Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
simonk83
on 09/10/2013, 22:08:33 UTC
Ok, after several months of putting up with it I've run out of patience Smiley

Can we PLEASE do something about how the max time limit is displayed for lending, for the love of god.

For example:

The following is hypothetically available,

Days           Rate     Amount
 3               43%        104.74   
 4               44%        306.08   
 6               46%        87.53   


So I put in an offer at 60 days for 45%, so we have:

Days           Rate     Amount
 3               43%        104.74   
 4               44%        306.08   
60              45%      800.00
 6               46%        87.53

Then inevitably some douche will come along and put in an offer for the same amount, but for 2 days.  This then changes the above to:

Days           Rate     Amount
 3               43%        104.74   
 4               44%        306.08   
  2               45%      801.00
 6               46%        87.53


This gives a completely inaccurate view to anyone wishing to take up that offer, as they think the maximum days they can get is 2, when really there's an offer for 60 days in there.

This needs to be changed.   Why don't you just add a little + next to each offer that has multiple nested offers in it, which when clicked shows every available offer with it's individual details?  It's such a simple change but will make the site way more useful for lenders and borrowers alike.

Right now you get people "gaming" the system, and adding minuscule amounts to existing offers simply to reduce the max lending time down to something useless which then in turn makes their higher offer, perhaps 1% up, look more attractive.