Why is gas fee so high?

[popey]

It depends on the price of Ethereum and the network load. If ETH will cost more than $ 2,000, then the commission will be even greater.

[Serenus]

The number of projects on the Ethereum is constantly growing, and it looks like the network is heavily loaded. I hope that this pack of whales is purchased and we will soon see a cryptcurrency flight to the moon.

[tak rogi]

I think for the problem it's possible that the submissions are quick to progress and this will minimize the risk, and this makes the token security when the delivery is done.

[makishart]

I think for the problem it's possible that the submissions are quick to progress and this will minimize the risk, and this makes the token security when the delivery is done.

The problem is there is a new exchange site that has created a new voting system that used ethereum platform to submit their vote through create any transaction. They are in the competition to send more and more transaction anytime and that's the real reason behind that.

[egobit]

Today, the cost of a transaction in the Ethereum network has decreased significantly compared to the previous week, and immediately managers of bounty companies began to distribute coins for the bounty.Much depends on the price of gas.

[cryptodreem]

Yes you are right and exactly that is the reason. The congestion that is overcrowd has made the cost really high and for this the fee is high too.

[Byzantium101]

I think that the Ethereum network is overloaded with too many projects that rely on operation on-chain and is simply not ready for real gas guzzling dapps including games.

[nolestiket]

I came to the purse a lot of different coins for 1-2 tokens. There are rumors that this is a PR of the new stock exchange, I think because of such mailings the cost of the transfer is high

[colenax]

as we know now the gas fee to send of a token is very high. what will be the reason?

they says that the etherium blockchain is congested.

Yes, I hear the current cost of gas has increased.
but I still have not made any trade transactions or moved altcoin on my wallet. I guess this is due to network congestion on the ethereum

[Lucky-marsik]

Recently, the price of gas has not changed, the growth was only when crypto cats came into force. Then the price of the transaction was the horse. Now everything is normal

[Sanderion]

Recently, the price of gas has not changed, the growth was only when crypto cats came into force. Then the price of the transaction was the horse. Now everything is normal

Not certainly in that way. The network is often overloaded during large-scale ICOs or votings. But soon the network comes back to normal, it is necessary to wait a little. At the current price of ETH, the price of one transaction is small, but what will happen when ETH rises in price and the simplest transaction will cost several dollars ...

[Dbigfoot102]

1I have read and heard the same as others in the forum have told. It is because the network had a very high traffic or is congested. And it will take more time to transact with the ethereum platform and because of these it will be hard to mine all. Lesser gas fee will result to your coins getting less or maybe the least prioritize transaction.

[Moolah.lol]

I think this is due to the fact that many market participants buy Ethereum. The price is quite attractive now and if there is a possibility, it is necessary to buy!

[KryptoKai]

It's due to a lack of competition at this particular moment causing too many people to use ethereum. When ICOs start to use NEO or LISK instead then ethereum will calm down and run more smoothly with less projects on it.

[neymarjunior50]

I will not disagree with it completely,  the gas price is quite high even you can't do you transactions if you don't pay high gas fee.  this kinds of situation happens because of many circumstances special for our transaction, but we can hope that It will not last for very long , let's see where situation take us to

[lositech]

The Gas fee was so high because of Fcoin, Fcoin is a Chinese exchanges and they hosted a community vote to list their favorite coins and they are required to send transaction which cause a heavy load on the ethereum network.

[wong tsu gieh]

as we know now the gas fee to send of a token is very high. what will be the reason?

they says that the etherium blockchain is congested.

yes I agree with you because the gas to send tokens is very high hence from nowadays gas becomes expensive, let alone what I see now altcoin price decreased crypto market also not good let alone nowadays more gas becomes expensive all go down and ride simultaneously so from now on many people are confused about getting money from where if all declined

[DiamondsAndCoins]

That spike in the network was insane.  I accidentally put in a transaction at 7gwei and it took 4 days.  She finally got through but I was sweating bullets for those 4 days. 

[Jeffpod]

This was bound to happen with all these new ICO using ETH as base model for all new cryptos.  Soon it will be unusable as fees will be too high. Hopefully they will think of a solution to fix this congestion.

[Jerrycryptofield]

Yes, you are right. The ethereum network is congestive right now. For this reason, the gas price is very high now.