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Topic: Eth fees are up 7000 percent - page 3. (Read 607 times)

full member
Activity: 448
Merit: 103
Bitgesell (BGL) Decentralized Cryptocurrency!
July 08, 2018, 08:33:57 AM
#63
it is very bad that by several large distributions the load on the network increases to unprecedented values. A fee of 100 Gwei should make Vitalik think  Smiley
jr. member
Activity: 308
Merit: 4
July 08, 2018, 07:31:42 AM
#62
There must be some technical solution needs to be find for ETH gas prise, ICO's always try to send the airdrops when the gas prize is low and that is normal. But blockchain tecnologies one of the best adventages is lower transaction costs. I bealive ETh team will find an easy solution soon.
newbie
Activity: 35
Merit: 0
July 08, 2018, 07:30:20 AM
#61
I moved a few of my tokens and I lost over $ 2 gas. (gwei 100). omg too expensive, does this have to be long?
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
July 08, 2018, 07:27:00 AM
#60
This is one of the weaknesses of Ethereum, a kitties game and an exchange with an extravagant idea are enough to congest the network causing problems that affect not only the fees but also the ICOs operation. I guess this will be something good for their competitors since many ICOs will consider using other platforms in the future.
ya, ethereum dev must solve this issue, current ethereum platform can't handle a lot of transaction in same time, more than 50 gwei per transaction right now, their competitors will replace ethereum become top 2 cryptocurrency in the future if ethereum don't solve the problem

Fees are often high charges posted on the wall, but lets not focus on the said fees, it is just normal to have charges or fees, for as long as we are earning, market will correct itself... lets wait if any other fees, will go up..?
sr. member
Activity: 518
Merit: 258
July 08, 2018, 07:19:49 AM
#59
It is very strange to see how the payment for gas is growing, I do not understand where these prices come from, the network is not overloaded, and if it is overloaded, why are such large prices? Vitalik do something with gas prices, it's very expensive.


Read this:

Cardano is the ETH Killer:

https://bcfocus.com/news/cardano-ada-googles-proximity-threatens-ethereum/17878/

i think you bought a lot of cardano. and you bought when the price was very high. i guess december or january. and now you want to push the course. that's a good idea. good luck.  Grin  buy low and sell high. this is crypto 2018 !  guys...don't panic. eth will grow to over $1,000.
jr. member
Activity: 672
Merit: 1
July 08, 2018, 07:11:01 AM
#58
Ethereum gas fees are good indicator for upcoming price rises.
If fees start to rise crazy coin prices will skyrocket for sure.
I started to buy when eth gas price doubled.


I like your minds Wink, I will try to use it for my strategy, may be you are right! Also many experts consider that we on the edge of bull market, will see! Hope this lacmus be useful for you and me. Smiley
newbie
Activity: 73
Merit: 0
July 08, 2018, 07:04:51 AM
#57
I do not know what for? But the high gas charges make the transaction cost a lot. I only have a little eth, so the gas charge is not enough. This is really bad
hero member
Activity: 910
Merit: 501
July 08, 2018, 07:00:31 AM
#56
Ethereum gas fees are good indicator for upcoming price rises.
If fees start to rise crazy coin prices will skyrocket for sure.
I started to buy when eth gas price doubled.
jr. member
Activity: 336
Merit: 3
July 08, 2018, 06:59:13 AM
#55
It is very strange to see how the payment for gas is growing, I do not understand where these prices come from, the network is not overloaded, and if it is overloaded, why are such large prices? Vitalik do something with gas prices, it's very expensive.


Read this:

Cardano is the ETH Killer:

https://bcfocus.com/news/cardano-ada-googles-proximity-threatens-ethereum/17878/
full member
Activity: 602
Merit: 102
July 08, 2018, 06:32:37 AM
#54
This really shocking news for the investors of the eth .People like crypto currency for some reasons. Crypto currency is easy to use and transfer, it has safety and the cost or fees of crypto currency are very low. Such things have made the crypto currency popular. But if the fees are like this, then Ethereum will lose the market share.
what might be this because eth is a lot of devotees so that its big increase?
jr. member
Activity: 336
Merit: 3
July 08, 2018, 06:26:29 AM
#53
I heard this news, I think it is not good, and while he is rising, we will have a hard time getting it. I hope this is not true, I hope to handle it as soon as possible.

ETH developers are all talk!
All these FREE airdrops have taken the network to its limits: Flawed project: Jump on Cardano and sit back and relax and you will be rewarded without all the stress!
newbie
Activity: 130
Merit: 0
July 08, 2018, 04:05:02 AM
#52
I heard this news, I think it is not good, and while he is rising, we will have a hard time getting it. I hope this is not true, I hope to handle it as soon as possible.
full member
Activity: 1036
Merit: 109
July 08, 2018, 03:58:33 AM
#51
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 ihe media are going to make it look worse than it already is!


I think this is something to be fixed by ethereum network. Their charging us too high but their transaction is too low which is a hassle for us. The charge is too high which is a burden for us traders. The transaction charge that strikes too high is getting worse and developers should do something about it.
legendary
Activity: 3234
Merit: 1399
Join the world-leading crypto sportsbook NOW!
July 08, 2018, 03:55:25 AM
#50
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 ihe media are going to make it look worse than it already is!
The fees are truly unbelievable. I saw the chart and there were big (for eth) fees in January 2018, but the 2nd of July's fees beat that record with an average price of more than 5 dollars. The current fees, even though still very high, are about 3 dollars. We are now experiencing a pretty unique situation of btc's fees being a lot lower than eth's (btc's fees are about 4 times lower than those of eth today). The prices are still very bad, so I hope people will calm down and the fees will eventually go back to normal.
jr. member
Activity: 238
Merit: 2
July 08, 2018, 03:41:34 AM
#49
What are the main DAPPs that are using so much of the network's gas?
jr. member
Activity: 83
Merit: 1
July 08, 2018, 03:40:53 AM
#48
We should be patient with the coin that we invest. If the market condition goes wrong, we must support ethereum. I solely believe that the long term investments are always beneficial and we must hodl our coins when needed.
member
Activity: 812
Merit: 10
https://hovr.site/
July 07, 2018, 06:49:40 PM
#47
I’m not sure why people complain about ethereum fees, even if it goes up 10,000% it is still cheap compared to the amount charged by other exchanges

No matter how high the Gwei is, your total sending fees is less than 2$
Now tell me that exchange that charges 2$

Simply concentrate on your trades and ignore post increase in the forum
I think you are definitely right some people just like to create panic buttons and make things seem worst than they actually are i think holding ETH is a good thing if cryptokitties didn't do much damage airdrop can domuch
newbie
Activity: 336
Merit: 0
July 07, 2018, 06:07:16 PM
#46
Is it just a Fud? I didn't hear about any such big flaws earlier. Include necessary resources to prove your point.
newbie
Activity: 140
Merit: 0
July 07, 2018, 06:45:00 PM
#46
Please refrain from spreading unecessary silly FUD. We don't need that bullshit now.  We are going to see a massive uptrend in the price of eth in the coming weeks. Hold your tokens and stay positive.
jr. member
Activity: 658
Merit: 1
July 07, 2018, 05:42:47 PM
#45
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.
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