james
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Post by james on Aug 24, 2015 19:19:59 GMT
Given the way that Bondora interest seems to be declining and Mintos seems to be doing things right and attracting interest I thought it might be an idea to swap Bondora and Mintos so Mintos is in the main board list not Bondora. But then I thought that there are other interesting Baltic States platforms also and thought that it might instead make a better idea to have one for all of the Baltic States platforms (Estonia, Latvia and Lithuania origins) with the most interesting looking platforms in the section title. Maybe "Mintos & Baltic States" as main one and the others as sub-boards, Bondora being one of the sub-boards? What do you think? Best to discuss before asking mods to do something...  If there's some reasonable interest after a couple of days I'll post in the Mintos board at lest to point people there to this discussion, unless someone beats me to it. |
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Post by gmaxkenny on Aug 24, 2015 22:30:42 GMT
Good idea. There are now seven Baltic platforms that I know of which take foreign investors and at least two,Mintos and Twino may have a better long term future than the now very disappointing Bondora.
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JamesFrance
Member of DD Central
Port Grimaud 1974
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Post by JamesFrance on Aug 25, 2015 6:39:17 GMT
By coincidence I was thinking about this yesterday also as there is no doubt that Bondora is going their own way and not making any effort to consider the views of their active investors. They have two forum members here but never enter discussions, whereas Mintos are playing an active part in the forum and are quick to answer queries and provide new information about the platform. They definitely deserve to take the place now occupied by Bondora.
There was a recent poll on the Bondora forum asking where members expect to invest their euros in future. The result was as follows:
Mintos 21 votes
Twino 5 votes
Bondora 3 votes
Not many people bother to post on Bondora's forum any more because they don't make any effort to to take part themselves and nearly all the posts are critical now. I already have more invested in the other platforms mentioned than I do in Bondora, although they are much newer it is much easier to invest new money in those without being exposed to loans which have been proven to be very high risk.
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Post by martins on Aug 25, 2015 10:43:36 GMT
That would be our honour to be moved to the main board. We are very happy to engage with investors and provide answers and additional insights where necessary. For information, we will add new loan originators from other countries to our platform soon; thus, reference to the Baltic States will probably decrease in importance.
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james
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Post by james on Aug 25, 2015 11:02:48 GMT
For information, we will add new loan originators from other countries to our platform soon; thus, reference to the Baltic States will probably decrease in importance. Yes and there is also your move to London and plan to seek FCA regulation in the future. Part of the reason of having Mintos the top level board and others a Baltic States sub-boards is that having too many top level boards can be difficult for users, so I wanted to propose something that would not increase the number of top level boards. If Mintos continues to do well it will be possible to ask for something different in the future. Another possible split would be changing "More P2x sites" into one board for Eurozone and one for GBP but I think at the moment that the "Mintos & Baltic States" split is a better match for where people's interests here are today. But maybe doing both the Mintos and Baltic States change and the other P2P split would be a good idea. I'm sure the mods will have "fun" discussing what to do.
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Post by webbski9 on Aug 25, 2015 12:52:57 GMT
Absolutely James.I think the time has come to "re-arrange' the Main Board.
There is no question that Bondora have shot themselves in the foot on soo many levels.
Mintos and now Twino deserve their place higher up the " pecking order".
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Post by coolrunning on Aug 25, 2015 14:44:01 GMT
I would like to keep Bondora at the current level in this forum.
Why?
It is not that I am against Mintos having a proper visibility.
It is because Bondora are likely to think of their forum as against their desired public image (well 90% of the posts there are negative), and it is very possible that they will soon close it down.
Bondora users like me will need a easily accessible forum where they can discuss Bondora (and be negative if they want to) without the future threat of being closed down.
I suggest that this forum can be the main forum to post about Bondora.
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JamesFrance
Member of DD Central
Port Grimaud 1974
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Post by JamesFrance on Aug 26, 2015 7:54:16 GMT
I really don't think that a prominent position on the forum is justified for Bondora. The activity both here and on their own forum has dwindled a lot over the past two years as they have continued to make frequent changes in their attempts to expand, nearly all against the interest of their investors who they have continued to ignore.
The worst thing was to use investor's money to experiment in new countries, making loans with terrible default rates and then to remove country choice from their auto invest system in order to fill loans which sensible investors were avoiding. The most recent change seems to be to hide new loans from the open market for the first 48 hours, so that few loans ever become available for manual investment and then only the largest ones which have failed to fill automatically by passive investment. The current level of support seems to be to cut and paste a standard response vaguely related to the question, which is completely pointless.
Furthermore to be making personal loans at interest rates approaching 100% is not something I am at all comfortable with.
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Post by coolrunning on Aug 26, 2015 9:20:41 GMT
I really don't think that a prominent position on the forum is justified for Bondora. The activity both here and on their own forum has dwindled a lot over the past two years as they have continued to make frequent changes in their attempts to expand, nearly all against the interest of their investors who they have continued to ignore. The worst thing was to use investor's money to experiment in new countries, making loans with terrible default rates and then to remove country choice from their auto invest system in order to fill loans which sensible investors were avoiding. The most recent change seems to be to hide new loans from the open market for the first 48 hours, so that few loans ever become available for manual investment and then only the largest ones which have failed to fill automatically by passive investment. The current level of support seems to be to cut and paste a standard response vaguely related to the question, which is completely pointless. Furthermore to be making personal loans at interest rates approaching 100% is not something I am at all comfortable with. James I agree with your comments but not with the conclusion. I think we need to abandon the official Bondora forums since I believe they are likely to be closed down. We should try to decide where we move our discussions to. I think this is a good forum for future Bondora discussions. Do you have other candidates?
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JamesFrance
Member of DD Central
Port Grimaud 1974
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Post by JamesFrance on Aug 26, 2015 10:03:11 GMT
I am not suggesting that the Bondora section should be removed, but that I agree with james that it does not warrant a more prominent position on the main board when there are more deserving candidates now for investment in euros. |
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p2pmaster
investment is life.
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Post by p2pmaster on Aug 26, 2015 10:58:18 GMT
I am in favour of moving Mintos to the main board in the long-term, but I guess it is still to soon for such move. The activity of Mintos in "other platforms" is slightly below FundingKnight and FK might get mad to be left behind. "Baltic States" is too much of generalization and would not fit in current P2P IF forum structure. As Bondora goes, it should remain in the main board as it is significantly larger than other platforms in the Baltics. Negative publicity might save few investors from losing their money |
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carlos
I'm short Bondora and long p2p.
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Post by carlos on Aug 26, 2015 11:13:15 GMT
I agree with Coolrunning...
Please leave separate Bondora board on main page...
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james
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Post by james on Aug 26, 2015 12:23:33 GMT
I really don't think that a prominent position on the forum is justified for Bondora. The activity both here and on their own forum has dwindled a lot over the past two years as they have continued to make frequent changes in their attempts to expand, nearly all against the interest of their investors who they have continued to ignore. ... ... I think we need to abandon the official Bondora forums since I believe they are likely to be closed down. ... We should try to decide where we move our discussions to. ...I think this is a good forum for future Bondora discussions. Do you have other candidates? There would still be a Bondora board here, just as a sub-board in a fairly prominent position. If Bondora does close down their forum then we can revisit what to do then about possibly making it a top level board again.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Aug 26, 2015 12:40:53 GMT
Amused at irony in this arguing for Bondora to be relegated whilst generating traffic on the board which would encourage mods to leave it  |
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james
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Post by james on Aug 26, 2015 12:55:50 GMT
Amused at irony in this arguing for Bondora to be relegated whilst generating traffic on the board which would encourage mods to leave it It's here because those like me who have money in Bondora are those most likely to want to have it stay where it is rather than move to a sub-board of what would effectively be the same section. While I'm no longer of that as it is now opinion, it's friendly to start discussion first with the most interested parties. In another place there was a spectacular example of getting this wrong: a group who wanted a new home for something made a proposal to change a section in the board issues section without mentioning it in the section they were proposing to replace. Fireworks followed once those in that section found out about it and the change hasn't happened. The mods there had presumed it was broadly supported by both groups when accepting the proposal... oops.
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