Eth fees are up 7000 percent

[romeo88]

I moved a few of my tokens and I lost over $ 2 gas. (gwei 100). omg too expensive, does this have to be long?

[sanacaks]

There must be some technical solution needs to be find for ETH gas prise, ICO's always try to send the airdrops when the gas prize is low and that is normal. But blockchain tecnologies one of the best adventages is lower transaction costs. I bealive ETh team will find an easy solution soon.

[so_stupid]

it is very bad that by several large distributions the load on the network increases to unprecedented values. A fee of 100 Gwei should make Vitalik think 

[Hecquyn]

I still believe in ETH. There are a lot of bottlenecks, but this will be handled in the near future.

[jamesashmore1964]

This is one of the weaknesses of Ethereum, a kitties game and an exchange with an extravagant idea are enough to congest the network causing problems that affect not only the fees but also the ICOs operation. I guess this will be something good for their competitors since many ICOs will consider using other platforms in the future.

ya, ethereum dev must solve this issue, current ethereum platform can't handle a lot of transaction in same time, more than 50 gwei per transaction right now, their competitors will replace ethereum become top 2 cryptocurrency in the future if ethereum don't solve the problem

Correct. The founder needs to concentrate on the many shortcomings of ETH

[NaXxow]

That is why ethereum is developing and evolving as the demands also grow. Ethereum has already shown its dominance in terms of smart contract. I believe that ETH is more powerful than any other copycats out there.

[Rosa Paula]

the charges are genuinely unfathomable. I saw the graph and there were huge (for eth) expenses in January 2018, however the second of July's charges beat that record with a normal cost of in excess of 5 dollars. The present charges, despite the fact that still high, are around 3 dollars. We are currently encountering a really one of a kind circumstance of btc's charges being a ton lower than eth's (btc's expenses are around 4 times lower than those of eth today). The costs are still terrible, so I trust individuals will quiet down and the expenses will in the long run return to ordinary.

[chankyleer]

One of the most important factors of the crypto money world is mining. There is a problem in the ethereum network and it must be removed as soon as possible. Otherwise, all crypto money markets will be badly affected.

[sanacaks]

I think gas problem has been finished for now but what I am wondering what will be the next step for ETH for preventing high gas fees? There is a lot rumors that one of the reason of this issue is distribution of some huge quantity airdrops. As we all know day buy day we see more airdrops that means more transaction. So what will be the next?

[spngebob]

That was expected to see, more airdrops, more tokens, more transactions and ethereum network will be overloaded. Last time this occur was when cryptokitties were launched.
Something has to change in technology or we will often see this.

[xOdiumNostrumx]

It was indeed painful to witness those high fees and not only for couple of moments, it lasted for quite a while. Even when I set gwei price to 60 it took the transaction more than half an hour to arrive. Glad to see that things are in the process of normalizing already.

[que91]

Anyone know reason for this case? I don't really know why and I only realized it until I made a transaction on ETH blockchain, I set 40 for gas but it's hours until now but my transaction doesn't get any confirm yet. I don't see any kind of problem like this before. Is it a bad signal about ETH blockchain or not? ETH blockchain is too old for this world?

[peterpan19z99]

We should be patient with the coin that we invest. If the market condition goes wrong, we must support ethereum. I solely believe that the long term investments are always beneficial and we must hodl our coins when needed.

[coin-investor]

So far it's not making any huge dip in the price ethereum, there should be fix on this, so investors will not lose their trust on ethereum, I still believe on this token, a lot of projects depends on ethereum network and many more ICO will be based on Ethereum because of easiness of use.

[xiaoY]

I’m not sure why people complain about ethereum fees, even if it goes up 10,000% it is still cheap compared to the amount charged by other exchanges

No matter how high the Gwei is, your total sending fees is less than 2$
Now tell me that exchange that charges 2$

Simply concentrate on your trades and ignore post increase in the forum

It’s too right to say that the fuel cost of Ethereum is no more expensive than the trading platform! In fact, the increase in fees does not have much impact on our small investors. If one day you have 100 ETH, you will feel what is "the fuel cost is too expensive"!

[Psychee]

no, it's not exactly I do not believe you, let's get into the crypto project Socratus

[adiebitsler]

I’m not sure why people complain about ethereum fees, even if it goes up 10,000% it is still cheap compared to the amount charged by other exchanges

No matter how high the Gwei is, your total sending fees is less than 2$
Now tell me that exchange that charges 2$

Simply concentrate on your trades and ignore post increase in the forum

It’s too right to say that the fuel cost of Ethereum is no more expensive than the trading platform! In fact, the increase in fees does not have much impact on our small investors. If one day you have 100 ETH, you will feel what is "the fuel cost is too expensive"!

the cost required now is too high for the small holders of ethereum. true when having a lot of amount is not too important

[banksaredead]

Vitalik needs to solve this problem ASAP, this is a disaster for Ethereum

[seyola89]

This is not a new thing. Eth txn fees goes up and down and sometimes gets to it peak. With time, it will settle again and be reduced. It seems some people or projects also deliberately try to overload the network for third selfish reasons or advantage. Thus should be one of the issues ethereum devs should look into resolving.

[rufus59]

The situation has being fixed now; I heard that it was the fcoin business model that was causing the congestion on ethereum network