Prosper Bid Sniper
The Prosper Bid Sniper is an application that is currently in development that will allow lenders to ’snipe’ bids on Prosper using Prosper’s API services. The concept may be useful for lenders who want to avoid having their available cash tied up in loans that will ultimately not get funded.
The concept was first (as well as I can tell, anyway) mentioned at Rateladder, who later unveiled a crude Java-based sniping application to prove the concept would work. The java implementation is less than ideal for a number of reasons. Mainly that the bidding variables were hard coded, and also that you would need a Java server to make it work.
The goal of my Prosper Bid Sniper is to continue expanding the concept and to make an application that is usable and actually works. This application provides a web-based interface where the user can create multiple orders. An automated process should then be set up to look for listings closing in the next few minutes and to bid on those loans that match the criteria specified in one of the orders.
The application is written in PHP and requires a MySQL database - both of which are readily available from almost any web hosting provider.
AT THIS STAGE, THIS APPLICATION IS IN BETA AND SHOULD NOT BE USED FOR PLACING REAL BIDS. There are a couple issues that need to be addressed
Download
prosper-bid-sniper-v0.1.zip (1.1 MB)
prosper-bid-sniper-v0.1.tar.gz (1.0 MB)
SVN Access: The latest development version can be checked out from http://svn.odnal.com/prosper_bid_sniper/trunk
Feedback and Development
If you use (or would like to use) this application, please provide feedback by commenting on this page or sending me an email. If you are a developer-type and would like to contribute to the project, I’d be happy to have you tackle something. There is a ‘todo.txt’ file with some known things that need worked on, or feel free to do something else that you have in mind.
[…] project page is at http://odnal.com/prosper-bid-sniper/ with links to download it on that page. There are still a few things that need to be worked out, […]
April 5th, 2008 at 1:24 amHi, looking at your code.
THe install instructions says to “hit install.php in a web browser”
There doesn’t seem to be an install.php in the download?
May 31st, 2008 at 11:41 amIt looks like I need to change ‘install.php’ to ’settings.php’. That is the page where you put in your settings at. I think originally I was going to try to do an install process where it prompted for your database credentials as well, but for now you just put those in the config file directly.
June 1st, 2008 at 12:42 am