nykka
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November 27, 2020, 06:11:02 PM |
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We need Ethereum 2.0 and new conesnsus protocol to change this madness. I haven`t seen any acceptable fee in Ethereum blockchain since July. Today many blockchains let make transactions with fees lower than 1 cent and only ETH chain requires 5+ dollars for common transaction. I understand, that Ethereum has much more users, so blockchain is overloaded, but we need some solutions or people just start use other blockchains, which are faster and more comfortable to use
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fvb
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November 27, 2020, 06:24:14 PM |
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I recently paid a big commission too. It was good at least to transfer tokens for an acceptable amount, and it was still a pity to pay such a commission. I’m waiting for it to recover and everything will be as before. So far I decided not to make transactions.
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MishaSER
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November 27, 2020, 07:57:33 PM |
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I hope when Ethereum 2.0 is launched, the gas charges will be lower and the network will become faster. I have tokens but I cannot sell them because it is not profitable.
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bryant.coleman
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November 28, 2020, 04:04:47 AM |
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When I wrote this comment, the Ehtereum gas fee only 25gwei, and this is so cheap if compare to your statement in the thread, so I think you just need to wait until the gas fee becomes normal.
We all hope that Ethereum 2.0 will bring us a solution for this because maybe we need to make an important transaction and we want not to wait, and when the gas fee is high no one we can do
A lot of people have posted here that ETH 2.0 is likely to result in a lower transaction fee. That may be true. But we don't have any idea about how much reduction will happen once it is implemented. There is a very good chance that by then the number of transactions would increase and that would undo any fee reduction that will be resulted as a result of ETH 2.0.
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nemey
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November 28, 2020, 04:53:52 AM |
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We know that Ethereum's gas fee is quite high. And reportedly this will end soon after the release of Ethereum 2.0. Hopefully it does happen, and will soon resolve the problem of high gas fees.
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Em00n01
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November 28, 2020, 05:13:48 AM |
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Ethereum gas fee is increasing rapidly due to uniswap and other dex. All of we know that it ETH 2.0 will launch in December 1. So i think this update will fix the gas price very soon.
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Genemind
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November 28, 2020, 05:17:57 AM |
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Ethrtrum price had been to high since the demand on DeFi project started. This had been the longest problem of ETH network everytime there's a massive traffic on the network, transfering funds is a pain. I hope they have a solution for this involved in Ethereum 2.0.
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onecall123
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November 28, 2020, 05:36:17 AM |
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Ethrtrum price had been to high since the demand on DeFi project started. This had been the longest problem of ETH network everytime there's a massive traffic on the network, transfering funds is a pain. I hope they have a solution for this involved in Ethereum 2.0.
We know this is temporary but indeed really pathetic to experience as this is really expensive to send money. Uniswap ultimately main villain behind all this horror gas fees, but we just near make this the end. Ethereum 2.0 smart contract absorbs gas fees and will confirm quick transactions.
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aysha9853
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November 28, 2020, 06:37:27 AM |
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ETH Gas currently varies in fees, there are times when it goes up and there are times it goes down but it never reaches below $1 the fee, since the presence of DEX such as uniswap makes Gas prices even higher
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Rengga Jati
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November 28, 2020, 07:24:03 AM |
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The gas fee is always changing. I ever spend around almost $3 only to transfer a few amounts of ERC2- tokens. But this is okay as long as the result that I have is good enough and it can cover the transaction. However, if it is about a limited amount to transfer, well, it may be very sad to know the fee is bigger than what we want to transfer ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If there is a chance to transfer when the fee is low, it is the best time to transfer. I commonly will check https://ethgasstation.info/ regularly if going to transfer such amount of token so that I don't miss the chance to get a lower fee if any ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Lrshohag
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November 28, 2020, 02:17:03 PM |
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Gas fee make me worried. Sometimes it take 3-4$, sonetimes it takes 0.5-1$. Actually I can not understand tge gas limit. I think, Befor ETH 2.0 It will take such kind of fee. It creates too much problem for all cryptocurrency user.
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minatour
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November 28, 2020, 04:25:04 PM |
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The issue of gas fee this days is very frustrating and annoying, this madness started since the early days of recent Dex Exchanges like Uniswap, Sushiswap etc. Hopefully Ethereum team rectify this anytime soon.
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poodle63
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November 28, 2020, 04:35:53 PM |
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If you noticed a high fees again try to skip using Ethereum network for few days, unless if your transaction is very important you have no choice but to execute a transaction. December is coming, Ethereum developers might end this problem very soon.
Yeah I heard it's gonna be coming in a week or around that and the staking already about to reach the cap. There's nothing wrong with waiting for ETH gas problem to be resolved since ETH 2.0 is coming and there might be a little bonus too which is price bump since we already anticipated the eth upgrade from a long time anyway. Definitely worth the wait I must say.
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angrybirdy
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November 28, 2020, 05:00:48 PM |
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Gas fee make me worried. Sometimes it take 3-4$, sonetimes it takes 0.5-1$. Actually I can not understand tge gas limit. I think, Befor ETH 2.0 It will take such kind of fee. It creates too much problem for all cryptocurrency user.
It changes of course, like my previous transaction, I only paid below $1 compared to the transaction fee a few days ago which cost me around $3. so the only thing we need to do to avoid paying higher fees is to wait for lower fees before we do our transaction. Most of the time the transaction fee is below $1.00 compared to paying around $3-$5.
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goddess116
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November 28, 2020, 05:35:05 PM |
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Who knows,ETH high gas fee is not the first time occurs, i deeply believe it will not be the last. To be honest, i was completely taken abck when i saw your picture.
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skarais
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November 28, 2020, 05:37:17 PM |
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The gas fee is always changing. I ever spend around almost $3 only to transfer a few amounts of ERC2- tokens. But this is okay as long as the result that I have is good enough and it can cover the transaction. However, if it is about a limited amount to transfer, well, it may be very sad to know the fee is bigger than what we want to transfer ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If there is a chance to transfer when the fee is low, it is the best time to transfer. I commonly will check https://ethgasstation.info/ regularly if going to transfer such amount of token so that I don't miss the chance to get a lower fee if any ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This is expensive for those who make transaction in small amount, and is okay for those who make larger transaction. Always use standard fees in an effort to get lower transaction fees, and do not make transaction if you have to pay a fee that is greater than the number of token or coin you are sending. It creates too much problem for all cryptocurrency user.
Only for altcoin that still use the ethereum platform.
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loopes
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November 28, 2020, 05:47:39 PM Last edit: November 28, 2020, 06:21:43 PM by loopes |
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If you noticed a high fees again try to skip using Ethereum network for few days, unless if your transaction is very important you have no choice but to execute a transaction. December is coming, Ethereum developers might end this problem very soon.
Yeah I heard it's gonna be coming in a week or around that and the staking already about to reach the cap. There's nothing wrong with waiting for ETH gas problem to be resolved since ETH 2.0 is coming and there might be a little bonus too which is price bump since we already anticipated the eth upgrade from a long time anyway. Definitely worth the wait I must say. Based on data per 24 November i found (read), about 586,848 ETH has been accumulated in the deposit contract to achieve for minimum requirements while ETH wanna enter main net stage. So we can say that Ethereum 2.0 will be launched on next week, first December, for certainty. It will bring a problem solving for high gas transactions.
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FireBallex
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November 28, 2020, 05:52:08 PM |
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Ethereum gas fee isn't permanent, if fee is too high today it will be down the next day, sometimes it goes down in hours, Ethereum transaction fee have been surging since DeFi hype begins some weeks back and I believe that things will change very soon, when Proof of stake algorithm for Ethereum got launched gas fee will become cheaper
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acener
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★Bitvest.io★ Play Plinko or Invest!
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November 28, 2020, 06:01:24 PM |
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The ETH fee is similar to the market it does go up and sometimes go low, This is why you should always check the amount of gas needed before making a transaction. For times like this only those who badly needed the money would make a transaction for those who doesn't need it urgently would just wait till it goes down. Look's like the Gas fee has go back to being cheap again.
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heztida3
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November 28, 2020, 06:04:04 PM |
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Ethereum needs to upgrade transaction fee.be pretend fee going on not for a long time, because fee always changable, the gas price will return to its place and become cheap again.
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