Ethereum fees are crazy...

[bitcoinsvrocks]

Someone knows if with ETH 2.0 this fee problem will be solved?

[studio1one]

Ethereum fees are going through the roof all thanks to the Uniswap's airdrop right now would be the best time to start mining ETH I think because I read in some article that miners made $5M in just an hour.

[sulendra12]

It's because the DeFi hype, also because of the UNI airdrop and Yearn Finance which really blowing up right now that makes the eth fee is going wild. I mean, we had this kind of situation in 2017 but instead it's both Bitcoin and Ethereum who had the craziest fees all the time. This hype would continue in next few months so prepare yourself.

[Kunnu]

The gas price is increasing rapidly it has became a nightmare for me and probably many of us hopefully it won't be so long anyways I am desperately waiting for eth 2.0 and expecting that after the network upgrade we won't face these kind of high gas fee problems anymore but for now we have to deal with the situations.

[SquirrelJulietGarden]

ETH/ERC20 - Check and select good Gas price
[GAS Price Aggregator] How to find the optimal gas price

Fee is falling as shown by:
https://ethgasstation.info/calculatorTxV.php
https://etherscan.io/gastracker

It is lower (4 times than one week ago). If you are in hurry to sell your tokens (fear of its fall in short time), or buy potential tokens, you can accept high fees. I don't go with high fee.

[fauzan123]

many users of the ethereum platform have complained about this unreasonable cost of GAS, I think long when transacting using the etehreum platform
didn't know this problem would end for example this problem persists, I am afraid that many will leave the ethereum platform, including me

[bitcoinisbest]

many users of the ethereum platform have complained about this unreasonable cost of GAS, I think long when transacting using the etehreum platform
didn't know this problem would end for example this problem persists, I am afraid that many will leave the ethereum platform, including me

If this way the fees continues to be high only then quite a lot of people will refrain from using ETH and may switch to another altcoin and this would not mean anything good to ETH. For a certain time, it was fine but just continuing this for long worries me more as the demand may fall and this will lead to drop in price as well.

[Yey09]

These fees are here to stay and we coudn't do anything about it, unfortunately. When defi hype will ends or when eth 2.0 will be released fees will normalize

[mirgo1791]

with different choice as trader works on customs with the crypto finance banking, there must be shifts with distance on comparison as trader might have with distinctive on personal qualification as appeals with uses of 1 or more on reference as defining one of decision.

[aryana42]

Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in  a near future can be lowered?...

For the fees that are currently occurring on the ETH platform are indeed very expensive and there are some people who say that this is due to the unfinished development of ETH 2.0 which makes the existing gwei on the ERC20 smart contrac unstable and tends to be very expensive, meaning we can conclude that after ETH 2.0 is successfully developed, the gwei on the ETH platform will decline and be stable as we have seen in the past.

[shoreno]

Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in  a near future can be lowered?...

For the fees that are currently occurring on the ETH platform are indeed very expensive and there are some people who say that this is due to the unfinished development of ETH 2.0 which makes the existing gwei on the ERC20 smart contrac unstable and tends to be very expensive, meaning we can conclude that after ETH 2.0 is successfully developed, the gwei on the ETH platform will decline and be stable as we have seen in the past.

thats possible . development of the current project can sometimes affect its performance , i experience that before mostly on the websites and on the applications but not on the crypto coins  but who knows ? maybe this is the first time  , add in the eth value and the new alts/tokens that can also be used as a lead to the outrageous fees going on eth .

  i have an idea , what if platforms offers a cashback for every eth related transactions . in that way we can reduced the expensive fee that we are using  .

[mr.smith]

These fees are here to stay and we coudn't do anything about it, unfortunately. When defi hype will ends or when eth 2.0 will be released fees will normalize

I don
t think the DeFi hype will not stop and it will continue because there's already a market for DeFi it will continue until the developers of Ethereum come up with a fix on their network but for now we just have to look for alternatives like Tron other coins like Litecoin or Doge, these coins are my alternatives.

[Renampun]

Ethereum's gas fee increase occurred because of HYPE on DeFi...
but of course, the fee changes continuously and fluctuates. Currently the gas price is around $ 0.89 [low], $ 1.09 [medium] and $ 1.31 [high].

[xZork]

Yes of course, GAS fee make me crazy....
But, if we have token or coin with high values maybe this fee its ok.

And i don't know why this fee very high right know. Maybe anyone can explain me ?

The problem is that not everyone has a large amount of capital to be able to withstand such gas charges. There are a lot of small investors in the market and it is difficult for them to pay such a large fee.
This also makes it difficult for bounty hunters, some bounty projects only pay bounty hunters a very small amount, if they deposit tokens on exchanges for such a fee they have nothing left.

[xOdiumNostrumx]

Yesterday I wanted to convert around 1800 Lina token to Ethereum through uniswap and the swap fee on uni swap was about 0.1 ETh 

I really avoid using uniswap , the fee of swapping in it is too hight , that is why I sent to some CEX and changed it there to Ethereum .

Stake Lina, dont dump it But seriously, the ETH network has been congested for the past few months and I doubt that it will clear itself anytime soon. Weeks ago the whole yield farming scene was to blame for such high fees, now is the UNI airdrop/trading insanity, and a week from now something new will come along and wreck the network again.

[Davian144]

Fees crazy and so many failed/pending transaction when you input your gas below 700 gwei, i dont think its not good for future of DEFI because newbie like me dont have ether to cover transaction in Uniswap

Actually it was not the work of DeFi, but the act of the Ethereum platform whose gwei costs suddenly increased until it was not controlled by the owner itself, and this is a lot of reason because the development of ETH 2.0 is still not finished until now.

[Hypnosis00]

Someone knows if with ETH 2.0 this fee problem will be solved?

When the network traffic slows down but nobody knows exactly when.

But the good thing is that, gas fees back to normal again and you can set it to the minimum gas fee. But of course, there is no instant confirmation to happen the same thing as of before, only a thing that small fees could still be confirmed not quite long compared in the past days.
You can check it
https://etherscan.io/gasTracker

[pankaj1234]

Once upon a time when Ethereum fees are too low that anybody can transact even 1 dollar worth coin to another wallet or exchange but These days oh my god Ethereum fees are the only boss in this world. Almost many bounties and airdrop payment are pending due to this high transaction cost. Anybody don't know when will it come down or might go even bigger transaction fees then this. Looking at eth price it is not going to end early so just see what happen next.

[kokilpakhi]

Ethereum fees are too crazy, Because of high gas fee.
I think it will be lower. when ethereum 2.0 will start.
waiting for 2.0

[nykka]

This year there were big problems with fees on ethereum blockchain, but some time ago there were improvements. Nontheless last airdrop on Uniswap aggravated situation and fees are higher and higher. Scalabiltity still is weak side of cryptocurrency and updates are necessary to make things better