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Topic: [ANN] Ethereum: Welcome to the Beginning - page 69. (Read 2006952 times)

legendary
Activity: 3444
Merit: 1061
September 11, 2020, 09:32:53 PM
Eth is not meant to be a mode of payment. It is basically a smart contract platform currency.
High gas fee is not any hinderence in its growth
I completely agree, but which project now fits the payment criteria?

This maikelblogo piece of shit, has a malware link sig. Enticing miners to try to boost mining hashrate but the reality is, you get malware.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
September 11, 2020, 10:36:18 AM
Many people complaining about the gas but why not look at the bigger picture? It is a temporary issue, relax people....
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
September 11, 2020, 05:17:46 AM
The fee on Ethereum network (average fee) is lower today. If you have intention to sell your Ethereum (I guess not because it is cheap now) or your ERC20 tokens with coming rallies, today is a good day for you to consider moving them.

Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.

To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.



After almost a week I was finally able to move my tokens from wallet to exchange. But, BTC and ETH price crash ruined the price I was getting for those tokens lol.
Yes seems like gas price is proportional to eth price Smiley
sr. member
Activity: 1960
Merit: 393
English<->Pt-BR - Professional Translations(90+)
September 10, 2020, 03:06:50 PM
The fee on Ethereum network (average fee) is lower today. If you have intention to sell your Ethereum (I guess not because it is cheap now) or your ERC20 tokens with coming rallies, today is a good day for you to consider moving them.

Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.

To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.



I always kept some ETH in the wallet that I use most, about $2 to $5, precisely for the relatively low transaction fees, now I need to have at least $12 to avoid the risk of not being able to pay for a transaction  Undecided
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
September 10, 2020, 12:34:59 PM
I cannot help myself but laugh whenever Piston posts his words of wisdom no matter how much I agree or disagree with them  Grin


Think of it as being with any business, there are ups and downs. Right now things are a bit hectic but it is a short term issue.

fees are going crazy these days because of stake-yield update  Cry

with ETH it's a hell of a lot more downs tho LOLOL /emo
full member
Activity: 1120
Merit: 131
September 10, 2020, 05:44:05 AM
I like it, keep going !
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
September 10, 2020, 04:20:23 AM
Think of it as being with any business, there are ups and downs. Right now things are a bit hectic but it is a short term issue.

fees are going crazy these days because of stake-yield update  Cry
copper member
Activity: 3
Merit: 0
September 09, 2020, 01:23:01 PM
fees are going crazy these days because of stake-yield update  Cry
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
September 09, 2020, 05:11:47 AM
There is still plenty of scope for improvement, the sky is definitely (as you said) not falling


Eth is not meant to be a mode of payment. It is basically a smart contract platform currency.
High gas fee is not any hinderence in its growth


Bingo

They will still reduce them, but the sky is not falling
hero member
Activity: 3220
Merit: 636
DGbet.fun - Crypto Sportsbook
September 08, 2020, 06:56:40 PM
After almost a week I was finally able to move my tokens from wallet to exchange. But, BTC and ETH price crash ruined the price I was getting for those tokens lol.
It took that long?

I was able to experience this but not this time but, those all time high days. I refrain to transact with high fees and congested network. I understand that feeling when you have sent during the price was high and received or confirmed when it's lower.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
September 07, 2020, 09:54:34 AM

Not possible I think Bitcoin will always be the main currency. ETH was doing good breaking past 400 so quickly but, as soon as BTC got dumped (about $1000) ETH too fell sharply with bitcoin.

Of course, Bitcoin will still have to keep its leading position. But sooner or later, it will be replaced by a new technological coin that will topple Bitcoin from the pedestal. Perhaps it will be Ethereum, or perhaps a completely new coin.

It didn't happen for the last 12 years, so why will it happen at all? The creator of Bitcoin is anonymous and there is no individual or a group of people behind the blockchain and controlling the supply. On the other hand every other crypto project no matter what promisses, is backed up by one individual and his friends. Sooner or later he will leave the project or simply die, leaving his project to a sudden or slow death. Everything in defi is pump and dump tokens. It looks attractive to the n00bs for quick profit, but they don't realize that before cashing out their profits they will be gone, replaced by huge losses. One of the leading tokens in defi - Sushi is the last example. For few days it gained a lot, then it's creator cashed out, leaving in dust and ashes all n00bs lured by the pump. This was the fate of bcash and it's clones whose creators were delusional that they will flip Bitcoin. Ver, Wu, CW, the list is endless. If you want to make money, you need to learn how to hodl Bitcoin for an extended period - 5, 10 years and more if necessary. The basics are solid and the risk is even lower than investing in stocks or fiat, which will lose  their value due to inflation. The fast profit is for gamblers, with guaranteed loss in the end.
Sy
legendary
Activity: 1484
Merit: 1003
Bounty Detective
September 07, 2020, 01:41:14 AM
The fee on Ethereum network (average fee) is lower today. If you have intention to sell your Ethereum (I guess not because it is cheap now) or your ERC20 tokens with coming rallies, today is a good day for you to consider moving them.

Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.

To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.



After almost a week I was finally able to move my tokens from wallet to exchange. But, BTC and ETH price crash ruined the price I was getting for those tokens lol.
hero member
Activity: 2366
Merit: 838
September 06, 2020, 10:16:03 PM
The fee on Ethereum network (average fee) is lower today. If you have intention to sell your Ethereum (I guess not because it is cheap now) or your ERC20 tokens with coming rallies, today is a good day for you to consider moving them.

Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.

To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.

hero member
Activity: 1232
Merit: 528
Community Manager: ETN
September 06, 2020, 10:49:04 AM
Eth is not meant to be a mode of payment. It is basically a smart contract platform currency.
High gas fee is not any hinderence in its growth


Bingo

They will still reduce them, but the sky is not falling
newbie
Activity: 13
Merit: 0
September 06, 2020, 06:50:29 AM

Not possible I think Bitcoin will always be the main currency. ETH was doing good breaking past 400 so quickly but, as soon as BTC got dumped (about $1000) ETH too fell sharply with bitcoin.

Of course, Bitcoin will still have to keep its leading position. But sooner or later, it will be replaced by a new technological coin that will topple Bitcoin from the pedestal. Perhaps it will be Ethereum, or perhaps a completely new coin.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
September 06, 2020, 05:14:31 AM
Eth is not meant to be a mode of payment. It is basically a smart contract platform currency.
High gas fee is not any hinderence in its growth
I completely agree, but which project now fits the payment criteria?
For payment, use BTC.
full member
Activity: 826
Merit: 103
September 06, 2020, 02:38:28 AM
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Solo mining Ethereum isn't for everyone to say the least. If you only have say 6 gpu's or less i'd say don't even bother, you would be wasting your hashpower, as it would take an enormous amount of time to find even a single block, you might even never find one. Try pool mining instead, you'll get you fair share of what you hash.
Sy
legendary
Activity: 1484
Merit: 1003
Bounty Detective
September 06, 2020, 01:33:59 AM
Eth is not meant to be a mode of payment. It is basically a smart contract platform currency.
High gas fee is not any hinderence in its growth
I completely agree, but which project now fits the payment criteria?

There are tons of projects that will fit the payment criteria but, sadly none of them has a community and acceptance as big as Ethereum the only exception would be bitcoin but sadly sometimes confirmation can be huge.
copper member
Activity: 156
Merit: 0
September 05, 2020, 08:50:11 PM
Feels like this was just yesterday. Can't wait for ETH 2.0  Smiley
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
September 05, 2020, 03:55:31 AM
Eth is not meant to be a mode of payment. It is basically a smart contract platform currency.
High gas fee is not any hinderence in its growth
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