not closed by admin ? by investors ? that mean your system is sucks.
I don't see how that's a problem with the system. The investors fund the loans, so they decide what happens with the loans.
also what the point reputation loan for ? as long as the borrower pay the lenders is doesn't matter.
you think someone will scam for 0,5 BTC ? risk all ID card, facebook, risk good name , etc ?
Actually, yes! People have scammed for less.
0.0015 BTC default:
https://bitlendingclub.com/loan/browse/lid/1047/small-amount-as-i-ve-come-up-short0.0145 BTC default:
https://bitlendingclub.com/loan/browse/lid/1972/investingalso if you looked at my listing, I create a lot listings with small and medium loan nothing funded.
and then after waiting 2 month , my loan for 0,5 BTC get funded then suddenly that listing closed cause your system suck, what do you think I feel ?
I think you should discuss this with the investors. Nearly 80% of the loans on our system get funded, so there is certainly no problem with funding loans.
also if investor think / vote my listing is reputation loan, why not change my loan category into reputation loan ? instead of deleting the list.
if you just change the listing loan into reputation loan, that's is good, it will be increase my repaid loan in my profile.
but you just deleted that's listing, that's is not good . also what reputation are for ?
You're only allowed to have one reputation loan, so changing the loan type for incorrectly classified loans will open up a loophole in our system. A borrower could ask the investors to vote on the loan and make it reputation, thus getting around the limit of one reputation loan per user. The reputation is there to show that lenders have had good transactions with the borrower.
there is lot of fake reputation on bitlendingclub. everyone can easy have 200 + reputation on BLC.
also scammers on BLC has lot of reputation points. reputation my ass.
Not really, you can't easily earn 200+ reputation on the platform, especially now that we have a 1 reputation loan limit. If you want to earn 200+ reputation you have to do it by repaying loans. And your claim is a bit contradictory: if it was so easy for scammers to get high reputation, then I'm not sure why you're having so much trouble.