Quote from: unclescrooge on October 25, 2013, 07:53:40 AM

Hello,

Quote from: BGL on October 24, 2013, 11:31:00 PM

- I find pushing small lenders out the door reminiscent of a bank, not bitcoin.

We are not pushing small lenders. If we prevent offers smaller than 100 USD while still allowing balance of 10+ USD to be auto-lent, it's to avoid the multiplication of small offers while still allowing small lenders to push their dollars.
Otherwise we would have also put the threshold on auto-lending to 100 USD.
If we want to push small lenders, there is more effective ways, like accepting offers of big players than can borrow unlimited amount and slash down the rate of dollars to 5%. We did not, because we want to preserve our P2P lending model

Quote from: BGL on October 24, 2013, 11:31:00 PM

- Where on your website are these changes posted or reflected?

You can find information on the FAQ (support).

Quote from: BGL on October 24, 2013, 11:31:00 PM

- You are incorrect in saying USD >= $10 in auto lend will post. As it does not.

It should by now. It was a mistake, and it's as been corrected. Sorry about that.

Quote from: BGL on October 24, 2013, 11:31:00 PM

$100 being the the minimum, i have to shorten my loans in order to pick up the earned interest to keep the ball rolling.

If i'm shortening the loan to pick up the interest, I'm less able to target higher interest longer term loans.

This was not our intention, and I don't think it will be a major problem, as in any case the demand and offer on dollars won't change.

Best regards
Raphael
Bitfinex team