New feature: API bidding

What does this mean? Well Prosper is now allowing to bid through API. I will be implementing a new application that works in conjunction with the current extension to IE. This new app will run as a Windows's service and place bids on listings you identify a few minutes prior to the listing end time. Thus ensuring that you will not be outbid, preventing your bid from causing the rate to bid down, keeping your money from being tied up for 7 days.

You will be able to specify your rate limits and amount to bid.

Now that you have read this, please go back to the Prosper forums and leave comments. I'm interested in how useful this feature would be.