Ethereum now looks like a complete joke

[Mighty_crypt]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

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[Reid]

Is it really like that?
Should every ERC20 token rise in value whenever Ethereum does?
Why should it lean over Ethereum price when they have their own market?
Isn't it enough that they used Ethereum to create their contract for their dusty projects?

Perhaps, you should ask the devs of your supported project why their tokens are not appreciating in value.
Gas fees depend on traffic.

[republicrypto]

it doesn't mean if ethereum price growing then all tokens that created on ethereum blockchain will grow too my friend
because its depends with the project itself, not depends on ethereum price, you should know about that
regards

[Brindez_kromo]

I also felt the gas price was really crazy so I thought about holding back or doing transactions,,, but lately Ethereum-based projects very high transactions and make to higher gas prices. I regret not moving the token before the increased traffic on the transaction Altcoin
I've been guessing about that,, because investors only focus on big coins and don't interested in going to Altcoin so it doesn't have much of an impact on altcoin prices.

[sangkler11]

you're mistake bro, other altcoins (Ethereum-based tokens) not following the Ethereum price, depending on the performance of the token itself.
Indeed, ethereum transaction fees are unstable and so high, that's because ETH 1.0 can only support 30 transactions per second which causes delays and congested.
i hope Ethereum 2.0 can solve this problem.

[cryptoperkele]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

Insane gas fee has made most eth dapps pretty pointless for regular user. But that's what the sharding is supposed to fix and this price growth is all about speculating that working ethereum chain will be worth a lot. But i don't get why your random erc20 tokens should have value in the first place? Just because they run on eth?

[Xxmodded]

I think not joke make by ethereum but depend on how bitcoin and altcoin situation right now, almost altcoin keep depending price on bitcoin when bitcoin suddenly dump like today just waiting with altcoin will dump too. Now happen how ethereum could dump more than 300$ only one day because bitcoin dump more than 10k$, I think is usually happen when bitcoin dump altcoin will dump and waiting for bitcoin raise to higher price again to see how altcoin can allowed with bitcoin price.

[dimonstration]

Is it really like that?
Should every ERC20 token rise in value whenever Ethereum does?
Why should it lean over Ethereum price when they have their own market?
Isn't it enough that they used Ethereum to create their contract for their dusty projects?

Perhaps, you should ask the devs of your supported project why their tokens are not appreciating in value.
Gas fees depend on traffic.

Even ETH is struggling when BTC is reaching multiple ATH, only just few days ago ETH able to pump since BTC is already too high yet it's not enough reason for other coins to also increase in price. Other  investors were trying to put some hype on ETH but it doesn't mean other projects will be affected too, there are too many projects that are in ETH platform but does2have any product development or reason to be noticed.

[Coyster]

Ethereum doesn't control every ERC20 token, they also have to develop their own system, you don't expect ERC20 tokens to do nothing on the network and simply rise/fall whenever eth moves in either direction, and if that's your reason for calling ethereum a joke, then you've totally missed the point. If you have a problem understanding what's wrong with most tokens you've invested in, I'll advice you leave such tokens and invest in Ethereum itself. And as for Gas/transaction fees, it goes up/down at certain times, it's normal in the crypto market.

[Xardasim]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

The price increase of ETH does not affect the tokens based on it as much as you think. Trading is the most effective factor in this regard. Already this increase did not affect those who were not on the top list, regardless of coin or token.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

We may always encounter such cases. The increase in transactions is a good reason. I do not know where you saw the $10 fee, but I did not. At least, you can wait for the right time or control the fee yourself.

[jacafbiz]

Market moves in Circle and when I see post like this it makes me feel like we are almost at the bottom and Altcoins is set to pump, during DEFI mad run between July to September nobody talks about the gas price because they are all making money and the profit will pay for the gas, I believe with all the solutions people are proposing for the L2 the issue of gas will be alleviated for sometime until Ethereum 2.0 is launched

[bttmember]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

The situation is tough but if you have been here for sometime you would know that gas fee keeps fluctuating up and down sometimes it is very high sometimes low but yes till eth 2.0 is fully activated we have to suffer this thing but hopefully not for long.

[ElaineGanda]

it doesn't mean if ethereum price growing then all tokens that created on ethereum blockchain will grow too my friend
because its depends with the project itself, not depends on ethereum price, you should know about that
regards

Agreed, it depends on the performace of the project and stability and dominance of the coin itself. Maybe we can consider the ETH as preference of our coin trend but not totally will depends on it.

[Mahanton]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

When people do expect that the bull  run would really be just like the same on what happened in 2017 then this one is totally different, it do focuses out more in bitcoin and top altcoins
without minding about those coins who had been similarly using the same platform like erc20 that's why you can see that they aren't moving prices plus having those insane gas fee
isn't really that something to be shocked about.It did really happen for several times already when market tends to reach up new heights or hype then you can expect these numbers.
A joke? then deal with it since these things cant be avoided and if you don't like to pay up those fees then simply skip out on making transactions.

[itovault]

There are lots of serious ERC-20 tokens that are still doing pretty well.  For example SNX is up a lot.  You need the project to use the coin in a way that increases its price.

[ife2020]

One thing about crypto currency is that it preaches honesty and sets reality in for everyone; blame game does not work either. In crypto currency; its either you do it right and get it right or the other way roubd; if it doesn't  go your way or as predicted, learn and take corrections, don't blame or shift excuses. Etherum has done well in the market; rosed up to $1200+, stable for good long while and retraces (which is normal). Failing to take profits when it matters means theres still alot to be learnt. Get on with it and improve, because etherum is not a joke.

[Princejebs]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

Do you know what? Many people learn fr their mistakes and that's why altcoins weren't going up during the bitcoin pump. Ico failed them and if I was one of the unfortunate situation, I wouldn't consider you to buy altcoins because they pose high risk to your portfolio, that's why people believe Ether.

If you are talking about transactions fee, it's better you invest in Tron altcoins ( not a financial advice ) than loose half of you funds into an unnecessary issue.

[flagpara]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

Maybe you aren't monitoring all of this ERC-20 token. Some of this ERC-20 token value is higher than Ethereum. We know that this time Ethereum is being forced to price pump, but the whole Ethereum isn't a complete joke as transaction cost increases. Still, Ethereum is the King of altcoins.

[devollito]

Ethereum gas fees is insane it is worst than bankster robbed you for the transactions fees, binance smart chain better fees, or maybe polkadot will fix these problem in ethereum and replace ethereum in 2nd place marketcap.

[Shasha80]

Like you are misunderstanding about ERC20 tokens, because the increase in the price of Ethereum will not make all ERC20 tokens go up either.
It's not that the ERC20 tokens are on the Ethereum network to be affected by the Ethereum price, All ERC20 tokens move depending on
the respective project team. So if you want to invest in ERC20 tokens, choose an active and trusted project team. For the problem of gas fee of
Ethereum which has increased, it did happen because of the very busy Ethereum blockchain network transactions. Regarding this gas fee,
we haven't found a solution at this time, and this is normal happen in the crypto world.

[bittick]

Ethereum didn't give a direct impact to the ERC20's price. The ERC20 price will come from what already developed by the developers and it's not related to the bullish trend that's happening with ethereum. I do agree about the tx fees is completely a big joke in ethereum because it costs too much.
10 txs consume $100 and that sucks. ERC20's price is not pegged with ethereum dude.

[krisnajsadrak]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

its simple, if you think ethereum is a joke, just stay away from this joke and find another altcoins project to invest rather than you lose your money in transactions fees on ethereum network my friend

[examplens]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

You probably hold ERC20 tokens taken from many bounty programs. Now you can see for yourself most of them are just plain trash and no matter how much Ethereum worth, it simply useless tokens can never have value.
you will probably look at free tokens differently and you will not take them no matter what is behind them.

[tabas]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

We cannot read the market and have a thing to say why it's not moving according to what we're expecting. This is the crypto market and altcoins don't go along with what we're planning to see.
In these times, it's best to sell those and hold bitcoin rather than those erc20 tokens.

[JeffBrad12]

Ethereum gas fees is insane it is worst than bankster robbed you for the transactions fees, binance smart chain better fees, or maybe polkadot will fix these problem in ethereum and replace ethereum in 2nd place marketcap.

The new smartcontract platforms already fixed this problem. It's about the big name that already got by ethereum and the demand gets centralized into the ethereum. That's why even the gas is very high but some people are still using it to trade or various things.
There will be no new platform that can replace ethereum and once it has become a major platform and it's almost impossible for the new platforms to compete with ether.

[TofuDefi]

Ethereum gas fees is insane it is worst than bankster robbed you for the transactions fees, binance smart chain better fees, or maybe polkadot will fix these problem in ethereum and replace ethereum in 2nd place marketcap.

TRON tx fees are even lower than BSC tx fees.

[bitterguy28]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

This makes me Hate Ethereum now , You know that i have been supporting this coin for more than a year now?

But with my experiences about the Gas fee recently ? i decided to dispose all my ETH and just Invested to another currencies that i can easily send my coins without havign a problem about the fee all time long.

[CashbackLover]

Gas fee aren't fixed, there will be time when the gas fee will go lower, today the fee is back to 4$ - 6$ range, it's better to move your tokens to exchange that you trust just in case, after the sudden correction there will be more bullish moments and gas fee will even be more higher

[tipplelucky]

It is quite possible that in the near future, altcoins will show good growth, the same as that of Bitcoin and Ether by 1000% or more, if the price correction on the BTC occurs and money is poured from it into the alt

[1l1l11ll1l]

Gas fee aren't fixed, there will be time when the gas fee will go lower, today the fee is back to 4$ - 6$ range, it's better to move your tokens to exchange that you trust just in case, after the sudden correction there will be more bullish moments and gas fee will even be more higher

Have all of the ethereum 2.0 updates been released? they said they'd finish these insane network fees. I'm okay with the continuing high price tag, the fact that it's even better for the other altcoins. the problem is unreasonable network fees, and they have to get it done asap because it's taking too long and could make other people suffer

[tvplus006]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.
...

All the attention of large investors is now focused on bitcoin, which is the leader in terms of trading volume on the exchange. We must wait until the hype around BTC decreases, which will lead to a decrease in its dominance in the market. And only then will we be able to see the real season of altcoins.

[toast]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

we are not sure about that, you might not know anytime by now the ethereum's price will going to pump well it's normal about the transaction fee in bitcoin the transaction fee is around $18 I think they might not suitable for microtransactions.

[southerngentuk]

I do not see it as a joke because we have to understand that these problems are not uncommon. Ethereum problems, i think not soon to fix, i heard about ETH 2.0 will solve problems, these days will probably answer everything. But the image of the school, i always appreciate that Ethereum is still a great choice for investment.

[trauchot]

I completely agree with you, unfortunately the Ethereum developers deliberately made sure that the entire Ethereum network would be overloaded when the growth of altcoins begins, and unfortunately I do not think that Ethereum developers have plans to improve the Ethereum blockchain so that the gas price would return to the same values that were a couple of years ago.

[danherbias07]

You are mistaking something here. Ethereum project is different from those projects created under ERC-20.
I hope they explained you about that clearly before investing with those coins that you bought.
If not, then you made a wrong decision to buy it.

They create their own future and doesn't rely to whatever or wherever they are made of. I am sorry for your loss.

[slackovic]

I completely agree with you, unfortunately the Ethereum developers deliberately made sure that the entire Ethereum network would be overloaded when the growth of altcoins begins, and unfortunately I do not think that Ethereum developers have plans to improve the Ethereum blockchain so that the gas price would return to the same values that were a couple of years ago.

LOL, are you serious? You're saying that Ethereum developers programmed the network that it gets automatically congested? Don't you think that it has something to do with more people transferring ETH and tokens in times of high volatility? And when there is more transactions on the network, those who create a transaction must pay more in order for their transaction to go trough. It's just that simple. No one programmed the network to become congested or to require more gas.

[kram31]

There are two things that I saw from this Ethereum, first is lucky to those who hold ETH at the moment,
However, the bad news was the gas fee totally too high, where the majority of the community here in crypto space
are aching for this transaction charge for ETH. is there any other way to avoid this high fee of ETH?

[IShishkin]

I do not see it as a joke because we have to understand that these problems are not uncommon. Ethereum problems, i think not soon to fix, i heard about ETH 2.0 will solve problems, these days will probably answer everything. But the image of the school, i always appreciate that Ethereum is still a great choice for investment.

The only problem which Ethereum 2.0 solves is a sale of huge Ethereum premine. They call that "selling your dreams to investors". Ethereum 2.0 is heavily centralized network.

[raidarksword]

Erc token projects will not follow the eth's price because they have different adoption and team, they are just using ethereum smart contracts so that they create their own tokens in the network. Many erc tokens have greater value than eth especially defi projects in the market right now.

[lumokupong21]

I don't think this is a joke, because as long as the price of BTC and ETH goes up in the near future this could benefit many people including myself. And I also do not depend on markets like Etherum itself because they also have a market, and I think we should be really observant in investing when the market is inflation?

[tvplus006]

Have you tried decreased the gas fee?
I usually set it to normal, and it costs only a bit to make a transasction.

High network fees are very visible when making an exchange on decentralized exchanges, where you have to pay them twice for each transaction. Such high commissions can be considered a payment for anonymity on the network. When transferring from a wallet or exchange, these fees are not as large when compared to DEX.

[Zeehaxan]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

Yeah, a couple of days ago i was thinking to exchange some of my tokens but when i checked the transaction fee i just changed my mind because most of the tokens were in small amounts and value that i wanted to exchange so the high transaction cost made it useless exercise so i skipped it.

[magnum cyber]

I don't think this is the end of the Ethereum price hike, I still believe that Ethereum can hit its ATH again one day. and keep in mind that the increase in the price of an erc20 token does not depend on the increase in the price of ethereum itself.

[Jackl87]

The price looks great at the moment, but with the high network bandwith in the last days and weeks it shows once again, that ETH has reached it's limit in it's current form.
I unstaked my LP's from a Yield Farm two days ago and restaked them somewhere else. Those 4 transactions did cost me 50$.
Currently ETH is just not a user friendly platform or payment method that is useable in the daily life.
The switch to ETH 2.0 is eagerly awaited 

[smoolae]

Ethereum high price doesn't mean that its subsidiary ERC20 tokens should pump right away when ETH does.
Bitcoin->Eth->alts is the order (it's even like top 10->top 100->everything else).

Just give it time and let's see what will happen.

[yazher]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

I find your topic as a joke because you seem don't understand what's going on with the Ethereum market right now. Those other ERC20 tokens ha nothing to do with the rising of the price of ETH in the market, they have their own owners and developers. the only link they have with Ethereum is they are from the same network or blockchain. As for the price of gas, that's the main problem when the price of ETH is rising in the market, you need to get used to that since it has been there since the beginning.

[zasad@]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

Bitcoin and Ethereum prices are rising because institutional investors are interested in them.
Ethereum inflation will decline for two reasons:

EIS 1559 is promised this year (some of the commissions will be burned)
Change to POS algoritm

The exchange takes 0.3-0.5% commission per trade. If your deal is $ 100, then it is more profitable to trade on the CEX, if your deal is $ 10,000, then it is more profitable to trade on uniswap and similar DEXes.

[Indymoney]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

I find your topic as a joke because you seem don't understand what's going on with the Ethereum market right now. Those other ERC20 tokens ha nothing to do with the rising of the price of ETH in the market, they have their own owners and developers. the only link they have with Ethereum is they are from the same network or blockchain. As for the price of gas, that's the main problem when the price of ETH is rising in the market, you need to get used to that since it has been there since the beginning.

You are right OP is not understanding this all and talking about this topic which is really shit by him currently Ethereum is doing very good with many projects even many stablecoins also in good position but still not able to touch this few peoples talking about gas wihich is really concern at the time but its also going to solve in near future as ethereum developers working on this very quickly hopefully we will have some good news in near future.

[wxa7115]

Is it really like that?
Should every ERC20 token rise in value whenever Ethereum does?
Why should it lean over Ethereum price when they have their own market?
Isn't it enough that they used Ethereum to create their contract for their dusty projects?

Perhaps, you should ask the devs of your supported project why their tokens are not appreciating in value.
Gas fees depend on traffic.

Perfect answer, ethereum is just the platform in which those coins were created and nothing more, just because ethereum is going up in value does not mean that every single coin created using their platform is going to go up in value as well, the only way for most altcoins to go up in value is an altcoin season and right now that does not seem possible as all the interest is in bitcoin alone, so the only way for a coin under these circumstances to go up in value is to be a good coin and have something more than hype behind it.

And unfortunately for most coins out of the top 50 that is the only thing they had, otherwise they would be on the top 50 already or at least they will be close to achieve that goal.

[bittick]

Ether is the best altcoin, why you think it's a joke? it had a good run just like bitcoin, but yes It should have crossed $2k this time but I still believe a long time left for another rally to go over $2k+ and it will happen within the next few weeks. We all gotta do is patient and let do the ether 2.0 come it will be crazy.

he was saying like that due to the non sense transaction fees that happened in ethereu, when you are trading on uniswap right now and it costs around $20 for each transaction.
That's why some poeple have been calling it as outdated chain.
You can now see that on ethgasstation about how crazy the ethereum fee is.
That's why the only whales that can afford the transaction in ethereum network.

[saffira]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

I believe you misunderstand the flow. The price of eth ethereum has nothing to do with your erc tokens price. Its a different rate. Why not try selling your tokens, hold the ethereum and when the price gets higher, definitely you will gain.

[Twinkledoe]

I believe you misunderstand the flow. The price of eth ethereum has nothing to do with your erc tokens price. Its a different rate. Why not try selling your tokens, hold the ethereum and when the price gets higher, definitely you will gain.

Yes, obviously this is a misunderstanding, because he was expecting shitcoin using the ethereum platform to increase in price when ethereum experienced a good price increase from last year to the present, even though it is clear that such a thing has nothing to do with it.

Maybe he is still new when it comes to erc 20 tokens. But definitely, the price of erc 20 tokens doesn't follow the performance of ETH in the market. As their development is independent with eth, their respective team has the responsibility how to develop their own platform. They are just built under eth network but the actual progress on their roadmap or list of objectives depend solely on the team running it.

[RussianEnglishTranslation]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

It's going to be difficult for a while until L2 opens up to all ERC20s. Some projects are using token bridges to other blockchains so users can interact with those chains and trade. 0xMR for example is on xDAI Chain, Syscoin, and incognito chain.

[satria157]

isn't this good, when the ethereum pump altcoin also joins the pump this indicates that ethereum has a big effect on altcoins, which in fact are not altcoins that use the Ethereum platform only but there are many more, but on the other hand we have to find expensive shipping costs lol

[Shallow]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

That a token is based on Ethereum blockchain does not mean that as Ethereum piece goes up, the tokens as well is meant to go up, the only thing Ethereum offered to all tokens built on its blockchain is a foundation on which they can kick off their development, now what the team do afterwards is up to them, that is, where some will work hard to make their token worth it, others will either exit scam or abandon their project, therefore in essence, Ethereum have no business with the price of any token on its blockchain. The samething that happens with ERC tokens is the same that happens with other blockchain's tokens, the growth of a project is left to the team. On the other hand, to be frank selling some ERC tokens atimes seems to be hard, not because you can't sell but considering the gas fees, you might just give up but it looks like there is nothing anyone can do about it than to wait for the ETH 2.0 with hope the high gas fees will be sorted out.

[leea-1334]

This seems wrong, because some tokens on the ETH network have increased. this happened in addition to the increase in price from Ethereum as well as from bitcoin. the impact is when the price of bitcoin is stable the price of altcoin will be bullish and yesterday you could witness a huge increase in altcoins

Increased in price, market value, which we all know is not really indicative of any real long term intrinsic value. Imagine that even Bitcoin with all its proven utility still raises questions of intrinsic value (which I do not agree with),,, what more other networks where they have yet to achieve real world scale and usefulness?

[fahmimajannat]

I think it will be stable after eth the launch of eth 2.0.
Because of eth's transferring is limited to 1800 per minute the price are pumping.
It will be solved after the launch of eth 2.0 hopefully.

[tvplus006]

I completely agree with your opinion that you need to wait a certain time until the altcoin season comes, but until that time, very bad circumstances may develop for Ethereum, and today, due to the high cost of the transaction, many developers may leave the erc20 platform. We all expected the EHT 2.0 update, and hoped for an improvement in the scalability situation and, accordingly, a solution to the problem of high commissions, but the situation does not change and I am afraid that Ethereum may lose relevance over time.

Vitalik Buterin could not assume at the launch of ethereum that his project will become global and will need to simultaneously serve transactions estimated in the hundreds of millions. And this problem with the scalability of Ethereum will not be solved soon, since only phase "0" of EHT-2 is currently running.

[inanilujimi]

I don't think it is right to blame ETH because the value of the altcoins that are in the ERC20 blockchain does not increase, gas costs do not continue to be expensive because I know the cost of gas is according to the number of user traffic. the more traffic, the greater the costs you have to spend, there is absolutely no relationship between ETH and the altcoins running in its block regarding the price. just ask the owner of the project why the altcoin value is not increasing, because what I know is the hype that was created did not come naturally.

[tyz]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

If you're shocked, then you've never looked at most of the ERC20's. 99% of the ERC20 tokens are complete garbage. Sorry for the choice of words, but it is correct. There are very few who really have a use and these are mostly tokens that are about to switch to their own chain.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

Similar to above: Already in 2017 it was shown that with increased use of the Ethereum chain (at that time triggered by the many ERC20s due to the ICO boom) the fees increase extremely. Seen even stronger than Bitcoin's fees in relative comparison. That was more than three years ago, and little has been done in development to improve it. If this surprises you, then you haven't looked closer at Ethereum at all.

[cilgindansci]

We all love Ethereum, but it must urgently find a solution to high transfer fees. In this way, it can no longer take place in the blockchain world.
New projects are rapidly being produced and nicknamed Ethereum-killer. One of them project could someday defeat Ethereum 

[1l1l11ll1l]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

I feel your frustrations but  in my own opinion the price is determined with the relation of supply and demand. If not manipulated, the price will surely go up if there is demand and the circulating supply remains constant. Maybe some of your erc20 token that you  hold are shitcoins thats why there are no demand at all.

Manipulation will be difficult to do in a large market circulation, unless you have the authority on an asset. hate it or not that the price of altcoins is indeed influenced by the development of bitcoin and ethereum prices, it may take a while for the altcoins to look for a momentum where bullish can occur

[hannahB4]

Ethereum is not a complete joke, since there is no law guiding any simultaneous rise in ethereum together with the other coin embedded so this will have an higher effect on it. The gas fee also is alarming and will be happy if it reduced.

[Anonylz]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

Well apparently only eth was able to shine with btc, completely took the spotlight and left most of the erc20 tokens behind, just completely shows how vulnerable most of this erc20 tokens are,
instead moving along side eth most of them where either stagnant or decrease in value, too bad alts were not able to perform as expected (well maybe not yet), anyways, too early to tell.

[asriloni]

Ethereum is not a complete joke, since there is no law guiding any simultaneous rise in ethereum together with the other coin embedded so this will have an higher effect on it. The gas fee also is alarming and will be happy if it reduced.

It's always going back to the low gas price again when there's no a lot of txs in the network. What you need to do to waiting for the gas to go back again. I have been sending ethereum a few hours ago and it consumes me around $1 and $2.5 for the token transfer. It's not a joke but it looks like OP was feeling frustrated with the high fees that happened when the network gets congestion.
It's a common thing because it's not only him but all of small holders were not able transacting their tokens into the network.

[gurunanakji777]

I think you came to the conclusion very early. Patience is also the key to success in the crypto market but I agree Eth Gas fee is quite high but to avoid high fees one should check it regularly it always not remain high. We can transfer when the gas fee is low its not a big issue. There are many ERC-20 coins that rise quite well in recent times and still rising but your expectations are high I believe you want most of the altcoins should rise but I must say we can not expect shit coins will also move with Ethereum.

[poodle63]

This fee problem gonna hold on for a long time for sure. Their ETH 2.0 upgrade which supposedly solve this gonne come gradually and that's plenty of months, considering how crypto market moves really fast the bull run might aswell ended before the fee issue even resolved. I mean, Imagine using platform like uniswap and you got charger many bucks just for exchanging coin and the fee for moving out money still not accounted in this case, the whole ethereum blockchain in the state of madness right now.

[dotcoin.info]

There are two things that I saw from this Ethereum, first is lucky to those who hold ETH at the moment,
However, the bad news was the gas fee totally too high, where the majority of the community here in crypto space
are aching for this transaction charge for ETH. is there any other way to avoid this high fee of ETH?

As far as I know, no. There is currently no additional way to avoid high commissions. The only thing that can be done is to find the right time for transactions.
For example, on Saturday and Sunday you can find times when transactions are quite cheap.

[Bitbtc8]

I hated the fact that eth gas fee is too high but there is no way we can stop this from happening, all we can do is watch the gas fee from time to time since it's not fixed price, the value increase and drops in minutes, hours or days

[pixie85]

It's following BTC in price just like many stronger altcoins, it's nothing new.

In 2017 it pumped much stronger and faster because of ICOs but many people got burned there and they won't get fooled twice, so now most of these people stay away from new trending projects and prefer to invest in bitcoin. For this reason you got a crazy price of Bitcoin while altcoins are creeping behind.

[Twinkledoe]

Ethereum is not a complete joke, since there is no law guiding any simultaneous rise in ethereum together with the other coin embedded so this will have an higher effect on it. The gas fee also is alarming and will be happy if it reduced.

The main problem of Ethereum is its huge commissions. All fans of this cryptocurrency can just wait for all the innovations of version 2.0 to take effect. But the developers seem to have promised to fix this problem as quickly as possible. After that, Ethereum will be even more firmly established in the crypto world.

I am waiting also about the improvements brought by eth 2.0, since it is still in the early stage, we haven't seen the effect yet. Maybe, once phase 2 is fully launched, we will feel its impact. But right now, we don't know when will that be. I hope very soon, so people are not speculating that eth is a joke.

[Princeofpoetry]

I think only certain coins are really up to following eth price, it can be said that the ERC coin has a good team, concept and development that will accompany the ETH movement.

There is no solution to the high gas problem. I think most of us have to wait for the next stage of ETH 2.0 development

[lienfaye]

Why does Ethereum look like a joke now? As for the low price of tokens on Ethereum, this depends on the true use value of the token project. As for the high transaction fees of Ethereum, this is a problem solved by Ethereum 2.0. Ethereum is still in the early stages of development.

Low value of erc20 tokens and high gas fee are not a basis to think eth is a joke. The price of tokens doesnt rely on eth price itself. If these tokens are useful and has a purpose, investors will suppport it for seeing its usefulness that might solve a real problem. Then the price will increase regardless of the market situation.

Just wait because alts season are not here yet.

[MrMcKinney]

I don't think ethereum projects should lean on the ETH price, thats not how it should word especially when they have their own market - I wouldn't want to invest in a project under ETH that only follows it value.

[rainingbitcoins]

Ethherium indeed often makes a lot of investors surprised because it goes up and down very quickly, besides that etherium also never makes the dump too low and the pump is too high. etherium itself often follows the movement of the public market and can be said to be stable on the chart on the trade chart.

[777Jolami]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

It's great to see the halo return.  Overview of the price increase of ETH in the past time.  I see that it is really different from what was experienced in December 2017. It seems that ETH price has split from consensus with value from the rest of the coins.  Will it be the same in the future as bitcoin's price?  and the cycle of allcoin dependence on the price of ETH has changed?

[1l1l11ll1l]

Waiting for the process to see Ethereum has a price commensurate with Bitcoin's current rise. But the rapidly increasing transaction fees don't make sense in my opinion.

Yes, almost everyone wants to see the Ethereum price at a very high number, but because the transaction fees on the platform have also gone up, this has led some people to complain and choose to trade in other options.

quite unavoidable, considering that almost all projects use the ethereum protocol, these fees can hardly be avoided. I don't think there are many options we can choose either. it's just that ethereum really needs to be faster in updating ethereum 2.0 to fix this gas fee issue

[Wipeout2097]

I moreover felt the gas cost was truly insane so I thought of holding back or doing exchanges, but of late Ethereum-based ventures exceptionally tall exchanges and make to higher gas costs. I lament not moving the token some time recently the expanded activity on the exchange Altcoin I've been speculating approximately  since speculators as it were center on big coins and don't fascinated by getting to Altcoin so it doesn't have much of an effect on altcoin costs.

[plr]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

What happening now is very much different from what we've experienced back 2017, so many altcoins cannot keep up with the price, they are even going down, I have some altcoins losing it's value and I cannot sell it also because the fee is eating up my profit, this is indeed a dilemma for some altcoins holder that are on Ethereum.

[imstillthebest]

why are you blaming eth for erc20 tokens not going up , they maybe related but they wil not move the same way  at all times .
 its the btc that are getting the blame when it comes to talk like this ( alt , erc20 season ) but in my opinion btc is the same as eth and btc arent also responsible for others price , people cant just quit the blame .
 i wouldnt call this an issue but the high eth fees is a valid issue . before wishing for erc20 to bloom , wish first that eth fees will be fixed because you cant still be able to sell your erc20 with this high fee  we have

[iv4n]

why are you blaming eth for erc20 tokens not going up , they maybe related but they wil not move the same way  at all times .
 its the btc that are getting the blame when it comes to talk like this ( alt season ) but in my opinion btc is the same as eth and btc arent also responsible for others price , people cant just quit the blame .
 i wouldnt call this an issue but the high eth fees is a valid issue . before wishing for altcoins to bloom , wish first that eth fees will be fixed because you cant still be able to sell your alts with this high fee  we have

Ethereum is one thing, apps built on Ethereum network are something different! Anyone can make ERC20 token, why would that token rise with Ethereum?
It's hard to talk about these things, first I think that many people have high expectations, second there're so many things and projects around, it's hard to imagine all of them only going up! It's like impossible, there aren't so many people in crypto after all, you need to think that many people move money from one to another.

[maldini]

In the event that you have a difficult agreement what's up with most tokens you have put resources into, I will guidance you leave such tokens and put resources into Ethereum itself. Furthermore, concerning Gas exchange expenses, it goes up down at specific occasions, it's ordinary in the crypto market. All aficionados of this cryptographic money can simply sit tight for all the developments of adaptation 2.0 to produce results. However, the engineers appear to have vowed to fix this issue as fast as could reasonably be expected.

[seramania]

it doesn't mean if ethereum price growing then all tokens that created on ethereum blockchain will grow too my friend
because its depends with the project itself, not depends on ethereum price, you should know about that
regards

the project must stand alone and independently based on the solidity of a team. so there is no effect at all even though it correlates with ethereum, because basically after the token is publicly listed what determines the development of tokens is supply and demand not depending on the increase in coin prices

[Alexmagn84]

I think is usually happen when bitcoin dump altcoin will dump and waiting for bitcoin raise to higher price again to see how altcoin can allowed with bitcoin price.  ETH able to pump since BTC is already too high yet it's not enough reason for other coins to also increase in price. Other  investors were trying to put some hype on ETH but it doesn't mean other projects will be affected.

[Ryushin]

It's not a complete joke yet, high gas shouldn't make a good project a complete joke, the team should be the ones responsible on working something new out to help the gas fee be more affordable for small users, EIP1559 is said to be coming and I hope is does come cos we waited too long for ETH 2.0

[nykka]

Ethereum ecosystem is in very bad situation for now, so I don`t think we will see a big growth of ERC-20 tokens. I think today is a bullrun of new blockchains, which compete with each other and suggest some new technologies. Ethereum time will come only after Eth 2.0 launch. It`s my opinion and maybe I make mistake, but I don`t believe in Ethereum big growth after reaching 1200$

[Argoo]

you're mistake bro, other altcoins (Ethereum-based tokens) not following the Ethereum price, depending on the performance of the token itself.
Indeed, ethereum transaction fees are unstable and so high, that's because ETH 1.0 can only support 30 transactions per second which causes delays and congested.
i hope Ethereum 2.0 can solve this problem.

Indeed, the bandwidth of the Ethereum network is still very low and Ethereum 2.0 should remedy this situation. Moreover, it arose precisely due to the fact that the Ethereum platform is very popular. We need to wait a bit and the scalability of this coin will increase a lot after it is updated.
We expect a significant rise in the price of altcoins after bitcoin reaches its new price peaks and funds begin to flow into cheaper promising altcoins.

[shushu9977]

We know that ethereum price is really good position. That's way, the transaction fee is very high to withdraw. If the withdraw fee can low, it is very good for us. I also sell ethereum to buy usdt for low withdraw fee.

[coiner-88]

It's about the huge name that previously got by Ethereum and the interest gets unified into the Ethereum. That is the reason even the gas is exceptionally high yet a few people are as yet utilizing it to exchange or different things. It is conceivable to expect constantly a sharp expansion in ETH throughout the most recent couple of days, and it has not been true to form and you begin to give explanations behind this.

[masterrex]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

I agree with you mate, I'm also disappointed with Ethereum today, every time I send an ERC20 token I feel the Network robbed me, thats, why I'm slowly turning away with this coin Because it is not the same Ethereum that I was using before, and what I'm seeing now, is a greedy version of Ethereum so it's not good to remain idle many good platforms out there that have more stable, fast and reasonable transaction fees. 

[fullhdpixel]

Waiting for the process to see Ethereum has a price commensurate with Bitcoin's current rise. But the rapidly increasing transaction fees don't make sense in my opinion.

Yes, almost everyone wants to see the Ethereum price at a very high number, but because the transaction fees on the platform have also gone up, this has led some people to complain and choose to trade in other options.

quite unavoidable, considering that almost all projects use the ethereum protocol, these fees can hardly be avoided. I don't think there are many options we can choose either. it's just that ethereum really needs to be faster in updating ethereum 2.0 to fix this gas fee issue

Well bitcoin has dropped 10% in the last week and ethereum didn't dropped, it has increased tiny bit and not a lot but didn't dropped (well dropped but recovered). That should show you how people still use ethereum like crazy and will not be dropped. I would say with the 1559 or 1519 whatever that was which removed the fee from miners and just make it regular rewards? That will definitely make sure that the structure will be time based, so there will be a certain amount of transactions put into a block, will be mined and go past, and then next, money will not be that important anymore hopefully.

Whatever happens I am sure that ethereum foundation still on dropping the fee as well as working towards making 2.0 a reality, sure it will not be quite fast but it will definitely happen. I hope that we will see it in 2021 and drops like under 1 dollars, but even if we do not that doesn't mean price of ETH will go down.

[ik5656]

ETH is the power blockchain project, Don't Need Bank for Financial dill, ist easy for ETH Blockchain technology

[m2017]

What are the chances that SEC will regulate this project? If this happens, the price will collapse. If this does not happen, then Ethereum has a good chance to rise in price. If BTC has updated the previous maximum in price by 2 times (from $ 20k to ~ $ 40k), then ETH should rise in price by at least 2 times, and this turns out to be ~ $ 3k-4k.

[ene1980]

What are the chances that SEC will regulate this project? If this happens, the price will collapse. If this does not happen, then Ethereum has a good chance to rise in price.

There is a high chance that SEC will intervene when the price is rallying high taking the market down, with happened with XRP and the lawsuit, i am expecting something similar as ETH also conducted an ICO and collected money from everyone even from the US and i am sure they will cite this reason and file some sort of lawsuit in the near future.

[bitcoinst]

Don't be silly. Ethereum is as strong as ever.
Compare with Bitcoin, it fell by almost 30%, while Ethereum fell by about 20%, and it is likely that the next time the cue ball rises, it will beat ATH.

[Ureung jameun]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

the increase in transaction fees made me delay all transaction processing until the transaction fees were low again. because I don't have enough capital to finance several altcoins in my Ethereum wallet (Erc20). for now I can only wait for the transaction fees to return to normal. I hope ethereum developers do their best for the convenience of Eth wallet users soon.

[milewilda]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

the increase in transaction fees made me delay all transaction processing until the transaction fees were low again. because I don't have enough capital to finance several altcoins in my Ethereum wallet (Erc20). for now I can only wait for the transaction fees to return to normal. I hope ethereum developers do their best for the convenience of Eth wallet users soon.

I had missed lots of opprrunity to make some profits due into this fee problems. I have several coins that are on profits but but not really that big but making out several transactions can really fuck it up thats why i decided not make out transactions and wait up for fees to subside before continuing but of course i have to deal with less profits due to ik being much late since those coins are already in correction.solution? They should really find off because if situation would continue like this then i would really doubt on what would be the future lies ahead for eth.there are lots of alternative that can be chosen and can be used by masses.

[optimisticcm]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

It is bull market and even in the last bull market we saw network congestions and high gas fee but even those issues didnt prevent ethereum price to moon so same will be the case this time around as well, some people will keep complaining and ethereum's value will keep rising.

[Saisher]

It is bull market and even in the last bull market we saw network congestions and high gas fee but even those issues didnt prevent ethereum price to moon so same will be the case this time around as well, some people will keep complaining and ethereum's value will keep rising.

But the complain is mounting and if this take a long period of time, we'll see a migration of users from Ethereum to another chains, there's a lot of new chain coming in and they could become a serious threat for Ethereum in the future, if you check this section what we all see are complaints coming from unsatisfied users, this cannot keep up longer.

[coinswebid]

It doesn't look like altcoins will pump hard this time around, it's still shocking that many ERC20 tokens under Ethereum are not really appreciating in value even when Ethereum reached 1200$, I have nothing to say than to ask what the heck is going on.

Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

even now the fee was more than $25, and thats make me scare
to send ERC20 about $20 we need more than that amount to pay the fees,
hopefully eth foundations will give a good solutions about this in the near time

[MCobian]

I think Ethereum is a good choice for investment. Even Ethereum's performance this year has been excellent. Indeed, regarding the gas fee of
Ethereum problem is very worrying, there is no best solution that can solve this problem, besides waiting for the fee to go down. But no project is
perfect, so the gas fee of Ethereum is very high right now. It's not that we aren't worthy of investing in Ethereum. I am also holding a few ERC20 tokens,
it is quite expensive gas fees when they are sent to the exchanges. There's no other way I'll HODL for a while, until the gas fee decreases.

[dainoran]

even now the fee was more than $25, and thats make me scare
to send ERC20 about $20 we need more than that amount to pay the fees,
hopefully eth foundations will give a good solutions about this in the near time

yes, the fees are quiet expensive right now. i'm sure that a little holders don't want to do any transactions right now. the bounty hunters and airdrop claimers also will avoid to get an ERC20 token since they just earn a little bucks from their work. their earnings will be run out for paying the gas fees. but ETH itself is good for invesment. they just have a fee problem to solve.

[Twinkledoe]

even now the fee was more than $25, and thats make me scare
to send ERC20 about $20 we need more than that amount to pay the fees,
hopefully eth foundations will give a good solutions about this in the near time

yes, the fees are quiet expensive right now. i'm sure that a little holders don't want to do any transactions right now. the bounty hunters and airdrop claimers also will avoid to get an ERC20 token since they just earn a little bucks from their work. their earnings will be run out for paying the gas fees. but ETH itself is good for invesment. they just have a fee problem to solve.

Eth 2.0 is not fully launched, so maybe this is the reason why we are not yet experiencing the effect of it. But I believe, eth team is already resolving this issue. Because if not, developers and other traders will just go to other platforms. But don't think that eth is a complete joke. If they are, they will not achieve this much in the market. Also, if people don't believe on eth, the price will not be like this in the market, attaining a new ATH.

[motun01]

Before you say ERC 20 tokens are a joke, you should understand the reason why the huge pump happened in ERC 20 tokens back in 2017.
People initially believed that they missed out on the bitcoin price rally and they searched for the next best thing, and the crypto space wasn't saturated with shitcoins then, so it was a lot easier for cojns & tokens of average projects to pump hard..

However this time around, everyone knows that BTC is still undervalued as it is so everywhere wants a piece of the pie and thus the low movement in altcoins

[Maslate]

Before you say ERC 20 tokens are a joke, you should understand the reason why the huge pump happened in ERC 20 tokens back in 2017.
People initially believed that they missed out on the bitcoin price rally and they searched for the next best thing, and the crypto space wasn't saturated with shitcoins then, so it was a lot easier for cojns & tokens of average projects to pump hard..

We can't expect that these shitcoins will follow ETH as they are already in the dead for a long time. I may think that OP is making a joke as well, he might be holding those Sh...ns, he can't sell it as their value is smaller than the fees he pays for. Of course, I will never sell it.

Not sure but most altcoins holders now are wanting to sell their coins but it is the fees stopping them (I'm one of them, actually).
They just going to have some joke to ease their feeling and disappointments. It will be fine soon when the market slows down a little bit.

[lalabotax]

True. Even if the price of Ethereum is increasing fast, we have a problem on gas fee. It is getting expensive and people who have ERC20 tokens are starting to feel uncomfortable with the gas price. I support the idea if it should be fixed to make all parties in crypto bussines take a part on the bullish trend happily.

[SaveOurSea]

True. Even if the price of Ethereum is increasing fast, we have a problem on gas fee. It is getting expensive and people who have ERC20 tokens are starting to feel uncomfortable with the gas price. I support the idea if it should be fixed to make all parties in crypto bussines take a part on the bullish trend happily.

very disappointing to have an ERC20 token and hold it in a wallet, it really frustrates me even though the tokens I have have increased by almost 50% and I will sell them, but GAS on Ethereum is very expensive, of course this prevents me from being able to withdraw in a private wallet to the wallet exchange, especially at the current Uniswap. Fees are also very expensive, we have to pay over $ 30 for one trade, terrible

[bryant.coleman]

~
Another issue is the insane gas fee of ethereum, I have been holding ERC20 tokens the most and to even sell right now is killing me inside because it costs over 10$ to move my ERC20 tokens to exchange, I might just have to give up on this heartbreaking Ethereum blockchain

From what I could see, it has gone much higher. When the OP made this post, the transaction fee was around $10. It has increased by almost 100% since then. Imagine this. A bounty hunter selling his token needs to dish out $40 just to move his coins (tokens from his ERC-20 wallet to exchange, and then ETH back to the personal wallet). If he receive $50 worth of tokens, then it will be reduced to just $10. This is so unfair to small scale users. And the situation with Bitcoin is even worse. I saw a thread, where an user mentioned that he paid $50 as fee for a single transaction.

[zerogrown]

We can all agree about the ridiculous gas fees. But to think that ETH is still exploding, goes to show how big they are. DEFI and ETH 2.0 are the biggest factor for ETH rising. Ethereum is not joking anymore.

[JahriMeayer]

Some good erc-20 tokens makes me disappointed cause they fail to pump at the level that they deserve. its okey as it isn't compulsory to pump altcoin along with eth.but its really annoying when we need to give high fee link $10-$15 for transactions erc-20 tokens.even the day before yesterday fee was around $30 to $35. I need to transaction my token but i decided not to do so now because of high fee.and unable to do trades on exchanges to exchanges.

[TimeTeller]

Some good erc-20 tokens makes me disappointed cause they fail to pump at the level that they deserve. its okey as it isn't compulsory to pump altcoin along with eth.but its really annoying when we need to give high fee link $10-$15 for transactions erc-20 tokens.even the day before yesterday fee was around $30 to $35. I need to transaction my token but i decided not to do so now because of high fee.and unable to do trades on exchanges to exchanges.

You are not alone in this dilemma. And the bad thing here is, if the token that you want to trade with goes down already.
A lot of eth tokens decline its price as time goes by, as most of them can't achieve their goals.
So it is high likely that you will be holding worthless tokens or with low value tokens that is not worth sending to exchanges.
I hope eth team is doing their best to improve these gas efficiencies before a lot of people divert their attention to other promising platforms.

[Nighthog]

in this bull run it did not happen like in the others and not all the altcoins and tokens followed the upward trend of bitcoin many erc 20 tokens remained at medium-low values ​​and the fees for their movement are about 15 $ !!! and for a swap even $ 30, sums unacceptable at least for me, even if eth is growing in value, i think i will abandon it, with all its tokens at least until the fees are reasonable again

In general if Crypto wants to win, fees have to minimal or nothing. Or the competition that does it will win the mindshare of users, being decentralized or not.