arbster
Member of DD Central
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Post by arbster on Oct 22, 2015 13:35:22 GMT
£25K E gone in less than a minute. Botters win again. | a****d | 240 | | B*****a | 5000 | | B*****1 | 300 | | C**** B**** | 80 | | CP****r | 20 | | d****p | 1400 | | E***n | 3960 | | E********n | 1000 | | G***S*****e | 2420 | | G******C | 140 | | H***y | 400 | | j*h | 160 | | J**n | 180 | | J*** G***** | 20 | | L*******1 | 20 | | L***a | 1000 | | N**k | 5000 | | O***s | 160 | | Q******3 | 1140 | | S*S | 500 | | S*******e | 200 | | T*****y | 1200 | | z****** ****m | 480 | | Grand Total | 25020 |
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Investboy
Member of DD Central
Trying to recover from P2P revolution
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Post by Investboy on Oct 22, 2015 13:52:54 GMT
If I understand correctly you can set up max 1% of your portfolio to be invested in Autobid.
So if some of above were bots it means people have £500,000+ portfolios and are all over those loans.
Another alternative is they are constantly watching or have some notification mechanism to inform them instantly about new loans.
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Post by goldservice on Oct 22, 2015 14:01:50 GMT
For the record, G***S*****e absolutely does not have a bot, could not write a bot, and doesn't know where to get one. But on a day like this he would love to have one!
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Post by GSV3MIaC on Oct 22, 2015 14:03:02 GMT
You are confusing bots with autobid (which is too slow to have even got a look in). Bots can bid what they like (autobid will only bid ONCE, at 0.25, 0.5 or 1% of your total).
(this to investboy, not goldservice)
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Post by GSV3MIaC on Oct 22, 2015 14:05:17 GMT
PS that was a rejected WL again ...
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Post by aloanatlast on Oct 22, 2015 14:10:13 GMT
£25K E gone in less than a minute. Botters win again. Oh stop complaining. We flippers provide such a useful service to FC by underwriting these hard-to-fill loans, don't you know.
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arbster
Member of DD Central
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Post by arbster on Oct 22, 2015 14:16:54 GMT
£25K E gone in less than a minute. Botters win again. Oh stop complaining. We flippers provide such a useful service to FC by underwriting these hard-to-fill loans, don't you know. Yes, this one would definitely have struggled to get over the line if you guys hadn't stepped in... 
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Post by aloanatlast on Oct 22, 2015 14:16:32 GMT
PS that was a rejected WL again ... But did you look before you started bidding? Nor me. They could be called "We Torture Bambi" and the loan would be filled before anybody would notice.
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SteveT
Member of DD Central
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Post by SteveT on Oct 22, 2015 14:19:49 GMT
PS that was a rejected WL again ... But did you look before you started bidding? Nor me. They could be called "We Torture Bambi" and the loan would be filled before anybody would notice.
Pretty sure that sort of operation would rate an A+ from Furry Critturs these days.
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Investboy
Member of DD Central
Trying to recover from P2P revolution
Posts: 564
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Post by Investboy on Oct 22, 2015 15:34:10 GMT
You are confusing bots with autobid (which is too slow to have even got a look in). Bots can bid what they like (autobid will only bid ONCE, at 0.25, 0.5 or 1% of your total). (this to investboy, not goldservice) By bots you mean people wrote software / scripts to monitor the site and bid for them? Is there an official API to do that or just screen scraping?
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Steerpike
Member of DD Central
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Post by Steerpike on Oct 22, 2015 15:56:15 GMT
You are confusing bots with autobid (which is too slow to have even got a look in). Bots can bid what they like (autobid will only bid ONCE, at 0.25, 0.5 or 1% of your total). (this to investboy, not goldservice) By bots you mean people wrote software / scripts to monitor the site and bid for them? Is there an official API to do that or just screen scraping? You might call it browser automation. Those that really know don't share much, those that share probably don't know much.
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Post by GSV3MIaC on Oct 22, 2015 16:32:31 GMT
By bots you mean people wrote software / scripts to monitor the site and bid for them? Is there an official API to do that or just screen scraping? You might call it browser automation. Those that really know don't share much, those that share probably don't know much. There is an API, promised these last 2 years, but it isn't released yet. You can sign up for the open beta on the FC site - just follow the API link. In the meantime people who got bored waiting (mea culpa) have automated the browser instead. I'd cheerfully share what I know, but I don't want any support burden. For the record my automation uses VBA/Excel and XMLHTTP60 calls (you can automate an instance of IE as an object, but it has more issues that you can shake a stick at). If you just want a bell to ring when a new auction appears, there are several off the peg solutions. p.s. and only fair to add I'm not sure the world needs more bots on the job. Mine I trust to turn itself off after what I consider to be a fair deal (in this case 7 x £20 bids) .. I'm not interested in helping people who think 20% is their fair allocation. 8>.
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Post by goldservice on Oct 22, 2015 16:52:14 GMT
GSV: "If you just want a bell to ring when a new auction appears, there are several off the peg solutions."
I will share all of what little I know: I use browser extensions Refresh Monkey and Page Monitor in Chrome on Mac to ring that bell.
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Post by GSV3MIaC on Oct 22, 2015 16:54:15 GMT
PS that was a rejected WL again ... But did you look before you started bidding? Nor me. They could be called "We Torture Bambi" and the loan would be filled before anybody would notice.
Actually yes, I did/do look before bidding (well, 'er indoors does) since it impacts how much I'd bid and how long I might plan to hold it. I have, however, stopped looking at the titles since 'expansion loan' makes very tedious reading, and Biddy doesn't get the joke in 'Carving out New opportunities' (etc.). The word 'property' and a tranche number of 1, does trigger a certain pavlovian 'run and hide' response though, unless ameliorated by LOTS of cashback.
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blender
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Post by blender on Oct 22, 2015 21:03:35 GMT
Some excitement and trepidation about the E band here. I currently have two, a third is having a long think about taking the loan. One of the two makes its first payment tomorrow, or more accurately FC either has the money and will pay it tomorrow (system permitting) or we go into processing. The other one makes its first payment on 28th (fore-toes crossed). £1000 over these two, and so of some importance. Tomorrow's is expansion and growth - the normal ambition expected from a borrower, but that on 28th is only growth - so where is the expansion, I worry? At least neither are working capital, aka fix a hole in the balance sheet for a few months while we think what to do. If they both pay then, barring a credit event, I will not be going through this worry with these loans again.
(Ok it's a stream of conciousness being shared here, but not bad for a chameleon.)
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