ETH high gas fee - page 36. | Bitcointalksearch.org

loopes

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Quote from: poodle63 on November 28, 2020, 12:05:53 PM

Quote from: ecnalubma on November 27, 2020, 01:35:45 PM

If you noticed a high fees again try to skip using Ethereum network for few days, unless if your transaction is very important you have no choice but to execute a transaction. December is coming, Ethereum developers might end this problem very soon.

Yeah I heard it's gonna be coming in a week or around that and the staking already about to reach the cap. There's nothing wrong with waiting for ETH gas problem to be resolved since ETH 2.0 is coming and there might be a little bonus too which is price bump since we already anticipated the eth upgrade from a long time anyway. Definitely worth the wait I must say.

Based on data per 24 November i found (read), about 586,848 ETH has been accumulated in the deposit contract to achieve for minimum requirements while ETH wanna enter main net stage. So we can say that Ethereum 2.0 will be launched on next week, first December, for certainty.
It will bring a problem solving for high gas transactions.

skarais

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Quote from: Rengga Jati on November 28, 2020, 02:54:03 AM

The gas fee is always changing. I ever spend around almost $3 only to transfer a few amounts of ERC2- tokens. But this is okay as long as the result that I have is good enough and it can cover the transaction. However, if it is about a limited amount to transfer, well, it may be very sad to know the fee is bigger than what we want to transfer Grin

If there is a chance to transfer when the fee is low, it is the best time to transfer. I commonly will check https://ethgasstation.info/ regularly if going to transfer such amount of token so that I don't miss the chance to get a lower fee if any Cheesy

This is expensive for those who make transaction in small amount, and is okay for those who make larger transaction. Always use standard fees in an effort to get lower transaction fees, and do not make transaction if you have to pay a fee that is greater than the number of token or coin you are sending.

Quote from: Lrshohag on November 28, 2020, 09:47:03 AM

It creates too much problem for all cryptocurrency user.

Only for altcoin that still use the ethereum platform.

goddess116

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Who knows，ETH high gas fee is not the first time occurs, i deeply believe it will not be the last. To be honest, i was completely taken abck when i saw your picture.

angrybirdy

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Quote from: Lrshohag on November 28, 2020, 09:47:03 AM

Gas fee make me worried. Sometimes it take 3-4$, sonetimes it takes 0.5-1$.
Actually I can not understand tge gas limit.
I think, Befor ETH 2.0 It will take such kind of fee.
It creates too much problem for all cryptocurrency user.

It changes of course, like my previous transaction, I only paid below $1 compared to the transaction fee a few days ago which cost me around $3. so the only thing we need to do to avoid paying higher fees is to wait for lower fees before we do our transaction. Most of the time the transaction fee is below $1.00 compared to paying around $3-$5.

poodle63

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Quote from: ecnalubma on November 27, 2020, 01:35:45 PM

If you noticed a high fees again try to skip using Ethereum network for few days, unless if your transaction is very important you have no choice but to execute a transaction. December is coming, Ethereum developers might end this problem very soon.

Yeah I heard it's gonna be coming in a week or around that and the staking already about to reach the cap. There's nothing wrong with waiting for ETH gas problem to be resolved since ETH 2.0 is coming and there might be a little bonus too which is price bump since we already anticipated the eth upgrade from a long time anyway. Definitely worth the wait I must say.

minatour

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The issue of gas fee this days is very frustrating and annoying, this madness started since the early days of recent Dex Exchanges like Uniswap, Sushiswap etc. Hopefully Ethereum team rectify this anytime soon.

Lrshohag

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Gas fee make me worried. Sometimes it take 3-4$, sonetimes it takes 0.5-1$.
Actually I can not understand tge gas limit.
I think, Befor ETH 2.0 It will take such kind of fee.
It creates too much problem for all cryptocurrency user.

Rengga Jati

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PredX - AI-Powered Prediction Market

The gas fee is always changing. I ever spend around almost $3 only to transfer a few amounts of ERC2- tokens. But this is okay as long as the result that I have is good enough and it can cover the transaction. However, if it is about a limited amount to transfer, well, it may be very sad to know the fee is bigger than what we want to transfer Grin

If there is a chance to transfer when the fee is low, it is the best time to transfer. I commonly will check https://ethgasstation.info/ regularly if going to transfer such amount of token so that I don't miss the chance to get a lower fee if any Cheesy

aysha9853

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ETH Gas currently varies in fees, there are times when it goes up and there are times it goes down but it never reaches below $1 the fee, since the presence of DEX such as uniswap makes Gas prices even higher

onecall123

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Quote from: Genemind on November 28, 2020, 12:47:57 AM

Ethrtrum price had been to high since the demand on DeFi project started. This had been the longest problem of ETH network everytime there's a massive traffic on the network, transfering funds is a pain. I hope they have a solution for this involved in Ethereum 2.0.

We know this is temporary but indeed really pathetic to experience as this is really expensive to send money. Uniswap ultimately main villain behind all this horror gas fees, but we just near make this the end. Ethereum 2.0 smart contract absorbs gas fees and will confirm quick transactions.

Genemind

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Ethrtrum price had been to high since the demand on DeFi project started. This had been the longest problem of ETH network everytime there's a massive traffic on the network, transfering funds is a pain. I hope they have a solution for this involved in Ethereum 2.0.

Em00n01

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Ethereum gas fee is increasing rapidly due to uniswap and other dex. All of we know that it ETH 2.0 will launch in December 1. So i think this update will fix the gas price very soon.

nemey

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We know that Ethereum's gas fee is quite high. And reportedly this will end soon after the release of Ethereum 2.0. Hopefully it does happen, and will soon resolve the problem of high gas fees.

bryant.coleman

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When I wrote this comment, the Ehtereum gas fee only 25gwei, and this is so cheap if compare to your statement in the thread, so I think you just need to wait until the gas fee becomes normal.

We all hope that Ethereum 2.0 will bring us a solution for this because maybe we need to make an important transaction and we want not to wait, and when the gas fee is high no one we can do

A lot of people have posted here that ETH 2.0 is likely to result in a lower transaction fee. That may be true. But we don't have any idea about how much reduction will happen once it is implemented. There is a very good chance that by then the number of transactions would increase and that would undo any fee reduction that will be resulted as a result of ETH 2.0.

MishaSER

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I hope when Ethereum 2.0 is launched, the gas charges will be lower and the network will become faster. I have tokens but I cannot sell them because it is not profitable.

fvb

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I recently paid a big commission too. It was good at least to transfer tokens for an acceptable amount, and it was still a pity to pay such a commission. I’m waiting for it to recover and everything will be as before. So far I decided not to make transactions.

nykka

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We need Ethereum 2.0 and new conesnsus protocol to change this madness. I haven`t seen any acceptable fee in Ethereum blockchain since July. Today many blockchains let make transactions with fees lower than 1 cent and only ETH chain requires 5+ dollars for common transaction. I understand, that Ethereum has much more users, so blockchain is overloaded, but we need some solutions or people just start use other blockchains, which are faster and more comfortable to use

bakasabo

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Quote from: ?? on ??

There is nothing wrong with this, just wait 1-2 days. Now the whole market began to fall, and people began to sell all their tokens in a pawn, because of this a large commission was formed. Everything will be fine soon, don't worry.

Lets wait not just few days, but wait till December 1. It seems that Ethereum 2.0 is going to be released at last. Or at least a staking program finally will start and wait for a reaction of community. After that, either fees go up, or decreases to a normal amount. And according to Etherscan, they are already a bit lower than they used to be day ago.

MiningBattalion

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We are expecting it to be down after ETH 2.0 launch this year. THE current ETH network can only process 15 transactions per sec but ETH 2.0 will process thousands of transactions per sec so the gas price will go down for sure.

Most people waiting for the introduction of Eth 2.0 and it may made many change into the market.One among will be the reduction in Gas fee of Ethereum.Most of investors suffering from this, because the transaction fee is happened through Ethereum.

ecnalubma

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If you noticed a high fees again try to skip using Ethereum network for few days, unless if your transaction is very important you have no choice but to execute a transaction. December is coming, Ethereum developers might end this problem very soon.

Topic: ETH high gas fee - page 36. (Read 23727 times)