Ethereum fees are crazy...

[devil2man]

In part the high fees of etherum transactions are the consequence of the absurd claims of the mimers and in part to the enormous development of the various defi sites that have caused the network, the blockchain to become congested

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[btc-facebook]

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?...

Since the past, ethereum transaction fees will be expensive when the ethereum network traffic is heavy, you will have to wait a while until the gas fees drop, it usually takes a few days depending on how busy the Ethereum network traffic is at the time.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.

But this is the first time that it happens,this very High fees in which almost everyone reacted things that is not happen from the past.
But lets see if this will happen more in the sooner days as the Bull run near to come.

How do you know it happened this first time? when the end of 2017 bullish ethereum gas costs rose and a lot of people complained about it,
In fact, the rise in ethereum gas a few days ago is something that is unusual, because the market is not in a bullish trend.
when the bulls occur in 2021, I believe Ethereum gas will rise higher, the same as during the bullish trend at the end of 2017.

[Republikcoin.com]

a while ago, i made a transaction for about $ 23 via MEW. I did not think that the fee for that was about 0.01 eth, or at that time around $ 7. Well, after that time, I really liked paying attention to the gas on ethereum. well, maybe for now I need to refrain from doing ethereum transactions because the fees paid are really large. well, besides that many payments have stopped because of this. I hope this is all back to normal.

[South Park]

This high Ethereum cost will probably continue as long as this defi trend lasts, is it okay for us to accept this situation, hopefully the team will think about this soon or at least in version 2.0 later the transaction costs will be lower and the speed will be even more maximal so that eth remains in second position after btc.

Which brings the question, for how long this DeFi hype can continue? It is obvious we are now suffering from stagnation in the market and its meteoric rise has stopped but still the high prices for ethereum seems to suggest there is still some strength left, but can this continue when hackers are taking advantage every day of newbie investors and their lack of knowledge about the markets? Because I really doubt it and when that happens the price of ethereum will crash really hard.

[ameliana]

yes, the current rise in ethereum gas costs looks crazy. I even tried to exchange coins for a higher percentage of gas fees when compared to the sale value of the Coins. and it made me hold off on exchanging coins for now. I'm still waiting for Ehereum's gas costs to come down.

[hakertajniak]

Actually, it is not too crazy for now, only 66 gwei average per transaction.
If your transaction is not too urgent, you can wait some time for the lower gas fee in ethereum blockchain.
The gas fee will be very high if the network is very busy with many transactions using high gas fee, but not all of the time.

[Igor17Krik]

The crazy cost of transactions is causing many to ditch the ETH blockchain. If we do not see any changes in the ETH network in the near future, then we risk saying goodbye and looking for an alternative blockchain.

[vermigerous]

It's normal thing that the ethereum's Gas price or Gwei would reach that high amount since ethereum now dominates in the market. As the ethereum's price goes up, also the Gas price for it's transaction will undoubtedly go up also. We just hope that this would be normalised again soon enough and get back into a lower Gas price transactions or Gwei.

[fuer44]

cheaper? maybe it will be more expensive. Just look at how the crypto industry is developing, especially this new DeFi project. With so many using etherum smart contracts, and an increase in transactions, the likelihood will go up. but it must be reduced, so that etherum users do not move to other coins for investment or trading assets.

[nomenclatur]

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?...

gas cost fee-eth is increasingly expensive, you can see the transaction so dense in blockchain eth I really can not understand this year fee of gas continues to rise due to transactions in uniswap exchange really have made gas prices eth unstable every minute of the price of gas is always changing things like this that make the gas getting up I think if transactions continue dense then the price will continue to rise.

[Banulit]

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?...

Many of us crypto enthuasiasts are also experiencing that dilemma  of having a very hig gas price and ethereum transaction fee for over a long time now and I think the developer of this blockchain need to fix this problem because if this will continue many crypto people will definitely change to a less expensive blockchain and more convenient as well.

[TaliskerDarkStorm]

Yeah that's true and unacceptable. Ethereum needs to solve the scalability problem with Ethereum 2.0

Otherwise, we need to assess other options like Polkadot etc which I do not prefer to.

[assa1979]

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?...

Well,  one week later you can send eth for less than $1,00 or something around this number.
Its all was about UNI airdrop and hopefully eth can maintain such fees as they're now

[max6575]

with different offers on wallet service provider, users of the token or investors to manage with least following uses with the limitation on barriers as users to work with distinct on customs as managing with appeals on possession of resource with chance as entering business.

[carlisle1]

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?...

I also experience that one and I think if this will continue to happen many crypto enthusiasts whose using ethereuem blockchain will change into a blockchain that is more affordable for them and it will be a very big problem and lost for the developer of ethereum if they will not make a development or if they will not fix this kind of problem that we are facing.

changing blockchain is normal because ths will not affect your trading history since the Block that you are usually using has increase in fees.
But this doesnt mean it will be permanent since you can just go back again after the fees lowered again.
EThereum gas fee have just increased this time that high meaning it is peanut compared to Bitcoin that always has this same increase right?

[HK88]

if I'm not mistaken, it's probably Because of the DeFi hype & also because of the UNI airdrop that's currently exploding & impacting the cost of ETH gas going wild. I mean, but I think this Hype will continue in the next few months so brace yourself.

[gwapoinside2]

The development with the ethereum platform is pushing its transaction price to soar. Becoming even more than the price during the 2017 bull run. Hopefully, this will be addressed in the upcoming update in the platform as this makes it hard for small-time traders and investors to keep up with the transaction price.

[Fredomago]

The development with the ethereum platform is pushing its transaction price to soar. Becoming even more than the price during the 2017 bull run.

With more end users who uses the chain miners have best options to pick those who are willing to pay much higher fees
to make much quicker transactions, congestions really makes it tough for small transaction to push as they needed to
wait for miners to process the request.

Hopefully, this will be addressed in the upcoming update in the platform as this makes it hard for small-time traders and investors to keep up with the transaction price.

Yeah right, this upcoming updates hopefully gives some shed for small traders providing much lesser fees
and still good transaction  processing time frame.

[bjmpoker001]

That was normal because the gas fee is higher when there are many transactions with high gas fee submitted to the blockchain network.
Many platforms might using Ethereum network as their blockchain, and submitted their transactions using high gas fee.
Our transaction gas must be high as them, so our transactions won't be overcome by other transactions that using high gas.

[bits4books]

Yes, fees are high - due to the fact that there is a huge demand and the network is under load. This means that you will either have to accept this because the fees works on the principle of "demand creates supply" or never use ETH again because the only way to fix this is centralization, which contradicts the principles)
I do not dispute that such fees are bad, but this is a consequence of decentralization, isn't it?