Bitcoin Forum

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction

That's why majority of people interested to use the centralized exchange site rather than etherdelta because every act on there will cost you the more fees. I was actually moving towards the centralized exchange site rather than use decentralized exchange with ridiculous high fees for every transaction.

I think WAVES is doing DEX very well when it comes to fees

This is why the transaction speed and low cost fees are usually a subjective matter when used to compare against Bitcoin. If an alt ever gets to the type of usage and demand of Bitcoin and ETH, you will see that all alts will have their own scaling issues. At least  Bitcoin and Ethereum are prepared and are constantly working to scale and grow. Can other alts have the same ability in coding and development? Look at Bitcoin Gold and then you have your answer. It is one thing to claim, another thing to do.

there are too many rumors around that bittrexx is under investigation by fbi and fbi asked all IDs of traders.
I hope this is not true FBI want all coins from us this is really stupid.

Transactions in etherdelta are now too expensive, and every movement we make in ED  they charge. So maybe it's time to say good bay with etherdelta , and move to another exchange.

this is just the beggining and soon etherium will follow the footsteps of bitcoin which is higher fees for every  single transactions.

yeah i totally agree on it. waves is much cheaper and faster without any known problems when compared  to etherium and bitcoin.


yeah your right. most people including me are always prefer the other centralized exchange when compare to the ether delta's centralized exchange in order for us to avoid high transaction fees but even if etherdelta is decentralized and has a lower fees i wont still use it because it is crappy, buggy and really really slow to load its web pages. i think the main reason why etherdelta is verry slow it is because more people are using it due to the fact that it is the only one exchange that supports all kinds of tokens/coins whether it is  new or old.

This is a lot of FUD. Remember why you got into Eth in the first place. Also Eth is still new and growing. I recommend reading some threads like this on the eth reddit https://www.reddit.com/r/ethereum/comments/7i56zl/can_someone_tell_me_how_the_cat_problem_is_a/
Ethereum is still close to the all time high and everything but bitcoin is taking a beating right now.

Look at Bitcoin transactions, it's way worse, and it's been around much longer. There is probably many people not moving their bitcoin until they can use the lightning network because right now there is just no point.

transaction fees for ethereum have always been like this because ethereum is a broken altcoin with a lot of bugs. a couple of months ago it went up as high as $2.5 and nobody cared because everyone including the whales controlling the price are on centralized exchanges like poloniex and are manipulating the price there. they don't even make a translation in their whole lives apart from cashing out the bitcoin profit or USD profit they gain from pumping it.

it will die in long run though. you can't have an altcoin like this and survive while other platforms like Waves exist and have no issue like this.

FBI is the biggest owner of Bitcoin allready and now they want more?

EtherDelta causes a lot of criticism, but there is an opportunity to make a profit, so we have to put up with all the shortcomings if we want to earn more..
And of course, sometimes we lose our money in this world, what can we do with that ::)

I think this is ridiculous, I was just getting use to using EtherDelta after the Bittrex thing, but that is too high for a transaction, I think most of these developers are now seen that they are hypocrite with their attack on BTC when the transaction went up

finished is a big word, i'm sure they will find a solution and ETH will come out again even stronger than before  8)

I have also heard that rumor, and I have transfer alomst all my asset to binnace since I do not know if it is true. I hope it is just a rumor, or it will be a big hit on the crypto world.

Waves dex's fee is definitely cheaper but the volume is low and there's only a few selection of token to be traded. I thought etherdelta will be a great exchange after Byzantium fork but it only last for 2 months before it fall again at the hand of kitties. They will be fine though if the network is normal again so it always depends on how ethereum will solve this problem.

Soon the rage will end and the cat game will become a normal game dont worry

$1 is cheap compared to the likes of bitcoin where you are now looking at $20+ on every transaction.

there is a big problem on ethereum network but i think they will find a solution soon. There are 24k pendinding transactions. I dont think its about price but about network and they say its about CryptoKitties. ( http://www.bbc.com/news/technology-42237162 )

They must find a solution than eth price will hit 0.07 btc . Its better now to wait but when solution comes to true than better to buy eth.

I don't think it's finished, but it's definitely funny considering all the ETH heads were laughing when bitcoins fees went up. Until there's lightening/raiden, all blockchains have the same fete. That's why IOTA is surging.

60 gwei? Why so high? Yesterday i set 15 and it confirmed in 1.5 hours.
I think also bad thing happen because of the cat application.

1.5 hours too much for one transaction, if you are a trader, cryptokitties greatly complicated the process of speculation, and it became not profitable to conduct small transactions

How about selling a 2$ worth of coin in ED? So you will only get half of it. well, anyway, you gotta make sure to make big transactions rather than doing the other one. I think, 1$ is quite cheap if you do big transactions plus, there are lots of altcoins available for trading there.

Eth will never end it will continue his way up instead. How can an a number2 crypto be done.

I hope it will be fixed soon. Ethereum foundation should be in a brainstorm now for sure. It's a very pity example how the only one app could kill the whole network...

That is why it is best to invest in alternatives to ethereum such as LISK and NEO where these problems will be solved. When their competitors really start to deliver in 2018 Eth may fall as the others start to rise. Unless Buterin can find a way to sort it all

Ethereum is getting punched by one project and they are not taking enough measures to prevent it. Most of the ICOs are dependent on the Ethereum Network and all of them are getting stagnant due to this kitty project.

They have to expend the transactions and  

Time will tell if all this slowness is a fundamental design flaw in Ethereum that some
other platform may be better at handling.

This cryptokitties makes delta to slow its transactions and needed high gas to process. It will cost us more than 50gas every transactions and it not wiseable to do this. I just hope they will do something about this due to more complaint from the users.

Etherdelta has been mostly unusable last week. My last couple of transactions timed out after hours
and somehow still charged me transaction fees. Not using it until fees and times become normal.

Etherdelta is sucks right now due to the dumb game and wanting to increase the gas price and im using 21 gwei right now result you need .01 in your wallet to easily transact all your eth or tokens

Etherdelta and Ethereum network seem to be normal today evening. I used 15 GWEI
for one transaction and it finished in under 10 minutes.

i think it is better for ED to make fees more inorder to avoid lots of orders in the market in more and more scam tokens coming. ED is decentralized platform, it is reasonable to put order in big order to avoid more fees.

Yeah I hope so. Using Etherelta is a pain in the ass at the moment but I don't want to switch back to the centralized scam marketplaces (remember Mt. Gox?). I hope they find a way to scale up. Since a few weeks these crypto kitty players are spamming the ETH blockchain.

Of a truth this is going to kill most of the new ethereum tokens. Most of them are not listing their token on big exchange until first three to four months and depend on etherdelta to sell their tokens. I think the increase in fees or gas is going to drive traders to put there investment in a centralized exchangers. I was happy seeing what etherdelta was doing but later could not really use them as most of the token I am holding get dump before I send them.

You cannot start comparing yet as you cannot compare the level of usage and transactions going on within the two projects. Waves seems promising but only time will tell if there could still be some issues that would need to be fixed once they start receiving huge recognition the way Ethereum is.

People said a lot of negative things and compared Ethereum with bitcoin in the past and how Ethereum can never get congested or have a huge transaction fee, but hey! It has just happened.

So what's the correct gasprice to set in order to operate normally in Etherdelta? 15 or more? Or is it better to wait and not operate?

You cannot blame EtherDelta for the Ethereum network that is congested. Etherdelta is just a decentralized exchange and without doing that, transactions will get stucked. It is just better to move to a centralized exchange for now, as that is the only way you can at least get to do your trading, without network charges and just the platform trading commissions.

But I just wonder why OP is not considering bitcoin's tx fees as optimal BTC tx fees are around $35 compared to mentioned $1 of gas for eth transactions.

I dont use anymore EtherDelta at the moment. I neighter want to pay much for the transaction, that still are frequent when I trade on EtherDelta, nor do I have the time to wait for several hours to make my trades. But I think this will settle again soon and Ethereum will get back to normal mode, with modest transaction fees and fast processing.

I dont think that this is the end of Ethereum, not in the slightest. It just shows us where the network has to work on!

This is a problem so many blockchain coins have, and there is no clear solution for it yet.
I think the whole idea of limited blocksize is so foolish, especially for a platform like ethereum which has so many Dapps transacting on it.
The block size needs to be unlimited or increase in size over time to allow for the growing market.

Is the reason for limited block size to do with miners or the developers?

From my knowledge of the blockchain it is miners who want block size to remain small as it creates competition for block space and as a result they are offered more on average per transaction.

Miners or the developers on behalf of miners need to make a consensus that allowing larger or unlimited block size with small transaction fees would allow usage to scale and ensure longevity in the market.

I think you should try again.
Etherdelta is back to semi-normal. Today my transactions was filled in matter of minutes with 11-15 gas. It's still expensive but at least is 5 times lower than 60.

Agreed, I dont use at the moment, but I also chatted with some guys on TG that told me that everything is working fine again. A bit slower than normal (which could be considered very slow, because ED is slow anyways) but its working at least with okayish transaction prices.

Do you see the balance of the etherium and tokens in etherdelta? I have only ??? signs. This is normal?

I think your point is well delivered. If there is a pattern as mentioned in the scenario above, it would safe to say that our investments in new platform projects had just received a new sparkle of life.
With Bitcoin is now somewhere near Mars, Ethereum is reaching for the moon, Waves could be the next major player in town. And when Waves skyrockets as well, we might be discussing about another affordable and more effective platform.
 :D :D Time to launch new project is now!!

CryptoKitties are killing the ethereum network. I was on etherdelta for over 8 hours today trying to make some simple transaction but it is not working at all. Gas price 4 Gwei is not working, you have to put 100 Gwei (about $10-12) for the simple transaction to take place. 

This was a one off thing and still $1 transactions with ETH is far superior to many other coins, bitcoin transactions are far more expensive than those of ethereum and no one is saying that it is finished. Not to mention that when the improvements come to ETH within the next year or so then it should be almost infinitely scalible and have very low fees.

Seriously you were complaining for a fee of one dollar?


Etherdelta is working fine for me, only that it is bugged as hell, i can not even buy a single coin because they are giving me a lot of errors at the same time.


Everything is fixed now, a few hours ago i received 0.15 ethereums to my wallet and the guy only paid $0,45 of fees only for that transaction.

Eth is not finished. One dollar is not big thing if can earn at least $20 or 50 in each transaction.
Now we have to care about another cat application that may made from eth again to prevent such this thing happen.

Sometimes I see etherdelta charges fee about $1 with 10-15 gwei. How is that possible? 10-15 gwei shouldn't make that much fee as far as I know from my previous experience. I can't understand this.

That's so expensive for me, I only set my gas to 8 or 11, it has delays but not to long. I regret, I spent 35 gwei on my transactions last week, I didn't know everything about gas, because its my first time trading in etherdelta, I did'nt know that setting it to only 8 is enough.

Looks the network back again. The congestion alreayd ended and those etherdelta users can decrease their gwei again and then try to use etherdelta with cheap fees. People are moving towards another trend soon. Looks there are so many transaction in etherdelta by use 4 gwei as the fees.

I had already realized those huge fees for which I have practically stopped using etherdelta, unless I receive a token that generates at least enough profits to make it worthwhile to spend my ethers paying those high fees.

Good news, then I`ll try to trade there again. I hope that the problems of ETH blockchain will be fixed when they will switch to the POS algorythm

Current ETH transactions costs and time are really annoying.
This is because of that Crypto Kitten hype. ETH dev Vitalik Buterin said that stuff like this a reflection of the world we are living in and that ETH was not invented for gadget games like this: https://twitter.com/vitalikbuterin/status/939285774498803712