Fivestar4everMVP (OP)
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Leading Crypto Sports Betting & Casino Platform
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February 04, 2021, 05:43:17 PM |
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Just wanna share this with you guys...maybe...just maybe it will help calm my nerves down I found what i consider a gem today, so i was in a hurry to buy some before more people discover it and the price begins to go up, being an erc-20 token and only listed on uniswap and 1inch, i needed eth and i had zero eth on my wallet, fortunately, i had about $163 usd in my local bank account so i immediately took out $150 usd to buy some eth, after successfully buying eth from a centralized exchange, i quickly withdrew it to my trust wallet, the exchange took about $22 usd for Ethereum transfer fees so i was left with about $128 usd when the eth hit my trust wallet. i quickly headed to uniswap to purchase my precious new found ticket to the moon, with my $128 usd in eth, i could have easily purchase about 2000 of the tokens but due to eth high fees, i brought it down to 1000 tokens so as to enable have some eth left for fees but surprisingly, when i clicked on swap, i was told that i don't have enough eth to cover the transaction fees, how much was the fees??? behold ! $87 usd, i was shocked, i didn't want to buy less than 1000 tokens so i decided to adjust the fees, after adjusting, i was able to bring the fee down to $42 usd, i was warned that my transaction might take a very long time before confirmation o might even be cancelled, i took my shot and clicked the submit button. so the wait began ... 1 hour -- i was still waiting for a confirmation 3 hours -- i was still waiting for a confirmation 4 hours -- i was still waiting 5th hour came and some where in the middle of it, i got a notification from trust wallet that my transaction has been confirmed... i was happy, i quickly rushed to etherscan to view the transaction. lo and behold,, the transaction was confirmed but the token purchase didn't pull through, it returned an error saying like purchase wasn't successful due to low gas shit shit shit...WHAT THE F...KING HELL .. my $42 usd gone just like that ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?? i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees.
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AB de Royse777
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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February 04, 2021, 06:53:56 PM |
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in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees.
Vitalik has nothing to do here. Getting mad at the family was obviously sign of out of control It's none of their fault but yours unfortunately. You did not do your due diligence and did not calculated the fees you will need in all these transactions you were going to do. Anyway, here is the bright side - maybe this moon coin will have heavy dump, maybe 200%+ dump and you would losing all your investment. It happened with most of us in the past. Not all coins are going to the moon, it's just an emotional response. Good thing that you have $86 in your pocket :-D
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JeromeTash
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Heisenberg
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February 04, 2021, 07:57:08 PM Last edit: May 14, 2023, 04:11:17 PM by JeromeTash |
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Why would you blame Vitalik for the wrong choices you made and your inability to know what the current ETH gas prices are? There are basically so many tools you can use to estimate the gas price before you even decide you move or trade your assets such as https://ethgasstation.info/Look at the current gas price for the traders. It's so high, even an insane person wouldn't think about trading right now ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F14%2Fblob34eebe11e8b4f282.png&t=665&c=-UhbHNhNwTxGvg)
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JooBra
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2021, 08:08:48 PM |
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ETH is at ATH and with that the high gas prices come. I'm sorry for you but it is like that now. The ETH 2.0 should solve that problem. If you really want to transfer funds try use other coins not eth based so you have lower fees.
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Reid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2021, 08:29:49 PM |
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Dude. You have problems. How did it suddenly became your wife and kids fault?
There's a chance you made the error yourself. Have you checked the transaction again? It may be because of too much thrill to buy the token that cloud your decision. But again, you should go see a doctor first. You play the blame game like a crazy dude.
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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February 04, 2021, 08:49:10 PM |
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Token transfers are really a problem right now. Lots of ERC20 token-based projects are dealing with high fees right now and they don't have a choice. That's why other projects are looking for a possible internal transfer instead that might be a good solution compare to hugging the current fees. Should be solved once ETH 2.0 100% deployed.
What's the difference between choosing $42 to $87 fees in terms of average confirmation time? If not that much you should accept that $ 87 fee if you really believed that gem of yours will give you an excellent ROI in the near future.
Supposedly the transaction should be push through even you used low gas but unfortunately, that didn't happen so I understand your situation (but not on the part that you will be angry with your wife and kid). Get up man and move on. Try to always become positive even there's a worst happen to you.
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doctor877
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2021, 09:36:42 PM |
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its really sad because have been there before. day by day it really getting out of hand and some people are already thinking of an alternative like a low transaction fee chain. for now i am off trading of coins that requires very huge transaction fee.
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k@suy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2021, 10:37:25 PM |
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I understand you mate, recently I transferred my coin to an exchange which I will earn a hundred dollar only and guess what, I need to pay 9$ for the gas, we need to understand that during these days when eth is at high price and continues to pump the transfer fee or the gas is too much and network is very congested. if you really need to send that coin you need to endure that, but if you don't and you believe that coin will continue to pump soon so wait for it.
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velive08
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 04:12:28 AM |
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ETH problem often faced by many people is the high gas fee price. My advice is to increase the gas 2 times than usual but with the consequences of high gas fees. so that transactions can be immediately confirmed properly and run quickly
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wxa7115
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 05:38:36 AM |
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Just wanna share this with you guys...maybe...just maybe it will help calm my nerves down I found what i consider a gem today, so i was in a hurry to buy some before more people discover it and the price begins to go up, being an erc-20 token and only listed on uniswap and 1inch, i needed eth and i had zero eth on my wallet, fortunately, i had about $163 usd in my local bank account so i immediately took out $150 usd to buy some eth, after successfully buying eth from a centralized exchange, i quickly withdrew it to my trust wallet, the exchange took about $22 usd for Ethereum transfer fees so i was left with about $128 usd when the eth hit my trust wallet. i quickly headed to uniswap to purchase my precious new found ticket to the moon, with my $128 usd in eth, i could have easily purchase about 2000 of the tokens but due to eth high fees, i brought it down to 1000 tokens so as to enable have some eth left for fees but surprisingly, when i clicked on swap, i was told that i don't have enough eth to cover the transaction fees, how much was the fees??? behold ! $87 usd, i was shocked, i didn't want to buy less than 1000 tokens so i decided to adjust the fees, after adjusting, i was able to bring the fee down to $42 usd, i was warned that my transaction might take a very long time before confirmation o might even be cancelled, i took my shot and clicked the submit button. so the wait began ... 1 hour -- i was still waiting for a confirmation 3 hours -- i was still waiting for a confirmation 4 hours -- i was still waiting 5th hour came and some where in the middle of it, i got a notification from trust wallet that my transaction has been confirmed... i was happy, i quickly rushed to etherscan to view the transaction. lo and behold,, the transaction was confirmed but the token purchase didn't pull through, it returned an error saying like purchase wasn't successful due to low gas shit shit shit...WHAT THE F...KING HELL .. my $42 usd gone just like that ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?? i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees. You never know this could be a blessing in disguise, what if the coin you thought was going to the moon crashes instead? In that case the expensive transaction fees of ethereum would have saved you a few dollars. I know you are mad but this happens all the time with ethereum, it seems altcoins are once again gaining momentum and when that happens the fees of ethereum get really expensive, I think this is the second thread that I have seen today complaining about the fees and there is no way around it except to pay more for the fees or wait until the fees are cheaper and by the time that happens most likely you would have lost the opportunity to buy the coin you wanted for the price you would have liked.
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Renampun
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 06:48:03 AM |
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ETH is very pathetic right now... sending tokens with a very large gas fee has been a pain for users in the last few weeks since the price of ETH has continued to rise. if the price of ETH continues to increase, it is likely that ETH users will experience even more difficult things.
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rhomelmabini
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 07:30:25 AM |
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Be always responsible for what you invest and that fee was key to that as well, you don't have to be mad at your family over that, think at least for a minute whose fault it in the first place. First, you knew the fees were that high yet you still carry the risk to get it done just have your fvking speculative token that you don't even know it's worth it to make you a millionaire just holding it. Second, you better have waited until it goes on your favorite centralized exchange and transacts it with other tokens that have low transaction fees.
Third, You haven't done an arbitraging method here, since you said it was listed on 1inch too, and have you ever think if it has a lower fee on 1inch compared to that on uniswap? Lastly, I'm sure there's a community behind the gem you're talking to here, and have you ever ask the community of that project if what are the ways you can avoid such huge fees on these decentralized exchanges? You let your emotion eats you when you have to many options to take and what's worst you let others be part of all your faults.
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AicecreaME
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 07:45:51 AM |
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in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees.
Vitalik has nothing to do here. Getting mad at the family was obviously sign of out of control It's none of their fault but yours unfortunately. You did not do your due diligence and did not calculated the fees you will need in all these transactions you were going to do. Anyway, here is the bright side - maybe this moon coin will have heavy dump, maybe 200%+ dump and you would losing all your investment. It happened with most of us in the past. Not all coins are going to the moon, it's just an emotional response. Good thing that you have $86 in your pocket :-D I couldn't agree more. Looks like OP recently just discovered his so called gem that he needs to buy to be Trade so he did everything he can do to push everything forward but didn't succeed and put the blame on Ethereum instead. Ethereum has nothing to do if you only have a hundred bucks in your bank account to be used in gas fees and buying your gem coin, so it is clearly your fault for not providing enough funds to your self satisfaction by buying your "gem" Next time, be prepared, and always act early to avoid rushing things up because it will do no good to you.
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Psynthax
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 08:38:15 AM |
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I definitely understand your frustation ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . The reason why I keep on waiting and waiting for the fee to atleast calm down and chill but few weeks went through and the fee goes up even more higher instead like are you kidding me? This stupidity with high fee need to stop for real, if there's any solution to move erc20 tokens without interacting with ethereum blockchain then I'm gonna all in but that's just a dream. but you need to sort out your behavior lashing out your uncontrolled anger at someone innocent.
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maydna
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 08:58:23 AM |
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That is why I don't want to use dex right now. I don't want to pay a higher gas fee, and I prefer to stick to cex. I am sorry for your loss, and you can't do anything except accepting that. It is a lesson for you, and there is some lesson that you must remember. You need to make sure to check the fee before you make a transaction, don't make a rush action if you are not sure or need to research more.
Uniswap can make you rich, and Uniswap can make you lose money because of the gas fee. So be careful.
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maxreish
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 09:14:06 AM |
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I felt sorry for yah, man. But I never thought you aren't aware that the fees of eth right now are quite high and aren't resolve until now. Price of eth are still booming and that makes it more the reason to increase the fees to process your transactions. You've been into this crypto space for quite so long and I expect you to know these true facts about fees being increased, too. Our anger emotions are natural to come out when you do not achieve what you want. Disappointments, regrets, efforts wasted. All of that which I understand. Revealing your feelings here hopefully took down your bad temper, your kids and your wife actually do not involve in your own created dilemna. What you should do? MOVE ON. We all have different bad experience to tell but time will always heal the lose feeling if we do some acceptance and make another good decisions.
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DoublerHunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2021, 09:47:33 AM |
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~snip~ 5th hour came and some where in the middle of it, i got a notification from trust wallet that my transaction has been confirmed... i was happy, i quickly rushed to etherscan to view the transaction. lo and behold,, the transaction was confirmed but the token purchase didn't pull through, it returned an error saying like purchase wasn't successful due to low gas shit shit shit...WHAT THE F...KING HELL .. my $42 usd gone just like that ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?? i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees. ^ Lol, dont cry dude, that is only a hundred dollars you have lost and besides, you will learn this mistake and try not to repeat again in the future. Unfortunately, that was your fault though not by them or even the creator of ETH, because you did not know how this works and dont know how to calculate the fee. Of course, the exchange will cut some fees of your money were sent as a transaction. ETH and BTC fees now are relatively almost the same, if this your concern, try to look at other altcoins that have a low fee than ETH.
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XZERO1
Member
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February 05, 2021, 11:01:41 AM |
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Uniswap is really getting useless for retailers due to the very high Ethereum network fees(which is of course out of uniswap control for the most part), and because of that huge network traffic yesterday there were many people that have similar issues such as stuck(unconfirmed) or failed transactions.
Either one of these two things should happen so that Ethereum network fees and traffic get back to normal or at least a sustainable level:
1. Uniswap and similar platforms trading volume decrease to a lower level.(which I personally don't see that happening anytime soon)
2. Ethereum 2.0 finally get released, which is expected to have significantly lower fees.
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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February 05, 2021, 11:40:20 AM |
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i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying
You should have Pushed this because he's the one who must be Blame on this part. , i was so mad at my wife and kid like its their fault,..
I have Felt your Angry above , i also sympathized on you but when i read this ? i find Stupidity on you and wish that it was good that this happened to you because of your attitude , instead of making them as your " REAL GEM" yet blaming them is too foolish move. it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees.
Since you have no funds to buy that Precious Gem, Mind sharing that to us ?
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DarkDays
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February 05, 2021, 01:28:07 PM |
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it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees.
That's the thing. Right now the fees are disgusting and the highest I have seen. What's worse is that there is so much fluctuation in gas fees that if you don't go for the fast transaction you could risk losing all your fee with not token being bought. Just like your situation. Unfortunately, this is the pain that many experience not just you.
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