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Topic: Gas price (Read 1694 times)
stefany101
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Re: Gas price
September 19, 2018, 10:52:56 AM
#81
Quote from: Donovan XXL on May 15, 2018, 10:36:23 AM
Any reason for the Ethereum gas price being so high lately?
I think the reason of it is the pending transactions in ethereum blockchain that's why it causes traffic and it affects the price of the gas price. But we can still adjust the gas price or gwei everytime we make transactions according to the time of requests we want to be.
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nameforcoin
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Re: Gas price
September 19, 2018, 10:55:15 AM
#82
Usually if gas price is high, it because the network is too loaded. In that case you will be forced to increase payment for transactions that it took place quicker than the others or you should wait long the in line.
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damsix
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Re: Gas price
October 08, 2018, 12:45:16 AM
#83
Quote from: Donovan XXL on May 15, 2018, 10:36:23 AM
Any reason for the Ethereum gas price being so high lately?
Because the fans also want to feel the results.
Just look at how the way Bitcoin works, the less Bitcoin is mined and the more expensive the cost of Bitcoin is because the less paid for miners.
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gamesoflife
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Re: Gas price
November 24, 2018, 10:24:11 PM
#84
I think because of network is very load ed, and have to pay more gas for tokens than for sending ETH
jpaul
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Re: Gas price
December 11, 2018, 04:59:21 PM
#85
Quote from: Donovan XXL on May 15, 2018, 10:36:23 AM
Any reason for the Ethereum gas price being so high lately?
Mostly when you see that the gas price goes up you just know that there is an increased number of transactions on the blockchain and the transactions with the highest gas price always get mined first. You can always just use the normal gas price that you use, you just have to be willing to wait for a little longer for the transaction to be confirmed on the blockchain
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Re: Gas price
December 12, 2018, 10:44:43 AM
#86
Quote from: Donovan XXL on May 15, 2018, 10:36:23 AM
Any reason for the Ethereum gas price being so high lately?
I think they highly in gas price because the eth right now was really suffered with a lowering it's value that makes them higher the gas transaction.
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