spyrogyra
Member of DD Central
Posts: 386 
Likes: 148
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Post by spyrogyra on Feb 17, 2016 11:25:01 GMT
SS, you should think of a better way to tackle the bots. The silly system with the blurry images makes me feel like a monkey. In a way, it is insulting,at least I feel this way.
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Feb 17, 2016 11:27:54 GMT
Utter Rubbish
The SM works; we have easy access to our money when we need it. There is no BOTs, as the captcha catches them. There might be methods to get to the pictures quickly; and you'll never be able to stop that.
However; I have no BOTs, but I have found it extremely east to invest in the SM all morning.
Here's an idea; how about you just be patient investing your money with the pre-funding?
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Post by solicitorious on Feb 17, 2016 11:33:31 GMT
savingstream It would not impact liquidity if the transaction size was limited to say £250, with multiple bites at the cherry permitted. It is galling to see £10k vanish in a flash to one buyer. I think this tweak would go a long way to pacifying would-be investors. And it would seem logical that if there is rationing on prefunding there should also be some rationing on the SM, provided it doesn't impact liquidity [which it won't].
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Post by dodgeydave on Feb 17, 2016 11:34:44 GMT
I dumped my older stuff on the SM last night and easily picked up some longer term loans.
Also increased my holdings on PB77.
I havent got a clue what a bot is. Just got lucky maybe.
If you feel insulted i would try another platform
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Feb 17, 2016 11:41:27 GMT
savingstream It would not impact liquidity if the transaction size was limited to say £250, with multiple bites at the cherry permitted. It is galling to see £10k vanish in a flash to one buyer. I think this tweak would go a long way to pacifying would-be investors. The pipeline loans have been slow to materialise in the last couple of months, loans have been repaid and interest has been paid; so it's no wonder the SM is currently so liquid. However when the other large loans come through, the SM will become less liquid so there is no need to fix or restrict anything. People really think that it should be quick and easy to get a 12% return; just be patient dudes 
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Post by xyon100 on Feb 17, 2016 11:44:58 GMT
savingstream It would not impact liquidity if the transaction size was limited to say £250, with multiple bites at the cherry permitted. It is galling to see £10k vanish in a flash to one buyer. I think this tweak would go a long way to pacifying would-be investors. Perhaps, but I can't be doing with £250 transactions with the size of my investment on SS. I know where you are coming from, but where does the balance lay?
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Post by GSV3MIaC on Feb 17, 2016 11:45:15 GMT
SS, you should think of a better way to tackle the bots. The silly system with the blurry images makes me feel like a monkey. In a way, it is insulting,at least I feel this way. The other suggested systems (limits on number of bids, or size of bids, or using a pre-funding (place your buy requests to a central SS bot) are all probably harder to implement, and didn't attract enough votes. I'm not a big captcha fan either, but we don't have any other solutions (I'm not a big bot fan .. unless it's my bot of course. 8>.).
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Post by dodgeydave on Feb 17, 2016 11:48:16 GMT
There will never be a time when SS make everyone happy.
But some thing has to be done to stop people buying to much on prefunding and then dumping straight away.
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Post by zzr600 on Feb 17, 2016 11:51:55 GMT
There are nearly 6500 investors on SS. If only 1% act quickly then no wonder loans on the SM disappear quickly
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Post by GSV3MIaC on Feb 17, 2016 11:54:27 GMT
I think the complaint is that having decided 'fastest finger first' was not the way to allocate loans on the PM (i.e. at auction) it's a bit weird to allow people to overbuy by masses and then sell the excess into the SM where it is allocated by .. yep .. fastest finger first.
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Post by solicitorious on Feb 17, 2016 11:54:57 GMT
savingstream It would not impact liquidity if the transaction size was limited to say £250, with multiple bites at the cherry permitted. It is galling to see £10k vanish in a flash to one buyer. I think this tweak would go a long way to pacifying would-be investors. Perhaps, but I can't be doing with £250 transactions with the size of my investment on SS. I know where you are coming from, but where does the balance lay? It's a very simple to implement change, and easy for SS to tweak afterwards. Maybe on a day like today the limit could be upped to £500. Most people would prefer a reasonable chance of 1% of something, I guess, than a very high chance of 100% of nothing, as presently. Two other factors to consider. Time is money for most people, and elevated blood pressure is injurious to health!
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Post by dodgeydave on Feb 17, 2016 11:56:22 GMT
Perhaps, but I can't be doing with £250 transactions with the size of my investment on SS. I know where you are coming from, but where does the balance lay? It's a very simple to implement change, and easy for SS to tweak afterwards. Maybe on a day like today the limit could be upped to £500. Most people would prefer a reasonable chance of 1% of something, I guess, than a very high chance of 100% of nothing, as presently. Two other factors to consider. Time is money for most people, and elevated blood pressure is injurious to health! I do agree. You should be made to keep your allocation for over 48 hours.
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spyrogyra
Member of DD Central
Posts: 386
Likes: 148
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Post by spyrogyra on Feb 17, 2016 11:56:34 GMT
Arnold, it's not rubbish. I have my put my pre funding to as much as I wanted to end up with. Some investors are putting silly figures and then dump small chunks on the SM. But the system with the blurry images is not good for me. By the time I go through the hoops, the parts are long gone. Sometimes I fail to get the images right because I am in a hurry. All this makes me feel like I am participating in some kind of a circus. I agree that the the SM works fine, and SS website is brilliant in many ways. What I am suggesting is that an improvement can be made, and I've made this suggestion because SS has always taken on board lenders' suggestions and concerns.
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jamesc
Member of DD Central
Posts: 447
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Post by jamesc on Feb 17, 2016 11:58:16 GMT
Personally I want to say a big thank you to Savings Stream and congrats they have bought their biggest loan ever and got it anyway with no fuss. Yes I was surprised by the demand but SS did warn us. I am also surprised by the lack of SM pieces but they are there yeah I missed a few I wanted but I got more than I lost and I am no computer wiz or Bot handler nor do I have fast internet speed have just sat here most of the morning with the wife bringing me cups of tea and clicked on the loans I wanted and the times I did not go through 3 lots of road signs then I bought what I wanted. The SM works DONT change it and more loans on the pipeline will make it more liquid.
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Post by solicitorious on Feb 17, 2016 11:58:53 GMT
It's a very simple to implement change, and easy for SS to tweak afterwards. Maybe on a day like today the limit could be upped to £500. Most people would prefer a reasonable chance of 1% of something, I guess, than a very high chance of 100% of nothing, as presently. Two other factors to consider. Time is money for most people, and elevated blood pressure is injurious to health! I do agree. You should be made to keep your allocation for over 48 hours. TBH, I hadn't thought of limiting sellers, just buyers...
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