Ethereum now looks like a complete joke

[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 

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[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