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Author Topic: ETH is finished, etherdelta need set gas price to 60, $1+ for one transaction  (Read 1224 times)
robertchen117 (OP)
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December 08, 2017, 03:22:41 AM
 #1

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction
Teraboy
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December 08, 2017, 04:06:44 AM
 #2

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.
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December 08, 2017, 07:20:57 AM
 #3

I think WAVES is doing DEX very well when it comes to fees
leea-1334
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December 08, 2017, 07:25:13 AM
 #4

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.

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adam1230
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December 08, 2017, 07:26:53 AM
 #5

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.
masijjal
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December 08, 2017, 07:36:51 AM
 #6

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.
jakezyrus
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December 08, 2017, 07:48:36 AM
 #7

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

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

I think WAVES is doing DEX very well when it comes to fees
yeah i totally agree on it. waves is much cheaper and faster without any known problems when compared  to etherium and bitcoin.

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.

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.
Fantum
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December 08, 2017, 07:53:33 AM
 #8

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.
Sniper44
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December 08, 2017, 08:47:30 AM
 #9

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.

to the moon with bitcoin...
Zakhal
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December 08, 2017, 08:54:51 AM
 #10

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.
FBI is the biggest owner of Bitcoin allready and now they want more?
tothetop
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December 08, 2017, 09:17:49 AM
 #11

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 Roll Eyes

topesis
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December 08, 2017, 09:36:04 AM
 #12

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
Makkara
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December 08, 2017, 09:43:35 AM
 #13

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

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minbosen
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December 08, 2017, 09:51:17 AM
 #14

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.
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.


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December 08, 2017, 10:10:35 AM
 #15

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

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December 08, 2017, 10:12:31 AM
 #16

Soon the rage will end and the cat game will become a normal game dont worry
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December 08, 2017, 10:34:57 AM
 #17

$1 is cheap compared to the likes of bitcoin where you are now looking at $20+ on every transaction.
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December 08, 2017, 11:26:20 AM
 #18

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.

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December 08, 2017, 12:31:24 PM
 #19

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.

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December 08, 2017, 01:04:52 PM
 #20

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

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.

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