I have to agree in terms the math. It's pretty convoluted 
Profit wise my findings are that I make better returns lending consistently letting the loans break up into smaller chunks with variable duration without a hard minimum. The step down rate dropping is also a big reason why I myself don't use a minimum rate at all. BUT - I hear you. I thought about it and while the current build doesn't have manual settings I am going to add them. The coding, in fact, is done. I just need to get the build on my box to test it.
So within the next day or two I'll have a new build with a tab for "Manual Overrides". If you select that you'll be able to set a duration between 2 and 60 days and set the minimum rate. The system will still try to get you a better than minimum rate if the market is higher than your minimum, but it won't go below the minimum rate you set.
This more or less will eliminate the mean and deviation logic in the bot and have it function like other bots have in the past. Again, I think using the mean and deviation does yield a higher return but if you're having good results with a minimum setting I'm more than happy to provide it.
I'm hoping to have the new build out within 36 hours or so. I'll make a post when it's ready for download.
Profit wise my findings are that I make better returns lending consistently letting the loans break up into smaller chunks with variable duration without a hard minimum. The step down rate dropping is also a big reason why I myself don't use a minimum rate at all. BUT - I hear you. I thought about it and while the current build doesn't have manual settings I am going to add them. The coding, in fact, is done. I just need to get the build on my box to test it.
So within the next day or two I'll have a new build with a tab for "Manual Overrides". If you select that you'll be able to set a duration between 2 and 60 days and set the minimum rate. The system will still try to get you a better than minimum rate if the market is higher than your minimum, but it won't go below the minimum rate you set.
This more or less will eliminate the mean and deviation logic in the bot and have it function like other bots have in the past. Again, I think using the mean and deviation does yield a higher return but if you're having good results with a minimum setting I'm more than happy to provide it.
I'm hoping to have the new build out within 36 hours or so. I'll make a post when it's ready for download.
THANK YOU VERY MUCH !!!
...for your quick and detailed answer.
After reading twice, I got headache. So I called my mate over, usually a clever IT pro. He could'nt figure it out either.
Sorry mate, I have to ask you in a different way:
What setting keeps my offers at the highest level, with very slow decreasing. So hat PoloLend only makes high offers (above 0.3%).
If the rate stays down at 0.13 for 3 days, I don't mind have no active loans.
(I'm worried that PoloLend lends all my 8btc in the first few minutes or hours, while tomorow we get better offers.)
sorry for asking again ;-)
THX
...for your quick and detailed answer.
After reading twice, I got headache. So I called my mate over, usually a clever IT pro. He could'nt figure it out either.
Sorry mate, I have to ask you in a different way:
What setting keeps my offers at the highest level, with very slow decreasing. So hat PoloLend only makes high offers (above 0.3%).
If the rate stays down at 0.13 for 3 days, I don't mind have no active loans.
(I'm worried that PoloLend lends all my 8btc in the first few minutes or hours, while tomorow we get better offers.)
sorry for asking again ;-)
THX