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Author Topic: Report ETH for SCAM because $80 fees  (Read 784 times)
Beparanf
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February 04, 2021, 01:06:35 PM
 #41

Its asking $70 gas fee now on LOW (for token!)

Cheaper to buy plane ticket and deliver tokens personally!

Scalability issue is not a problem of ETH alone. Actually Bitcoin suffers that problem that's why many Blockchain Project exist to solve this problem. But buying plane ticket to deliver your token is a fact too.  Cheesy

Just avoid transferring ERC20 tokens if you want to avoid high fees. I'm sure it will go down soon.

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muenze (OP)
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February 04, 2021, 02:04:20 PM
 #42


All we could do now is wait or put it to lower fees with slower tx time and wait for a day to arrive.

I tried it because I know with bitcoin even very low fees will go thru. It did not work for me with
ETH. Even after a day the token was still pending. Also I am not sure it would work with Uniswap
anyways.

Is there no Uniswap on other blockchains that also have a lot of tokens?

It was amazing to be part of Bitcointalk for a little while. Thankyou. https://bitcointalk.org/index.php?topic=5316241.0
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February 04, 2021, 02:07:52 PM
 #43

We should make a thread in Scam Accusation forums because ETH steal $50 on transaction fees for simple token transfer.
Some transfers in MetaMask show as $120.... WTF!

Meanwhile other projects as KoinOS have $0 fees and Uniswap will run just fine on it too some day.

I predict ETH crashing again from $1500 to $80 like with last crash. ETH is an expensive scam coin that is the AIDS of crypto.
Remember all the scam ICOs on ETH? How many billions people lost?

And now $50 on token transfers??

All ETH ever did was ruin crypto. Its not a good project except for the billionaires who bought it for $0.25.

Not even Paypal ever had such horrible fees as ETH.

I rather pay an old man with a mule $50 for token transfer than pay $50 on eth.
Can also just call an UBER to transfer your token, much cheaper than ETH!

So what are some alternatives? What platforms can UNISWAP also run on easily
with low fees?

I already say KoinOS but they are very early (like buying eth for $0.25, still UNDER
1000 holders!!) but what are some other projects? Preferably around $100m market cap or lower?
What's your problem with others spending high fee on eth transactions? And moreover before making the transaction you can see how much the network will charge clearly so if you don't like what you saw there is no one forcing you to proceed with the transaction, why would we call Ethereum a scam before of this?

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CuriousGeorge
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February 04, 2021, 03:09:38 PM
 #44


All we could do now is wait or put it to lower fees with slower tx time and wait for a day to arrive.

I tried it because I know with bitcoin even very low fees will go thru. It did not work for me with
ETH. Even after a day the token was still pending. Also I am not sure it would work with Uniswap
anyways.

Is there no Uniswap on other blockchains that also have a lot of tokens?

It will never work because ethereum was using the different mechanism than bitcoin. When you are sending tx with small gas and your gas will be consumed but the block will be rejecting your transaction as it doesn't meet the minimum requirement to be confirmed by the block.

You are only wasting your money if you are sending the tx with low fees. It will never be executed (out of gas).
The only chain that has a lot of tokens were tron and polkadot/

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February 04, 2021, 06:24:30 PM
 #45

We should make a thread in Scam Accusation forums because ETH steal $50 on transaction fees for simple token transfer.
Some transfers in MetaMask show as $120.... WTF!

Meanwhile other projects as KoinOS have $0 fees and Uniswap will run just fine on it too some day.

I predict ETH crashing again from $1500 to $80 like with last crash. ETH is an expensive scam coin that is the AIDS of crypto.
Remember all the scam ICOs on ETH? How many billions people lost?

And now $50 on token transfers??

All ETH ever did was ruin crypto. Its not a good project except for the billionaires who bought it for $0.25.

Not even Paypal ever had such horrible fees as ETH.

I rather pay an old man with a mule $50 for token transfer than pay $50 on eth.
Can also just call an UBER to transfer your token, much cheaper than ETH!

So what are some alternatives? What platforms can UNISWAP also run on easily
with low fees?

I already say KoinOS but they are very early (like buying eth for $0.25, still UNDER
1000 holders!!) but what are some other projects? Preferably around $100m market cap or lower?

can only laugh after reading the topics that you have created at this time. because it is impossible Ethereum SCAM just because of high transaction fees. and this incident is detrimental to many people in making transactions using the Ethereum platform. but we can't do much when transaction fees are high. all we can do is delay the transaction until the transaction fees return to normal. so don't immediately say that the Ethereum Scam because people will not trust you.

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February 04, 2021, 08:35:06 PM
 #46

I understand you, I also have to spend a lot of money for commissions, but I do this because some of the cryptocurrencies that I have in my portfolio start to grow and I want to sell them and I have to give a lot of money for transfers of any cryptocurrencies that are created on the Ethereum blockchain and unfortunately the Ethereum developers are in no hurry to fix this problem and this is very bad, but all the same, as we see the price of Ethereum is growing and there are more and more cryptocurrency projects on the Ethereum blockchain, so I don’t think that Ethereum developers somehow worry about huge commissions.
I do not get how ethereum could continue like this when we still pay stuff from it, as long as we pay it, they will continue this. However this late surge is really not something I am fine with or will ever be fine with, it really makes zero sense to me honestly. Think about it, we are talking about 20-30 bucks charges now, peaked at as much as 80 bucks, how could that be anything decent and how could that be even remotely understandable. We have to get EIP 1559 happen very quickly, and wen eed to get rid of proof of mining and move to proof of staking very quickly.

At worst case we will live in a world where people will pay small fee and wait long hours to get it, we will complain about waiting 24 hours to get it, but it will still be cheap at least and I would prefer that, right now I can't even say "I will wait 48 hours if I have to as long as I can pay cheap" because that is not even an option anymore.

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February 04, 2021, 08:40:25 PM
 #47

We should make a thread in Scam Accusation forums because ETH steal $50 on transaction fees for simple token transfer.
Some transfers in MetaMask show as $120.... WTF!

Meanwhile other projects as KoinOS have $0 fees and Uniswap will run just fine on it too some day.

I predict ETH crashing again from $1500 to $80 like with last crash. ETH is an expensive scam coin that is the AIDS of crypto.
Remember all the scam ICOs on ETH? How many billions people lost?

And now $50 on token transfers??

All ETH ever did was ruin crypto. Its not a good project except for the billionaires who bought it for $0.25.

Not even Paypal ever had such horrible fees as ETH.

I rather pay an old man with a mule $50 for token transfer than pay $50 on eth.
Can also just call an UBER to transfer your token, much cheaper than ETH!

So what are some alternatives? What platforms can UNISWAP also run on easily
with low fees?

I already say KoinOS but they are very early (like buying eth for $0.25, still UNDER
1000 holders!!) but what are some other projects? Preferably around $100m market cap or lower?

ethereum fees high because the price of ethereum high mate,,
and this is not a scam,but i hope soon the ethereum dev team will solve this transactions fees issue

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February 04, 2021, 09:48:00 PM
 #48

Guys what are you arguing about, which dogecoin. People I do not understand you what choice you are talking about.
Choice of making a transaction cheaper. You don't know Dogecoin?

How can you make an operation cheaper with Dogecoin?)) Are you laughing?) Any connection with Ethereum will require you  15-20$.

Guys what are you arguing about, which dogecoin. People I do not understand you what choice you are talking about. 99% of the tokens based on Ethereum, I agree to leave the ether and not see it in life, only we are all in chains and dependent on the ether. You yourself know and participated in the bounty.

 those who are talking about doge, which project is using the doge network?

You see the person has no idea what they are talking about)) instead says to use dogecoin

I think traditional banking is cheaper than certain blockchains lately.  Cheesy Use Doge. I heard it is cheap af to send money on doge. (till it is not at least)



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February 04, 2021, 10:21:47 PM
 #49

I don't agree with you if you have to say ethereum is scam, it's just a matter of fees for everyone so give the team time to solve this problem and hopefully the team also hears everyone's screams

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February 04, 2021, 10:43:56 PM
 #50

I don't agree with you if you have to say ethereum is scam, it's just a matter of fees for everyone so give the team time to solve this problem and hopefully the team also hears everyone's screams
The team will never solve this problem if the community don't push it. Do you know that? the solution already created on EIP 1599 but the greedy miners were preventing it to happen.
I do agree with the solution that will be given by EIP1599 but some greedy miners are against it.
that's crap. The blockchain is not only owned by miners. They will not get money if there's no buyers on the market.
Each swap transaction on various swap service needs at least $130 USD. It's his personal opinion to call it as a scam but everyday the fees became even crazy. Imagine you just pay $100 for the fees.
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February 04, 2021, 11:02:02 PM
 #51

For Fee management there is a site where you can check Eth gas fee
https://etherscan.io/gastracker 
Check Regularly gas fee (GWEI) here and when GWEI less than 100 make your transaction. Also set your GWEI to 100. It will cost you 10$-20$ only
I like Eth but it seems "transaction" fees for lack of better word.. are getting ridiculous.

Uniswap just sucks your etherium up for any swap.

I swear it is the main reason etherium is going up so hard. Because you have to use so much of it for any transactions.
If transaction fee was low like BSC or Huobei price will be 3k now

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February 04, 2021, 11:14:56 PM
 #52

When I make a transaction using eth network the fee is high. The amount fee cost $50 ore more than the token I’m selling. Many users are already complaining because of this gas fee when you use this ethereum. I hope they will do something about it to lessen the fees since everyone is using this network.
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February 04, 2021, 11:16:34 PM
 #53

We should make a thread in Scam Accusation forums because ETH steal $50 on transaction fees for simple token transfer.
Some transfers in MetaMask show as $120.... WTF!

Meanwhile other projects as KoinOS have $0 fees and Uniswap will run just fine on it too some day.

I predict ETH crashing again from $1500 to $80 like with last crash. ETH is an expensive scam coin that is the AIDS of crypto.
Remember all the scam ICOs on ETH? How many billions people lost?

And now $50 on token transfers??

All ETH ever did was ruin crypto. Its not a good project except for the billionaires who bought it for $0.25.

Not even Paypal ever had such horrible fees as ETH.

I rather pay an old man with a mule $50 for token transfer than pay $50 on eth.
Can also just call an UBER to transfer your token, much cheaper than ETH!

So what are some alternatives? What platforms can UNISWAP also run on easily
with low fees?

I already say KoinOS but they are very early (like buying eth for $0.25, still UNDER
1000 holders!!) but what are some other projects? Preferably around $100m market cap or lower?
I'm also confused, why gas fees from Ethereum are currently so expensive and there is no solution, because in my opinion gas fees from Ethereum are unnatural and it is like wanting to suck up our money, even though as we know other blockchain don't have gas fees that are as expensive as Ethereum (such as Binance, NEO, Tron, etc.), therefore I'm very confused about Ethereum, why Ethereum can't make gas fees are cheap even though other blockchain can do it and yes, I know if other blockchain are not used by many people, but I don't think this is the reason why gas fees from Ethereum can be expensive.
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February 04, 2021, 11:30:47 PM
 #54

Take it or leave it. I understand OP's sentiments. Fees aren't reasonable and yet we can't do anything but accepts it. Saying don't transact for now is not valid here of course as we follow our own path of doing trades.

If ETH price will rise more, we might be paying $100-$200 fees for low price tokens.

Forhow long should we bear this, there's really no answer.
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February 04, 2021, 11:45:18 PM
 #55

Don't take it too seriously, fees on the Ethereum network are very expensive, it happened last year, when the Ethereum price was above $ 500 then fees would also follow, especially when Ethereun fees were above $ 1000, of course the fees that we had to pay were also very expensive, and it happened. in the case of fees of up to $ 80? terrible, better to use Tron.

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February 04, 2021, 11:47:18 PM
 #56

I don't agree with you if you have to say ethereum is scam, it's just a matter of fees ~
True, it is only about expensive gas fees. And something we need to understand, Vitalik doesn't scam us. He shouldn't be happy with the current high gas fees because it possibly makes people move to other platforms with lower fees. It happened naturally because of high transaction activities on the Ethereum network. So, we need to be patient to wait for the solution made by the Vitalik teams.

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February 04, 2021, 11:56:38 PM
 #57

Gas fee becomes everyone's nightmare, I use mew app for most of my erc20 transfer and in the app it has 3 transfer option, (economy, regular and fast) so it is either you have eth to meet with any of the 3 option provided otherwise you can not just set the fee lower than what is given, in this case, you don't have much option than to choose either one of the options if the transfer is very necessary.
It is very disheartening the gas fee has skyrocket and I don't know if there will be a solution soon.

I have a lot of new altcoins that I need to transfer to the exchange but with the very high gas fee I don't think it's worth sending, I will have to wait for the time that the gas fee is much lower I cannot spend $20 for an $80 worth of transaction if you are a bounty hunter gas fee is sure to kill your motivation, there should be a fix on this, new projects should just create on other platforms that offer cheap transaction.
I really miss Eth's good old days I wish there's a fix on this.

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February 05, 2021, 04:01:13 AM
 #58

I fully support you with the horrendously expensive transportation costs. But I tried to send funds through MEW and my commission was less than Metamask. But a lot also depends on the token that you send.
Maybe MEW was taking the fees from a different source. Any gas tracker service will be using a different calculation. The token will determine how much gwei will be paid by the senders.
The altcoin will charge more fees compared to when someone was transferring his ethereum to another wallet.

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February 05, 2021, 05:00:50 AM
 #59

This is a troublesome thing. I myself, after working on the bounty, have had many problems with Ethereum fees, which are currently quite high. many people complain that they get losses due to increased transaction fees. Apart from payment delays, I also have to spend quite a lot of fees to send tokens. Like it or not, right now I am delaying sending tokens until the gas fee goes down .Defi and trading on Dex made solid transactions plus the ethereum price hike

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February 05, 2021, 05:32:15 AM
 #60

This is a troublesome thing. I myself, after working on the bounty, have had many problems with Ethereum fees, which are currently quite high. many people complain that they get losses due to increased transaction fees. Apart from payment delays, I also have to spend quite a lot of fees to send tokens. Like it or not, right now I am delaying sending tokens until the gas fee goes down .Defi and trading on Dex made solid transactions plus the ethereum price hike

If you are usually doing transactions with low value (lower than 100$ or so), to monetize your Bounty rewards as you said than it's really a bad time at the moment and every needed transaction has a real impact on your profits.
Let's not even talk about stuff like providing liquidity on Uniswap or Yield farming where you need to do multiple transactions to get it running. If you want to Yield farm with tokens that are worth less than 1000$ you really have to calculate how long you need to keep it in the farm before you are actually making profits because of the high fees.
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