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Topic: ETH Gas Fee Super High Now! - page 4. (Read 1385 times)

jr. member
Activity: 220
Merit: 2
July 18, 2018, 11:32:27 PM
#68
I had a transaction worth about 4k stuck for 4 days.  I was sweating bullets.  Transaction not found.  As the price came down in the gas station my transaction finally went through.  Even if the network clogs from time to time Ethereum is an awesome technology.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
July 18, 2018, 10:49:51 PM
#67
What do you guys think about this Gas price surge since Saturday I think. I have been monitoring gas price the whole day today and gas price is ranging from 40 gwei - 75 gwei. This will affect ICO and bounty distribution as they will get high fees in transferring tokens to other wallets. I just hope it becomes normal again like 8 gwei - 10 gwei per transaction.
The gas price hike has taken its toll on bounty distributions, there had been several complaints of non distribution of tokens citing problems from the network congestions by the companies, a bounty distribution had been prosponed till August I think high gas price is attributed to the non compliance to scheduled date of the distribution.
newbie
Activity: 26
Merit: 0
July 18, 2018, 10:19:44 PM
#66
The reason why whole #ETH network gas fee is so high. FCoin GPM listing forces all candidate companies to use massive gas fee to airdrop to FCoin accounts to create that deposit vote number. Each day top 5 gets listed, then count from 0 again. Is this sustainable?
full member
Activity: 462
Merit: 112
July 18, 2018, 10:16:20 PM
#65
That is really devastating because all earnings will accumulated for a longer period of time will be taken a huge GS fee and most of the investors will not glad about that for sure because of huge expenses.
newbie
Activity: 204
Merit: 0
July 17, 2018, 01:12:45 PM
#64
Ethereum gas price has been really high for the past few days, and it has been a barrier to certain transactions for some persons. However, I read just yesterday that the prices had returned to normal, and I want to believe that it is so, cos I haven't checked for myself.
full member
Activity: 434
Merit: 100
July 17, 2018, 07:45:58 AM
#63
That is not great that the Eth gas fee is increasing so high
because you cannot earn a huge amount if this thing occurs. The income that you earn will be deducted by this transaction charge.
newbie
Activity: 378
Merit: 0
July 14, 2018, 01:05:50 PM
#62
Yes, gas prices are so high that we have to pay more to transfer tokens or Eth. This is unusual, as it affects the distribution of bounty and ICO tokens, many of which have been delayed. I heard that due to the effects of exchange Fcoin, it is bad to pay too much or cannot move with long pending time.
newbie
Activity: 126
Merit: 0
July 14, 2018, 12:55:39 PM
#61
Today the price of ETH Gas increased once again. I tried to send my coin to the Coinex exchange, but apparently, the transaction was completely blocked today. Hopefully, the MEW wallet will try to fix it and lower the gas prices down
jr. member
Activity: 182
Merit: 1
July 14, 2018, 12:52:32 PM
#60
It is like bit expensive now a days because coins are still on recovery moment but when coins and some Altcoin is on their peak price, the gas is just small amount to lose when you transfer some coins per batch to exchange..
newbie
Activity: 181
Merit: 0
July 14, 2018, 12:45:58 PM
#59
What do you guys think about this Gas price surge since Saturday I think. I have been monitoring gas price the whole day today and gas price is ranging from 40 gwei - 75 gwei. This will affect ICO and bounty distribution as they will get high fees in transferring tokens to other wallets. I just hope it becomes normal again like 8 gwei - 10 gwei per transaction.
this is what people are concerned about, with rising gas prices feared to have an impact on new ICO projects that will transfer tokens and distribute their tokens, if an increase in gas prices will affect it all, in the future the ICO project will search and choose to use other platforms, and I do not want that to happen because for me Ethereum has been trusted by many that this altcoin will be good for the future, so Ethereum must be able to maintain its trust.
It clearly affects the ico project for their token distribution, so some projects choose to postpone it until the gas price returns to normal. Yes, I also hope ethereum can maintain trust.
brand new
Activity: 0
Merit: 0
July 14, 2018, 11:32:12 AM
#58
The ETH network has been jammed for a very long time because of too many transactions in a short time.
full member
Activity: 910
Merit: 100
elysian.finance
July 14, 2018, 11:48:13 AM
#58
What do you guys think about this Gas price surge since Saturday I think. I have been monitoring gas price the whole day today and gas price is ranging from 40 gwei - 75 gwei. This will affect ICO and bounty distribution as they will get high fees in transferring tokens to other wallets. I just hope it becomes normal again like 8 gwei - 10 gwei per transaction.
this is what people are concerned about, with rising gas prices feared to have an impact on new ICO projects that will transfer tokens and distribute their tokens, if an increase in gas prices will affect it all, in the future the ICO project will search and choose to use other platforms, and I do not want that to happen because for me Ethereum has been trusted by many that this altcoin will be good for the future, so Ethereum must be able to maintain its trust.
member
Activity: 434
Merit: 17
July 14, 2018, 11:09:43 AM
#57
Yeah, I hope so too. Some project can't even distribute tokens for bounties and airdrops to the participants. That's not good for anyone.
full member
Activity: 490
Merit: 102
July 14, 2018, 10:50:01 AM
#56
There used to be a system blockage in view of the cryptokitties thing, now this high charge and another system clog, this will happen over and over as a result of the ico and airdrop, the main positive side is there will be no more airdrop, well hopfully.
There's still plenty of airdrop out there even if they paid for an expensive gas for fee they still doing it anyway. But as I heard that vitalik is trying to solve this scalability issue in his twitter is such a relief, if the system could overcome this then Im pretty sure that in the future ETH will be the most scalable coin out there.
Butyrin promised to solve the problem with scaling even more than half a year ago. At that time the network lay down because of the appearance cryptocats.
What is now overloaded the network?
member
Activity: 122
Merit: 10
July 14, 2018, 10:47:03 AM
#55
180 for a normal transaction, that is HUGE and i am more than sure in that there are a lot of people trying to move out of ethereum at the moment, becuase this is a garbage and i would not even pay two bucks for a transaction at the moment, no way
hero member
Activity: 910
Merit: 501
July 14, 2018, 10:43:28 AM
#54
Its getting to normal. That was really nice cause i have mining rigs and they made nice profits last week.
I love when gas fees go crazy Smiley
member
Activity: 470
Merit: 16
July 14, 2018, 10:38:39 AM
#53
Gas price unbelievable high now. I heard that it was due to voting on Fcoin exchange. I hope Ethereum team will do something with the network  to avoid such situation in the future.
newbie
Activity: 224
Merit: 0
July 14, 2018, 10:36:14 AM
#52
This was the reason most of us moved from using bitcoin for all transactions because of the high fee and ethereum is now facing same..
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
July 14, 2018, 10:32:54 AM
#51
There used to be a system blockage in view of the cryptokitties thing, now this high charge and another system clog, this will happen over and over as a result of the ico and airdrop, the main positive side is there will be no more airdrop, well hopfully.
There's still plenty of airdrop out there even if they paid for an expensive gas for fee they still doing it anyway. But as I heard that vitalik is trying to solve this scalability issue in his twitter is such a relief, if the system could overcome this then Im pretty sure that in the future ETH will be the most scalable coin out there.
newbie
Activity: 38
Merit: 0
July 14, 2018, 10:31:28 AM
#50
There used to be a system blockage in view of the cryptokitties thing, now this high charge and another system clog, this will happen over and over as a result of the ico and airdrop, the main positive side is there will be no more airdrop, well hopfully.
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