Well, is there a better way to regulate this?
I don't have any good ideas on how to regulate something like this so that's why I opened the thread - also to give a heads up to loaners that they should be more wary with their trust distribution.
I think lenders who give out loans should set up something in mind from starting up of lending service that
1)Lender will not leave a positive trust until it exceeds certain amt. [like I will not give a positive feedback if amount is >0.5BTC (example)]
2)Lender will not leave a positive trust until it exceeds certain interest (in percentage% or any amt) [like I will not give a positive feedback if interest amount is >15% or 0.025BTC (example)]
3)Also lender will give a positive feedback after some successive loan requests [like X giving a positive feedback after 5-6 successful lending transactions]
All of the points should be fulfilled to give out a positive feedback.
Also this thing must not be posted in the lender's thread.So far it is good as Mitchell posted
What do you think?
Note: I will not leave trust for micro-transactions. No trust farming here.
Pretty smart isn't he? Point to be noted:
He didn't gave any hint to trust farmers about the range . He just posted it as micro-transactions.~snip~ just the people who take loans out continuously every couple of weeks without real reasons - often things like "buying gifts" or "renewing a miner"... etc.
I have come over the point that there should be a loan request limitation per week/month per user(whichever suitable)[like a user say X can only request for loan twice a week]
(Am sorry there may be some grammatical errors . Hope you guys got it what I am trying to say.)