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Topic: Eth fees are up 7000 percent (Read 619 times)

full member
Activity: 378
Merit: 100
July 18, 2018, 08:51:20 AM
That is not great and lots of people will not be glad for that
because once the ethereum coins are going to be rise so high many investors will hold back to invest again in the company of ethereum.
sr. member
Activity: 630
Merit: 258
July 16, 2018, 01:12:44 PM
I think it will be hard for the investors that they will incurred a big fee like that because all earnings that they will received will be automatically come to the pocket of the company of ethereum.
newbie
Activity: 103
Merit: 0
July 15, 2018, 03:44:16 AM
Excellent time to see the alternative I think there is now and what to choose, and many projects run on other platforms and quite successfully. I'm still planning to observe the course and not invest. Too not stable situation. Depressing is that because of this situation, many bounty payments are suspended.
member
Activity: 252
Merit: 12
July 15, 2018, 02:03:12 AM
Probably this is a way of preventing so many trading activities so as to control prices now.Because now the market is so down that all possible practical measures need to be employed for the stabilization of the cryptocurrency market.High gwei could be one.
jr. member
Activity: 31
Merit: 6
July 15, 2018, 01:50:18 AM
#99
The situation has being fixed now; I heard that it was the fcoin business model that was causing the congestion on ethereum network
There are too many flaws to be fixed and more issues will pop up eventually, ETH cannot be trusted as a store of value simply because of the flaws.
I am not sure why everyone is focused on these sort of projects, i made my money with ETH so no complaints about it now, it is good for people who are planning to come up with projects, we have bitcoin and i am only worried about its growth and nothing else. Wink
Transaction throughput is the only flaw that needs to be fixed at the moment. Ethereum is not a store of value, so the fact that you're even mentioning that makes me think you have no clue what you're even talking about.

If you're not sure why people, companies, and projects use Ethereum, then you should spend the 15 minutes it takes to find out why.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
July 15, 2018, 01:44:10 AM
#98
The situation has being fixed now; I heard that it was the fcoin business model that was causing the congestion on ethereum network
There are too many flaws to be fixed and more issues will pop up eventually, ETH cannot be trusted as a store of value simply because of the flaws.
I am not sure why everyone is focused on these sort of projects, i made my money with ETH so no complaints about it now, it is good for people who are planning to come up with projects, we have bitcoin and i am only worried about its growth and nothing else. Wink
member
Activity: 182
Merit: 10
July 15, 2018, 01:14:35 AM
#97
The ether cost is indeed a big problem. Whenever its price rises sharply, the entire network is congested, most of the erc20 tokens cannot move, the influence mobility and the enthusiasm of people to participate. This is the most difficult problem at present, and hope that the new technology will hurry. arrival.
jr. member
Activity: 31
Merit: 6
July 15, 2018, 01:11:56 AM
#96
You can pick your poison, you can choose to use a tested and well documented platform that is bogged down by the occasional network spam, this time due to Fcoin voting funded by Ethereum from wallets related to EOS.
Or you can pick Cardano a platform that is untested, unused and unknown to a large extent in the community.
full member
Activity: 165
Merit: 100
July 15, 2018, 01:11:11 AM
#95
I have a quite sufficient part of ETH in my investing portfolio and I hope that the current situation with ETH will be boosted significantly in the better way I hope.  When buying ETH I believed that ETH would be 2000-2500$ quite soon. Unfortunatelly in the current time the crypto market is in stagnation. Anyway I am not ready to sell ETH because I still believe in ETH.
newbie
Activity: 164
Merit: 0
July 15, 2018, 01:05:38 AM
#94
Such a high transaction cost is very disappointing to everyone, which will prevent many large transactions. Because the recent gas is particularly high, I have suspended several related transfer businesses.
jr. member
Activity: 144
Merit: 4
July 15, 2018, 01:05:29 AM
#93
I heard that there were some new exchanges that were fighting for supremacy and were getting people to vote for coins and other issues by using high GAS setting and that this was having a knock-on effect for everyone with higher prices. It is a pain in the ass right now when you have to set GWEI at 61 and still wait maybe 30 minutes for your transaction to be picked up  Angry
jr. member
Activity: 336
Merit: 3
July 15, 2018, 01:01:06 AM
#92
I am thinking that the situation of the skyrocketing cost of the Ethernet has occurred several times this year, so it has been unable to adapt to the current cryptocurrency. If it is not resolved in a short time, there will be other items to replace it.

ETH is flawed: understand it and move on!
newbie
Activity: 82
Merit: 0
July 15, 2018, 12:59:27 AM
#91
I am thinking that the situation of the skyrocketing cost of the Ethernet has occurred several times this year, so it has been unable to adapt to the current cryptocurrency. If it is not resolved in a short time, there will be other items to replace it.
jr. member
Activity: 336
Merit: 3
July 15, 2018, 12:51:35 AM
#90
The situation has being fixed now; I heard that it was the fcoin business model that was causing the congestion on ethereum network
The list plan of Fcoin exchange will end on 16th.
Therefore, I think the congestion problem of ETH will be solved tomorrow.

The problem is more than that: Wake up bitch
member
Activity: 154
Merit: 10
Open and Transparent Science Powered By Blockchain
July 15, 2018, 12:10:30 AM
#89
The situation has being fixed now; I heard that it was the fcoin business model that was causing the congestion on ethereum network
The list plan of Fcoin exchange will end on 16th.
Therefore, I think the congestion problem of ETH will be solved tomorrow.
jr. member
Activity: 336
Merit: 3
July 15, 2018, 12:00:22 AM
#88
whether what makes fees eth can increase as high as that, is the increasing number of projects using eth platforms that make this happen. if we see the market is not in good condition, why the transaction becomes more expensive. will all this be back to normal?

ETH is a flawed project and VB is a joke!
He has said in the past he will quit
And
The ETH price is not important to him and should be less than it is.
In my opinion he is not fit to be running ETH: This guy is walking on thin ice. He created a monster and can’t deal with it. Cardano is the future!
member
Activity: 672
Merit: 10
July 14, 2018, 11:31:15 PM
#87
whether what makes fees eth can increase as high as that, is the increasing number of projects using eth platforms that make this happen. if we see the market is not in good condition, why the transaction becomes more expensive. will all this be back to normal?
full member
Activity: 350
Merit: 100
The Future Of Work
July 14, 2018, 11:26:13 PM
#86
In addition the ETH network is struggling because of airdrops. If you own ETH you are lucky if the price doesn’t go down. It is showing its FLAWS and the media are going to make it look worse than it already is!
In the long run Cardano is the future! Cardano is exceptional value at today’s prices!
Of course you're right about the Ethereum. But there are coins more promising than Cardano.
For example, MainFrame or Multiversum.
newbie
Activity: 67
Merit: 0
July 14, 2018, 11:15:38 PM
#85
Oh, it seems that some gas guzzlers are really acting in the ethereum network at the moment causing a bit of congestion. It should be just a matter of days.
member
Activity: 200
Merit: 10
July 14, 2018, 08:58:48 PM
#84
With Ethereum having issues everyone should check out Neblio.  They have a superior blockchain in every way possible and is a steal at this price.  It also stakes as well for an added bonus. 
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