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Author Topic: Report ETH for SCAM because $80 fees  (Read 784 times)
JooBra
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February 10, 2021, 08:48:35 PM
 #121

Earlier, people used Ethereum as an alternative way due to the high transaction fees of Bitcoin.

Nowadays in some cases, the transaction fee of Ethereum is much higher than that of Bitcoin. I still don't understand why people use Ethereum without using the Real Bitcoin! When I'm writing this post, BTC transaction fees for the next block is 102 sat/byte and 7 sat/byte for the next 6 blocks. I can't see any reason for using ETH now.
If you use your crypto for trading then you can go with other platform that is nor erc20 based. But the problem starts with erc20 tokens. When you are small investor you can afford to trade them just to wait and pray that price of them eill go x10 so you can afford the fees. It's not ETH fault its just how the market is atm.
JahriMeayer
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February 10, 2021, 08:54:12 PM
 #122

i have never imgaine that one day i need to give around $30-$40 gas fee for transfer ether. Even i was shock when i go to swap my token on uniswap. It was requiring $103 fee, when my token is $40 worth. That's redicilus but what to do? Opening thread on Scam Accusation can't solve this problem cause no one is going to fixed it. If you don't want to give that fee then there is no way to except stop transactions or wait until the market become normal (don't think, so is going to happened soon)

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bitcon
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February 11, 2021, 03:51:35 PM
 #123

The fact that users have been complaining about high fees on the Ethereum network for several months does not change anything. Fees are not falling, but only growing. Because the volume of transactions grows, the load on the network grows, the processing time increases and the most impatient pay such amounts. There are two ways out of the situation: either do not carry out ETH transactions, or put up with commissions and conduct.
Tash
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February 11, 2021, 05:19:07 PM
 #124

i have never imgaine that one day i need to give around $30-$40 gas fee for transfer ether. Even i was shock when i go to swap my token on uniswap. It was requiring $103 fee, when my token is $40 worth. That's redicilus but what to do? Opening thread on Scam Accusation can't solve this problem cause no one is going to fixed it. If you don't want to give that fee then there is no way to except stop transactions or wait until the market become normal (don't think, so is going to happened soon)

Have seen another guy some other place complain about that it will cost a $200 fee.
It becomes obvious that this is not a workable project. The only reason to puschase now is for pump and dump, and hope it pumps enogh for fees to be coverd.

Future of Bitcoin
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May 19, 2022, 05:19:49 AM
 #125

Good job op! You suggested Koinos when it was 1 cent. Now its 30 cent! Thats x30!

The big advantage of KoinOS is it uses proof of BURN which is essentially proof of stake (so low energy) but it also has the decentralization of proof of work in it. Its a valid team, not scammers. They have been working together consistently for 6 years and are the most amazing team in krypto.Interviews with them on Youtube. Their first project was Steem/Steemit it was pretty good til Justin of TRX ruined it and they learnt a lot from that and are now doing the most decentralized Blockchain ever in crypto with all their experience. KoinOS is in my top5 altcoins that I will hold the next 5 years next to Bitcoin, I can see x100 maybe even x500. It will definitely be bigger than Avax, Polygon, Algorand..

Feels like buying BTC/ETH early. I love crypto. Please post more cheap projects guys! Stop with the shilling of top50 projects. Wall Street, Kevin oLeary, The Mooch, McAffee, Influencers ARE ALREADY IN THE TOP50 PROJECTS!! We need cheap ones!

ETH had $300 fees that day Luna crashed btw..... $300 !! Thats 1000 KoinOS which will some day be worth $100k? $1m?
Blowon
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May 19, 2022, 05:44:38 AM
 #126

Don't make a decision as soon as possible that ethereum is a scam, this happens because ethereum gas is very high because of the dex swap exchange which always makes the queue on the network very congested. There are fees like that which are even more expensive than what you are experiencing, which is very reasonable, because it is not only a transaction fee, but you also have to approve it and then send it back to your personal wallet, it will cost more than 2x the usual transaction fee.

Dr.Osh
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May 19, 2022, 08:06:52 AM
 #127

Don't make a decision as soon as possible that ethereum is a scam, this happens because ethereum gas is very high because of the dex swap exchange which always makes the queue on the network very congested. There are fees like that which are even more expensive than what you are experiencing, which is very reasonable, because it is not only a transaction fee, but you also have to approve it and then send it back to your personal wallet, it will cost more than 2x the usual transaction fee.
well, besides that, before making a transaction, the transaction can be canceled. however, when we confirm delivery, then we agree with it. So, I don't think it's a scam.
Ethereum has long been known to have very high transaction fees, and we have to look for opportunities to make transactions when gas is low. however, it's annoying, that's why I'm currently still using alternatives like BSC as an alternative coin. Until now I am also still waiting for the development of ethereum 2.0 which is rumored to have a low fee.

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spiker777
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May 19, 2022, 05:33:01 PM
 #128

Always check Etherium Gas fee on official Etherscan. Fee depend on Total transaction. If transaction become Greater fee will be high. At this time gas fee is only 1$ which is very low. Eth 2.0 is also second best option and we can hope that gas fee will be low after full release of This.

https://etherscan.io/gastracker

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