Tried to make a loan offer and got error "loan must be 5% or lower".



And whats with this 2 day minimum? Guess it's not really a free market over there.

It's more of a "Fuck You" to the retards on that list. I'm no whale.

Guess I could have been if there had been a usd/xmr pair a few weeks ago but I'm not one for waiting when I decide to do something.

Progress for sure. Love it!   

Dunno if i grasp your intention at full spec, but microtransactions we´re never intented to be populating the mainchain --->  https://getmonero.org/design-goals/

I would really like to see a margin market appear where people can borrow XMR to long other crypto.  I just don't like the idea that borrowing XMR immediately means shorting it.  Maybe with time and adoption, the volume on the XMR market in Polo will support this.

The lender eats it??. Ooops, I didn´t know it!. Do you know how common is it?. Does Polo notifies you in case of happening?. I thought it were 100% safe, I think Im going to replanteate my lendings...

Tons of useful info Bitjedi!

290 is the new 270

inexorable

found some loose change under the exchange's couch cushions and placed a bid that has a small chance of being filled

I thought it was mathematically sure because somehow the system would calculate how to margin call the borrower without f$%·ing the lender, but it was only a guess. If that has never happened somehow reliefs me, I guess we need a really extreme movement to crush the numbers.

So I guess the higher the amount lended multiplied the interest rate, the higher the possibility the get rekt that way... makes sense.

Very useful info, thanks

Micro transactions is one thing that can be easily provided by a traditional centralized ledger provider that is funded by Monero. The first thing to understand here is that micro transactions by their very nature fall way below any AML/KNC regulatory requirements. Someone funding an account with say 10 USD, in order to pay for say 10,000 page views at 0.001 USD per page view is not the concern of financial regulators. This issue with micro transactions with the current fiat payment systems is not the actual micro transactions themselves but how do you fund the account in the first place, especially if anonymity is desired and this is done across international boundaries? As for the micro transaction provider themselves there is no reasonable reason for them to keep track of who sent 0.001 USD to whom. If they do not have a strict privacy policy then the market can find another provider. Filing millions of suspicious transaction reports for amounts under 0.01 USD each is not a valid reason and could easily land the provider who does this into serious legal trouble with the agency that was the target of such a denial of service attack.

I notice that price movement looks a bit like a step function, complete with ringing.