mohammed7777 (OP)
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August 22, 2020, 06:46:22 AM |
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Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,
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"You Asked For Change, We Gave You Coins" -- casascius
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Amman MD321
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August 22, 2020, 06:56:42 AM |
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Yes in case the 2016 -2017 the ETH will be very some incredible in the price that time will be gas fee will be very degrees, But the 2020 the ETH all so incredible but now day gas fee will be very high incresd theis main cause to ETH when the gas fee will be degrees that time the all transactions will be perfect to that all cryptography hunter 🙂
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GWS My Boy
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August 22, 2020, 06:57:27 AM |
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I remember that in that year, Ethereum prices could skyrocket but not for now the price has fallen again at high GAS costs if this situation continues
I'm sure ethereum prices will come back down again until the lowest price
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Reid
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August 22, 2020, 07:53:39 AM |
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Hopefully, it will.
Eth 2.0 though is still a risk.
We don't really know how much it will affect the value of it.
A chance of investors selling at that point if ever they see a big wave of dump will come. It is possible.
We can see all this pumps from the preparation of staking but what if they don't see good returns?
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foxy
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August 22, 2020, 08:05:26 AM |
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Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,
One of the ETHs biggest drawbacks is it's not that scalable and, because of that when new waves of users come into ETH the network gets overcrowded which results in high gas fees same will happen again as we get to closer to the release and the price spikes. I hope ETH will once again show us the run as it did back in 2017 but, at the same time gas fee needs to cool down too. |
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b1k4ng
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August 22, 2020, 08:15:37 AM |
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I remember that in that year, Ethereum prices could skyrocket but not for now the price has fallen again at high GAS costs if this situation continues
I'm sure ethereum prices will come back down again until the lowest price
And it is now evident, in just days the ethereum price which was previously above $ 400 is now back below $ 400. this problem that ethereum hasn't solved, I just hope gas can be more controlled so that the price can pump |
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samuraijin
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Vave.com - Crypto Casino
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August 22, 2020, 08:25:31 AM |
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the problem has not been solved by the Ethereum side because of the high cost of gas, just in my opinion maybe the only solution that the most awaited maybe with the coming of ETH 2.0 will solve the problem of gas costs, we see 2016 and 2017 are the years where the price of ETH is really crazy if Ethereum wants to repeat the same moment this year they will at least launch ETH 2.0 next year
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so98nn
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August 22, 2020, 08:51:34 AM |
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Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,
Fees are high but as long as the assets start to move upwards with good returns then fees won't matter. 2017 was golden era for almost all the shitcoins because mother bitcoin recklessly gone off the chart that time. This created the surge in all of them and made them go ATH. It's dream for everyone that whole crypto assets will show same era one more time. Honestly this time it will be far more stable and for longer duration. So yeah, ETH going that level again is good chance for ROI. |
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Akiko
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August 22, 2020, 08:58:27 AM |
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I remember that in that year, Ethereum prices could skyrocket but not for now the price has fallen again at high GAS costs if this situation continues
I'm sure ethereum prices will come back down again until the lowest price
And it is now evident, in just days the ethereum price which was previously above $ 400 is now back below $ 400. this problem that ethereum hasn't solved, I just hope gas can be more controlled so that the price can pump I don't have any idea why the fees always increase every time when the price always goesup same thing with bitcoin . But with bear market we can use small fees for every transaction ,is the miners controlled the price of fees/gas or any other reasons why its always increase every time that its also increase its price. |
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ilovealtcoins
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SmartFi - EARN, LEND & TRADE
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August 22, 2020, 09:10:45 AM |
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The cost of an ETH transaction is currently very high and the smart contracts related to ETH are very high around $ 6-20. I think there needs to be a solution to reduce transaction fees because that is not reasonable. The cost of sending ETH is higher than bitcoin. Currently, the value of ETH is around $ 400, I don't think their value will increase if the gas cost is so high.
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semobo
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August 22, 2020, 09:20:48 AM |
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Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,
Price increase = number of transaction increase = increase in the gas fee The price of ethereum won't be increased if more people are not buying it so its not really a big issue and the fee is never going to stay high forever, it will change. |
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ife2020
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Are you kind to your neighbor? Think it through
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August 22, 2020, 09:23:45 AM |
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Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,
Either expensive or cheap, either the gas fee was expensive or cheap as well, remembering the then price of etherum or etherum transactions fees should not be thr basis of an investor. Instead an investor is supposed to remember how much profits, losses, and improvements made from past market prices, not just remembering the prices |
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NavI_027
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August 22, 2020, 09:53:17 AM |
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I don't have any idea why the fees always increase every time when the price always goesup same thing with bitcoin . But with bear market we can use small fees for every transaction ,is the miners controlled the price of fees/gas or any other reasons why its always increase every time that its also increase its price.
That is it! Crypto's price is directly proportional on its transaction fee. When there is huge increase of transactions happening on the network, it gets busier. That's why you need to pay higher fees to ensure that your own transaction is prioritized (in other words, you will be able to finish it as soon as possible). I'm sure you don't want to spend the rest of your day waiting for your miney to come inside your wallet, right  ? Because that feeling is so annoying to be honest, you might think that your money go somewhere already or there's an error or whatsoever hahaha. |
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timmmers
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August 22, 2020, 10:07:47 AM |
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This is caused by the high interest of investors, they want to accumulate as many ETHs as possible before staking happens. Staking will not be for everyone, only for those who have at least 32 ETHs, and that is not a small amount, currently around 12 000USD to qualify for passive income.
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Johnyz
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August 22, 2020, 10:26:27 AM |
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As I can see on history, the price of ETH pumped that high but the fees are also pumped that much considering that this is a cryptocurrency, and now we saw it from the previous pumped. Well, I came here on early 2018 with less experience that time so I think I just trade ETH that time without worrying about the fees or what because of my limited knowledge, but right now the fess is not a joke anymore. ETH should work on this, and the fees should not follow the price surge.
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tabas
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August 22, 2020, 10:59:34 AM |
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It is high due to the high volume and demand for Ethereum. Remember the cryptokitties and icos before? they've made the fees of ethereum high.
Let those people that only look to the new projects, it's their type of investment and it's their money that flows in there.
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chanc3r
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August 22, 2020, 11:27:34 AM |
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Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,
At that time people were buying based on the hype that has already gotten by ethereum and there was a lot of changes after 2019 when people started to realize if the product is everything and they were buying when ethereum has been releasing a very good update like the transition to the POS system. |
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cryptomaniac_xxx
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August 22, 2020, 11:28:30 AM |
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Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,
Yes, ETH is really good around the bull market in 2017, and who would forget about the so called Flippening? I think there's some correlation, when the price increase there are more traders doing transactions so the gas fees increases, just like in bitcoin. So you have to check the fees first before doing any transaction. As for the solution, I think it will be covered by Eth2.0's EIP-1559. |
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pallang
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August 22, 2020, 11:35:24 AM |
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It is high due to the high volume and demand for Ethereum. Remember the cryptokitties and icos before? they've made the fees of ethereum high.
Let those people that only look to the new projects, it's their type of investment and it's their money that flows in there.
Thats right if the demand of an altcoin is high for sure the price will go up thats what happen to eth on that year. But that pump only lasted for days then eth suddenly goes down. |
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Arkann
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August 22, 2020, 11:44:48 AM |
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This is caused by the high interest of investors, they want to accumulate as many ETHs as possible before staking happens. Staking will not be for everyone, only for those who have at least 32 ETHs, and that is not a small amount, currently around 12 000USD to qualify for passive income.
I, too, am of the opinion that the Ethereum 2.0 update will bring quite a lot of benefits for Ethereum owners. In addition, you need to take into account the fact that passive income from staking Ethereum will primarily depend on the value of the coin in the cryptocurrency market. But since a large volume of coins will be concentrated on the wallets of the owners, the shortage of ETH in the market will in any case provoke an increase in its value. |
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