Is it always like this?

I take it you don't invest in P2P then? Or is the scaremongering because you're stuggling to get invested and want people to sell up?

No it's not always like this and it wont always be like this . only today I have read on the BBC where the shocking piece from the most expert Internet Security person in the country saying that this year yes 2017 one of our biggest banks is going to go bust because of a hacking cyber attempt and when you compare their security with the peer to peer security it doesn't take a rocket scientist to work out that and i t failure type of attack which brings down a whole platform and loses people their money is what is going to destroy this industry even before the next property price crash.
let's be honest with ourselves the security of these DIY websites and how easy it is to log in and how many mistakes the system makes and how they Jam up if more than half a dozen people try to use them at once let's be honest it's been a worry for lots of people and now the cyber security man himself has confirmed our concerns on the BBC and in relation to a big bank as well that tells you how serious the problem is.
what will happen is as soon as that first problem arises whether it's a big loss of money off people's capital or it's a big hat that destroy the platforms computer systems and people have no access to their money all Investments whatever it might be it will cause a panic like a tsunami and you will have the ripples being felt across the entire industry with thousands of savers stampeding to get their money out at the same time and it doesn't take a rocket scientist to work out that if you have got 50000 sellers and no buyers that there's no business being done.

I'd not want premiums/discounts on the SM. FC has it on theirs and it always niggles me to have to pay extra because someone with faster fingers or a bot got it first. Similarly their 0.25% sale charge annoys. I much prefer SSs flat market, where there is no cost to trading.

I played the SM game a lot as I wanted to diversify quickly. With hindsight it would have been much easier to ask for large positions in the pipeline, and sell off chunks of loans later if I couldn't cover my position.

I started off just the same (£100 I think) which has built up to a lot more than could bare to lose. I'm a risk taker, one day it will come up and bite me on the backside but it's served me well up to now. Most people my age don't have anything anyway, if I lose it all, I'm young enough to start again.