit that you don't come on these boards all the time. You are not 'marshalling' every point, defending every accusation, or making out that you are the 'bees knees'. Savingstream just gets on with it, with a 'Teflon Coat' and lets the results do the talking. It is just my observation, my opinion and something I have wanted to say before now. Maybe others on here won't agree with me, but so far, you have made a VERY good impression with me. Thank you for what you are doing, for everybody. While I agree with this post, I still think that it would help if SS can find some time to reply to some of the queries raised previously in this thread. It does not have to be here on the forum. Even if they add a page on their website or in their FAQ. ABLENDER or others - Would you be kind enough to summarise all the outstanding points that people on this forum would like clarifying / comments? As was mentioned, we do not have the time to constantly monitor the forum and probably miss some pertinent and useful arguments that will help our business become even stronger.
|
|
|
Post by pepperpot on Jan 20, 2016 13:29:28 GMT
While I agree with this post, I still think that it would help if SS can find some time to reply to some of the queries raised previously in this thread. It does not have to be here on the forum. Even if they add a page on their website or in their FAQ. ABLENDER or others - Would you be kind enough to summarise all the outstanding points that people on this forum would like clarifying / comments? As was mentioned, we do not have the time to constantly monitor the forum and probably miss some pertinent and useful arguments that will help our business become even stronger. I think a few comments on this post would help bring some clarity. www.p2pindependentforum.com/post/85885/thread
|
|
wysiati
Member of DD Central
Posts: 397
Likes: 86
|
Post by wysiati on Jan 20, 2016 15:06:07 GMT
"That is nonsense."I agree. m*************3 is selecting all sorts of loans, not one, but is suspiciously successful while the rest of us wrestle with picture games and end up too late. Also apparently able to hoover up more than one listed loan offer (i.e. different PBLs) simultaneously or near instantaneously in far less time than it takes most of us to complete a single attempt.
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Jan 20, 2016 15:10:09 GMT
|
|
|
Post by Deleted on Jan 20, 2016 16:28:39 GMT
"That is nonsense."I agree. m*************3 is selecting all sorts of loans, not one, but is suspiciously successful while the rest of us wrestle with picture games and end up too late. Also apparently able to hoover up more than one listed loan offer (i.e. different PBLs) simultaneously or near instantaneously in far less time than it takes most of us to complete a single attempt. That's comical coming from a previously self confessed bot owner. Sour grapes perhaps that the bots have been banished.
|
|
|
Post by GSV3MIaC on Jan 20, 2016 17:06:47 GMT
Was wysiati a self confessed bot owner? I recall getting lots of hassle from him/her about my own modesty bot usage, but not that they said they had their own.
|
|
wysiati
Member of DD Central
Posts: 397
Likes: 86
|
Post by wysiati on Jan 21, 2016 12:05:06 GMT
Was wysiati a self confessed bot owner? I recall getting lots of hassle from him/her about my own modesty bot usage, but not that they said they had their own. No - FWIW I have not used any automated buying/selling tools or 'bots' other than those provided by the platforms (e.g. AC). I think that 'lots of hassle' is perhaps an overstatement? I think in the past I have taken issue with the attempts to portray one's own bot usage or 'parasite strategy' (although entirely rational as allowed within the rules) as being 'good' vs. others' 'bad' behaviour. I suspect that to the majority of users, being those who do not or who would but cannot develop/use a fully fledged bot, their presence is disruptive to attempts to achieve robust and diversified portfolios etc and as such from that perspective there are only degrees of 'badness'. Thinking of fixed rate regimes in particular, if a platform does not offer the opportunity to create diversified portfolios then its lenders appear less likely to be able to invest with less than commensurate risk and would be wise to consider switching allocations to those which make such possible. Others get their 'edge' in other ways, be it in credit analysis, portfolio management, 'gaming' the system (e.g. the previously mentioned parasite strategies) and the majority of users may consider those more or less objectionable. Having admittedly played my part I think we are in danger of getting off-topic in this thread.
|
|
ablender
Member of DD Central
Posts: 2,204
Likes: 555
|
Post by ablender on Jan 21, 2016 12:20:28 GMT
Parasite Strategy - wysiati, can you please explain?
|
|
wysiati
Member of DD Central
Posts: 397
Likes: 86
|
Post by wysiati on Jan 21, 2016 17:25:24 GMT
Parasite Strategy - wysiati , can you please explain? I'll have a go. In the context of P2P (and other financial markets) I am referring to strategies which take advantage of the structure of a given system/host (read platform/market) to make a turn, rather than, for example, being based on fundamentals. They will often rely upon the behaviour of other participants, e.g. the time poor. An example would be on a platform which allows resale premiums to be charged on loan parts. You can find a situation where a relatively small number of players can dominate the (blind) bidding in a loan (particularly smaller loans) which they have no intention of owning with a view to lock out others from the primary listings who will then be charged a premium to buy the same loan parts on the secondary market. There is a transfer of value to the parasite/flipper and it is not a truly co-operative relationship. It, historically at least, has also offered both superior absolute returns and risk/reward than a buy and hold strategy on platforms such as FC (pre- fixed rates and 20% bidding cap in particular). Arguably too many other platform participants behave(d) like captive customers and just fuel(led) the adoption of such strategies.
|
|