Yeah that's true and unacceptable. Ethereum needs to solve the scalability problem with Ethereum 2.0
Otherwise, we need to assess other options like Polkadot etc which I do not prefer to.
Topic: Ethereum fees are crazy... - page 2. (Read 1220 times)
Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
Many of us crypto enthuasiasts are also experiencing that dilemma of having a very hig gas price and ethereum transaction fee for over a long time now and I think the developer of this blockchain need to fix this problem because if this will continue many crypto people will definitely change to a less expensive blockchain and more convenient as well. 
Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
gas cost fee-eth is increasingly expensive, you can see the transaction so dense in blockchain eth I really can not understand this year fee of gas continues to rise due to transactions in uniswap exchange really have made gas prices eth unstable every minute of the price of gas is always changing things like this that make the gas getting up I think if transactions continue dense then the price will continue to rise. 
cheaper? maybe it will be more expensive. Just look at how the crypto industry is developing, especially this new DeFi project. With so many using etherum smart contracts, and an increase in transactions, the likelihood will go up. but it must be reduced, so that etherum users do not move to other coins for investment or trading assets.
It's normal thing that the ethereum's Gas price or Gwei would reach that high amount since ethereum now dominates in the market. As the ethereum's price goes up, also the Gas price for it's transaction will undoubtedly go up also. We just hope that this would be normalised again soon enough and get back into a lower Gas price transactions or Gwei.
The crazy cost of transactions is causing many to ditch the ETH blockchain. If we do not see any changes in the ETH network in the near future, then we risk saying goodbye and looking for an alternative blockchain.
Actually, it is not too crazy for now, only 66 gwei average per transaction.
If your transaction is not too urgent, you can wait some time for the lower gas fee in ethereum blockchain.
The gas fee will be very high if the network is very busy with many transactions using high gas fee, but not all of the time.
If your transaction is not too urgent, you can wait some time for the lower gas fee in ethereum blockchain.
The gas fee will be very high if the network is very busy with many transactions using high gas fee, but not all of the time.
yes, the current rise in ethereum gas costs looks crazy. I even tried to exchange coins for a higher percentage of gas fees when compared to the sale value of the Coins. and it made me hold off on exchanging coins for now. I'm still waiting for Ehereum's gas costs to come down.
This high Ethereum cost will probably continue as long as this defi trend lasts, is it okay for us to accept this situation, hopefully the team will think about this soon or at least in version 2.0 later the transaction costs will be lower and the speed will be even more maximal so that eth remains in second position after btc.
Which brings the question, for how long this DeFi hype can continue? It is obvious we are now suffering from stagnation in the market and its meteoric rise has stopped but still the high prices for ethereum seems to suggest there is still some strength left, but can this continue when hackers are taking advantage every day of newbie investors and their lack of knowledge about the markets? Because I really doubt it and when that happens the price of ethereum will crash really hard. legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
a while ago, i made a transaction for about $ 23 via MEW. I did not think that the fee for that was about 0.01 eth, or at that time around $ 7. Well, after that time, I really liked paying attention to the gas on ethereum. well, maybe for now I need to refrain from doing ethereum transactions because the fees paid are really large. well, besides that many payments have stopped because of this. I hope this is all back to normal.
Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
But lets see if this will happen more in the sooner days as the Bull run near to come.
How do you know it happened this first time? when the end of 2017 bullish ethereum gas costs rose and a lot of people complained about it,Since the past, ethereum transaction fees will be expensive when the ethereum network traffic is heavy, you will have to wait a while until the gas fees drop, it usually takes a few days depending on how busy the Ethereum network traffic is at the time.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
But this is the first time that it happens,this very High fees in which almost everyone reacted things that is not happen from the past.My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
But lets see if this will happen more in the sooner days as the Bull run near to come.
In fact, the rise in ethereum gas a few days ago is something that is unusual, because the market is not in a bullish trend.
when the bulls occur in 2021, I believe Ethereum gas will rise higher, the same as during the bullish trend at the end of 2017.
In part the high fees of etherum transactions are the consequence of the absurd claims of the mimers and in part to the enormous development of the various defi sites that have caused the network, the blockchain to become congested
Now the choice is between transaction speed and price. In any case, both options are now very unattractive, moving tokens for trading to wallets is very expensive, you will have to wait with shorts for now.
Since the past, ethereum transaction fees will be expensive when the ethereum network traffic is heavy, you will have to wait a while until the gas fees drop, it usually takes a few days depending on how busy the Ethereum network traffic is at the time.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
Gas is lower now at 97 Gwei you can go on if you are in a hurry to trade the fee could still go up or go lower we are not going to experience transacting with 1 to 3 cents anymore, because the decentralized finance and decentralized exchanges have exploded already, the developers of Ethereum will have to work on how to get the fees lower because this is what attracts Ethereum in the first place.
Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
I also experience that one and I think if this will continue to happen many crypto enthusiasts whose using ethereuem blockchain will change into a blockchain that is more affordable for them and it will be a very big problem and lost for the developer of ethereum if they will not make a development or if they will not fix this kind of problem that we are facing.Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
I also experience that one and I think if this will continue to happen many crypto enthusiasts whose using ethereuem blockchain will change into a blockchain that is more affordable for them and it will be a very big problem and lost for the developer of ethereum if they will not make a development or if they will not fix this kind of problem that we are facing.There is a massive use from Ethreum blockchain that is why the fees grows Crazy but haven't you realized that also Defi Coins are crazy at the same time?
so it is not only ETH but the market is doing also some not usual movements.
Since the past, ethereum transaction fees will be expensive when the ethereum network traffic is heavy, you will have to wait a while until the gas fees drop, it usually takes a few days depending on how busy the Ethereum network traffic is at the time.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
But this is the first time that it happens,this very High fees in which almost everyone reacted things that is not happen from the past.My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
But lets see if this will happen more in the sooner days as the Bull run near to come.
Since the past, ethereum transaction fees will be expensive when the ethereum network traffic is heavy, you will have to wait a while until the gas fees drop, it usually takes a few days depending on how busy the Ethereum network traffic is at the time.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.
Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
I also experience that one and I think if this will continue to happen many crypto enthusiasts whose using ethereuem blockchain will change into a blockchain that is more affordable for them and it will be a very big problem and lost for the developer of ethereum if they will not make a development or if they will not fix this kind of problem that we are facing. 
I don't think so, because the higher the hashrate, it also indicates the increasing activity on the Ethereum network, so to lower fees I don't think it will happen any time soon. We are aware of the growth that occurs due to DeFi and this will greatly encourage an increase in the price of Ethereum, so that the higher the price and the activity that continues to increase, at least it will make fees also increase.
DeFi is currently very much in control of ETH fees, making miners very busy with lots of transactions on blockchains
I really feel back to the moment in 2017 when cryptokitty was launched if I am not mistaken and that is so that I spent a transaction fee of up to 20USD for 1 transaction, fortunately it is not that long different from now the possibility of transaction fees will be stable at current prices in my opinion
I really feel back to the moment in 2017 when cryptokitty was launched if I am not mistaken and that is so that I spent a transaction fee of up to 20USD for 1 transaction, fortunately it is not that long different from now the possibility of transaction fees will be stable at current prices in my opinion
With many DeFi projects using the Ethereum network, it is only natural that Ethereum transaction fees are getting higher.
The hype that occurred on DeFi projects this year, indeed made the Ethereum blockchain network crowded. Hopefully
Ethereum 2.0 can be released soon and can make Ethereum transaction fees even cheaper.
The hype that occurred on DeFi projects this year, indeed made the Ethereum blockchain network crowded. Hopefully
Ethereum 2.0 can be released soon and can make Ethereum transaction fees even cheaper.
Jump to: