ETH high gas fee

[b1boy]

For now i advice Simply utilize other altcoin man for the main time. Current expense is truly frantic that it doesn't bode well for individuals to make some little or low transaction  . ETH ugprade is still long approach aswell so in the event that you truly need to make exchange the best strategy is simply exchanging over.
Current expense just feasible for individuals who moves tremendous high amount of eth. The little fries got their exchange burdened by the high charge and left with half of the sum it's crazy.

[1714757950]

1714757950

[shushu9977]

Now, at present, the gas fee of ethereum is very high which is very sad to us. I am very upset for the high gas fee of eth. Now I see the economy of gas fee of ethereum is 11/12$. Yesterday, I transfer 100+$ of a token, I put 50 gwei for transaction but still it is not transfer which is cost avobe 4$.

[TopTort777]

Now, at present, the gas fee of ethereum is very high which is very sad to us. I am very upset for the high gas fee of eth. Now I see the economy of gas fee of ethereum is 11/12$. Yesterday, I transfer 100+$ of a token, I put 50 gwei for transaction but still it is not transfer which is cost avobe 4$.

I think your transaction will simply burn gas and wont ever leave your wallet. I havent seen fee less than 80 gwei in last few months.
Why do you even put so low fee? Check Ethereum Gas checker https://etherscan.io/gastracker next time before you do a transaction.

[Sendi blackspade team]

Now, at present, the gas fee of ethereum is very high which is very sad to us. I am very upset for the high gas fee of eth. Now I see the economy of gas fee of ethereum is 11/12$. Yesterday, I transfer 100+$ of a token, I put 50 gwei for transaction but still it is not transfer which is cost avobe 4$.

I think your transaction will simply burn gas and wont ever leave your wallet. I havent seen fee less than 80 gwei in last few months.
Why do you even put so low fee? Check Ethereum Gas checker https://etherscan.io/gastracker next time before you do a transaction.

it will only deduct for eth balance in the wallet and tokens will never be sent. Transaction fees are steadily increasing and ethereum developers have yet to find a solution.
when looking at the binance and Tron chains it makes me wonder what if a lot of projects in the ethereum chain would move a lot to other chains.

[Mr.sprin]

The cost of gas is very expensive, everyone sells tokens and gas is high, they have a large number of tokens, the profit is more than the gas that is issued, for those who have a little token, they cannot sell because gas is more expensive than the number of tokens issued.

[Mehedi72]

but alas, we can't take any step to reduce this high fee issue but need to be waiting until the fee become normal.we all know, neither miners nor anyone like us, can control the fee. decentralize platform eth transaction fee will be increase automatically with its price owing to Crypto market crate a big hype in 2021.pople are using eth and erc20 tokens, that makes eth newtork overcrowded and the reason behind high increasing fee.although its good to see the pump but fee issue makes people disappointed

[tabas]

The cost of gas is very expensive, everyone sells tokens and gas is high, they have a large number of tokens, the profit is more than the gas that is issued, for those who have a little token, they cannot sell because gas is more expensive than the number of tokens issued.

There is no option for an alternative if the fees are high. You have to postpone your transactions because if you pay for a lower fee, your transaction might be stuck for a long time.
And that's what you don't want to happen but you can't do anything with that even if you want to sell your tokens.

[nira09]

This is awesome!

I have personally never seen such high gas fees anytime before!
Seems to there is panic on the dance floor, I have never expected it will be so high!

This image reminded me yesterday when I was going to trade at Uniswap, I was surprised when I saw the trading fee via https://etherscan.io/gastracker the trading fee exceeds the value of the token I was going to sell, then I planned to send it to the CEX exchange, it turns out the transaction fee also very high, so I better delay the transaction

This is a serious problem for Ethereum developers, if this transaction fee problem is not solved then users will leave

[bitquad]

I recently sent more than 10 ETH from Coinbase to Binance. Transaction fee was about $4. Coinbase fee was $0. That sounds cheap. What's all this talk about high fees? How come my fee was not that high?

[Spaffin]

I recently sent more than 10 ETH from Coinbase to Binance. Transaction fee was about $4. Coinbase fee was $0. That sounds cheap. What's all this talk about high fees? How come my fee was not that high?

Today I made transfers of ethereum from wallet to wallet in two transactions and one transaction was priced at an automatic minimum of $ 18, and the other broadcast was $ 6, which I set manually. Both transactions were successful, but with a large interval from each other. In any case, within half an hour or less, my coins reached the indicated address. In addition, as previously reported, in July 2021 a hard fork will take place in London, which is aimed at solving the scalability problem.

[tabas]

I recently sent more than 10 ETH from Coinbase to Binance. Transaction fee was about $4. Coinbase fee was $0. That sounds cheap. What's all this talk about high fees? How come my fee was not that high?

Lucky you are, most of those that talks about high fees are coming from those Defi and swap transactions. Just as you, they have the option to continue the transaction if the fee being asked is low. But if the fee is too much to tolerate, simply stop the transaction.
As long as there's an option to pay for the lower fee, choose it. But how long did you wait for your transaction to get a confirmation?

[adamvp]

I remember when I first time googled what is cryptocurrency, in some article it was mentioned that crypto allows to transfer funds cheaper then regular banking wire. What a lie 

Anyway, calm down. This is all due to Bitcoin price drop. Once rich people feels satisfied this day, milking hamsters, fees will return to new normal of 90-120 gwei.

yes, it is a joke we used to see in some writings. but in reality, some coins still use very high fees for transactions.
but if you have to wait for the market to return to its original position before the pump happens I think it will be difficult. I am sure this condition will be corrected but there will be adjustments that may occur gradually.

Ohh there is a quite big bunch of cryptos which allows to free or almost free transfer of money,
BTW ETH is not actually money, it was designed as smart contract platform, so we shouldn't look at ETH as a meaning of payment..
Eth now seems to start to become investment vehicle for rich people and institutions..

[ololajulo]

We all believe the development of ETH. 2 will solve the high gas fee problem and it is over 2 months that development started without effect on the gas fee. There is no way to get out of it if 15 transaction can only be handled in 1 sec around the world, for such a coin with the most efficient use case. we still have over 2 years for the completion and the struggle in not getting better. I just hope ethereum wont loss so much to other blockchains.

[mekar sari]

We all believe the development of ETH. 2 will solve the high gas fee problem and it is over 2 months that development started without effect on the gas fee. There is no way to get out of it if 15 transaction can only be handled in 1 sec around the world, for such a coin with the most efficient use case. we still have over 2 years for the completion and the struggle in not getting better. I just hope ethereum wont loss so much to other blockchains.

but in fact many users have complained about this problem Unreasonable fee for only one transaction especially if we want to send a very high fee ERC20 token, it can even lose to the token price in market etehreum gas fee which is difficult to down, I want to scream and want to move to another platform

[JNR]

We all believe the development of ETH. 2 will solve the high gas fee problem and it is over 2 months that development started without effect on the gas fee. There is no way to get out of it if 15 transaction can only be handled in 1 sec around the world, for such a coin with the most efficient use case. we still have over 2 years for the completion and the struggle in not getting better. I just hope ethereum wont loss so much to other blockchains.

but in fact many users have complained about this problem Unreasonable fee for only one transaction especially if we want to send a very high fee ERC20 token, it can even lose to the token price in market etehreum gas fee which is difficult to down, I want to scream and want to move to another platform

and if eth foundations can't fix this conditions, i think a lot of project will move from eth to other blockchain mate
hopefully the best solutions will come from eth developer as soon as possible

[Becky666]

We all believe the development of ETH. 2 will solve the high gas fee problem and it is over 2 months that development started without effect on the gas fee. There is no way to get out of it if 15 transaction can only be handled in 1 sec around the world, for such a coin with the most efficient use case. we still have over 2 years for the completion and the struggle in not getting better. I just hope ethereum wont loss so much to other blockchains.

Ethereum won't loss to other blockchains in my opinion becasue they will speedy up their work to bring about the conclusion of the Ethereum 2.0. Also, there are news of cross border blockchains be built across the ethereum which might be readily be available for launch soon, and if this happens the ethereum blockchain will be embracing again by developers as it uniqueness is what make it sell than the Binance-chain with centralized.

[adamvp]

I think big actors will stay by Ethereum, they won't risk unverified solutions like other chains, and they will become  something  like intermediary for common people; so you won't be able to interact with Ethereum blockchain directly, instead you should use  intermediation of big institutions (something similar as banks nowadays)

[soenan]

To be honest, the current condition is very difficult for us as bounty hunters, because the high transaction fees, of course, greatly affect the income we get today and even many of the bounty participants, including myself, postponed selling the tokens I have because they do not match the transaction costs what I have to spend and currently there are many bounty projects that postpone payments just because the Gwei costs are high, hopefully with the launch of ethereum 2.0 it will be able to reduce gas costs later.

Yes, but some people are also getting tired of waiting for the launch of ethereum 2.0, which has been circulating long ago, but until now it's still not finished, so are you sure if ethereum 2.0 has been fully launched? Gas costs will be decrease ?

Ethereum 2.0 is not fully launched yet and even its release has been delayed twice. however, the presence of Ethereum 2.0 will solve the problems that have occurred in Ethereum, such as scaling and high gas costs. Ethereum 2.0 will have a much larger capacity to accommodate the number of transactions on the DeFi app. The evolution of Ethereum 2.0 is predicted to increase the price of ETH.

[$anounimus$]

High transaction fees will cause many users to delay making transactions using the ethereum platform. especially for people who have small capital. And this is very annoying for ethereum users because they have to wait until the transaction fees come back low and people never know when these transaction fees will return as low as they used to be.

To return to the lowest level before it seems like it will take a long time, because currently the cost of gas has decreased slightly from the previous one, here is a screenshot I took from the site https://etherscan.io/gastracker

[adamvp]

High transaction fees will cause many users to delay making transactions using the ethereum platform. especially for people who have small capital. And this is very annoying for ethereum users because they have to wait until the transaction fees come back low and people never know when these transaction fees will return as low as they used to be.

To return to the lowest level before it seems like it will take a long time, because currently the cost of gas has decreased slightly from the previous one, here is a screenshot I took from the site https://etherscan.io/gastracker

snip*

It is almost 10times cheaper than few days ago, when gas price exceeded 700! So it is very much reduction..
I am starting to think about moving my ERC 20 tokens to Binancr Smart Chain network now.. what do you think about such solution?