Topic: ETH Gas Fee Super High Now! - page 5. (Read 1385 times)
Prices are very high
Recently, the transfer of token from Mew purse to exchange is very difficult.
I had to deposit token to exchange, but it took more than a day to successfully implement. Gas is very high (250000).
I had to deposit token to exchange, but it took more than a day to successfully implement. Gas is very high (250000).
That means we are facing the same problem in ethereum as it happens to bitcoin in December when the transactions fees went up like wide fire and that affect cryptocurrencies market generally. Many traders and holders that are using ethereum are seriously complaining about this and I think icos and bounties promoters will be the most affected.
But in ethereum it's much worse. The impact on the ecosystem translates into all the ERC tokens, so it's a mess that spreads across a bunch of other investments. The Ethereum blockchain also keeps growing in a stupid rate, meanwhile Bitcoin is capped to 1MB and this keeps the blockchain size from becoming a problem to both store and validate. I can't wait for september to see the Bcash attack and see how a 32 blocksize copes with a spamfest.
Ethereum network seems overloaded now and cause this reason. It's likely people now are converting their assets to eth or eth to other coins/tokens that cause this congestion.
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.
I would think the problem of gas price increase is all about network issue, I believe every thing about correction would be done very soon and the whole thing will become normal again.
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.
Weird. ETH gas price doesn't cost that much though. And I'm sure that it will affect a lot of bounties.
I see some spam tokens that make transactions until the network is very full, 1 thing that makes me wonder who did it and who messed it up there seems to be people who finance them to do such crazy transactions, so trying to mess up people's minds about having ethereum costs are great but let them make the mistake of throwing out their ethereum for their spam transaction costs
I see some spam token as well in my MEW wallet and I was surprised about it. Although ETH as a steady network, but this kind of transactions really messed up everything. It might be very well compared to network spamming in bitcoin. So its either you increased the gas price to get your ETH or just wait till everything is back to normal.
https://coingape.com/binance-raises-gas-price-on-withdrawals/
yesterday, i tried to send 0.01 ETH with Gas fee: 20 gwei, and it has been confirmed after ~8 hours. lol
Well, this is somthing an error of ethereum wallet address transaction at this moment and it can be fixed this soon. Cause is not a normal transaction fee to be done in trading coin.
How much right now or how many eth? i dont transfer right now but maybe next week just wanna know how high is the gas right now
Let your fingers find this link if you want to know the recommended gas prices:https://www.ethgasstation.info/
The gas price is a changing value affected by the number of requested transactions. If you can wait then you can opt for a lesser accepted value and to hasten the success of your transaction then choose a bigger gwei. Miners are using electricity to create hashpower to handle transactions while being profitable. The miners are affected by the change in the value of fiat to buy petroleum in order to create hashpower. The sudden increase in the price of petroleum in the market can create a surge in the eth gas fee.
That means we are facing the same problem in ethereum as it happens to bitcoin in December when the transactions fees went up like wide fire and that affect cryptocurrencies market generally. Many traders and holders that are using ethereum are seriously complaining about this and I think icos and bounties promoters will be the most affected.
Wtf?
Gas was under 1 gwei a week ago.
If Ethereum wants to be at the top, it's gotta fix this issue.
Gas was under 1 gwei a week ago.
If Ethereum wants to be at the top, it's gotta fix this issue.
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.
You dont have to wait for the Gwei to drop that below. You can always set it to the 8-9 Gwei range but only the play here is it will take few hours to get your funds transferred.
Currently there is issues going on with the Fcoin airdrops and other airdrops too who are using heavy transaction and thus network has got too much congested. Obviously in such situation the prices for Gwei per transaction rises to overcome the stressed out network. Also in between the Gwei price does drop below 10 Gwei so keep watching the Gas Station page.
which obviously the number of transactions conducted by the community that affects the rise of GAS, when later not solid will be back to normal or it will be determined the amount of GAS with normal delivery time.
yes and it happens because Ethereum price is so high and I hope that Ethereum price increase will continue even if it causes gas fee from ethereum so expensive.
Are you really do not understand that this is not related to the growth of the market?It's not related to the growth Ethereum price.
At the last 2-3 days, more than 160,000 spam transactions in the Ethereum network.
Recommended Gas Prices:
3 days ago: SafeLow (<30m) 2 Gwei.
Now: SafeLow (<30m) from 20 to 50 Gwei.
x10~x25. In 3 days.
yes and it happens because Ethereum price is so high and I hope that Ethereum price increase will continue even if it causes gas fee from ethereum so expensive.
Don’t worry about this, this is a normal situation from time to time. It happens especially when the market is recovering, but the gas fee will come back to the normal price eventually
This not normal.it's not the market that is recovering.
Several contracts begin to spam in the Etherium network.
First contract: Token Contract: Gram (GRAM)
https://etherscan.io/address/0x82d3a142ddd44d2bd29a683f0691fbead3bccc44
Spam on it starts in several stages, but the main - 2 days 4 hrs ago. Main stage has stopped 14 hrs 1 min ago.
In this period: ~ 90050 transactions to this contract
Here's contract: 3D BlockChain Token (3DB)
https://etherscan.io/address/0x11016adcb85b65a0da8d8ddc3ade69dbad6bbca4
Spam on it starts in several stages, but the main - 3 days ago and continues still.
In this period: ~ 76350 transactions to this contract and continues still.
And value each of transaction is 0. It's pointless.
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.
Someone has been spamming the network. I know the address that has already created so many spam transactions then he was wasting thousand dollars to pay the gas fees. This is totally attack to the ethereum network. Those spam transaction will increase the standard of the gas fees. 
yesterday, i tried to send 0.01 ETH with Gas fee: 20 gwei, and it has been confirmed after ~8 hours. lol
I see some spam tokens that make transactions until the network is very full, 1 thing that makes me wonder who did it and who messed it up there seems to be people who finance them to do such crazy transactions, so trying to mess up people's minds about having ethereum costs are great but let them make the mistake of throwing out their ethereum for their spam transaction costs
https://etherscan.io/token/0x11016adcb85b65a0da8d8ddc3ade69dbad6bbca4
https://etherscan.io/token/0xedc502b12ced7e16ce21749e7161f9ed22bfca53
https://etherscan.io/token/0x4b317864a05c91225ab8f401ec7be0aeb87e9c12
https://etherscan.io/token/0x11016adcb85b65a0da8d8ddc3ade69dbad6bbca4
https://etherscan.io/token/0xedc502b12ced7e16ce21749e7161f9ed22bfca53
https://etherscan.io/token/0x4b317864a05c91225ab8f401ec7be0aeb87e9c12
The price of gas is too high. I'm already thinking about becoming a miner) They will soon become millionaires.I don't understand the strain on the network that we have to pay so much for gas.
Seemingly, there's just few miners now to help the network, in line of having many transactions then there should be more miners. Because paying high fees aren't reasonable when you have to wait for a day for a transaction to get confirmed. Good thing I tried earlier to trade and gets confirmed after an hour. I must be lucky today.
Don’t worry about this, this is a normal situation from time to time. It happens especially when the market is recovering, but the gas fee will come back to the normal price eventually
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