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Author Topic: Ethereum now looks like a complete joke  (Read 1099 times)
bittick
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January 11, 2021, 10:29:36 PM
 #21

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.

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January 11, 2021, 10:54:40 PM
 #22

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

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January 11, 2021, 11:09:08 PM
 #23

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.

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January 11, 2021, 11:13:33 PM
 #24

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.

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January 12, 2021, 10:49:47 AM
 #25

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.

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January 12, 2021, 10:59:05 AM
 #26

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.

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January 12, 2021, 11:33:15 AM
 #27

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.

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January 12, 2021, 11:33:32 AM
 #28

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

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January 12, 2021, 11:39:16 AM
 #29

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

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January 12, 2021, 11:39:49 AM
 #30

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

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January 12, 2021, 12:06:22 PM
 #31

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.

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January 12, 2021, 12:08:11 PM
 #32

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.

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January 12, 2021, 12:48:30 PM
 #33

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.

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January 12, 2021, 01:14:38 PM
 #34

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.
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January 12, 2021, 01:21:49 PM
 #35

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.

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slackovic
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January 12, 2021, 01:40:13 PM
 #36

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.

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kram31
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January 12, 2021, 02:08:12 PM
 #37

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
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January 12, 2021, 02:48:42 PM
 #38

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.
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January 12, 2021, 03:05:34 PM
 #39

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.

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January 12, 2021, 03:06:15 PM
 #40

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?

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