Quote from: ranlo on May 08, 2017, 01:33:59 AM

Quote from: pornluver on May 07, 2017, 07:10:43 PM

Quote from: ranlo on May 07, 2017, 06:41:44 PM

Quote from: pornluver on May 07, 2017, 06:30:35 PM

//Stuff

Between rate and use, there are icons. Those are what change the coin you're looking at in the charts. As for the lending amount, as far as I can tell, it will only go as low as the lowest offering -- so there was likely a flash crash. If you watch rates, for example, even though a rate may show 0.1%, people will often throw coins up at 0.05 or so. Doesn't make sense but they do it.

ven though a rate may show 0.1%, people will often throw coins up at 0.05 or so.

What does it mean?

If rate drops temporarily I do not think I should lend at that rate.

You keep responding to me so I want to clarify that I do not own, nor work for Cryptolend. I actually just recently started using them myself.

On your loan duration, the duration is the maximum time. When someone trades on margin, they can pick a length of time to borrow for. They can close it early if they want, or extend it for the entire period. If you set 2 days, they can ONLY borrow from you if they promise to close their position within 48h. If you set 60 days, they have 60 days but can close it after 1 minute or 59 days, 59 hours, and 59 minutes, all up to them.

Oh so I can actually get more people borrowing if I set things for 60 days.

Some loan offers are like 2-60 days in poloniex. I wonder how do they do so? Is it the same with 60 days?

Also does cryptolend ever create open loan offer? It seems that they are price taker or is it?