Pages:
Author

Topic: Gas price (Read 1753 times)

member
Activity: 264
Merit: 10
December 12, 2018, 05:44:43 AM
#86
Any reason for the Ethereum gas price being so high lately?
I think they highly in gas price because the eth right now was really suffered with a lowering it's value that makes them higher the gas transaction.
full member
Activity: 420
Merit: 100
December 11, 2018, 11:59:21 AM
#85
Any reason for the Ethereum gas price being so high lately?

Mostly when you see that the gas price goes up you just know that there is an increased number of transactions on the blockchain and the transactions with the highest gas price always get mined first. You can always just use the normal gas price that you use, you just have to be willing to wait for a little longer for the transaction to be confirmed on the blockchain
newbie
Activity: 1
Merit: 0
November 24, 2018, 05:24:11 PM
#84
I think because of network is very load ed, and have to pay more gas for tokens than for sending ETH
copper member
Activity: 560
Merit: 46
Id Telegram : @dam_six
October 07, 2018, 07:45:16 PM
#83
Any reason for the Ethereum gas price being so high lately?
Because the fans also want to feel the results.
Just look at how the way Bitcoin works, the less Bitcoin is mined and the more expensive the cost of Bitcoin is because the less paid for miners.
member
Activity: 126
Merit: 10
Global loyalty & rewards
September 19, 2018, 05:55:15 AM
#82
Usually if gas price is high, it because the network is too loaded. In that case you will be forced to increase payment for transactions that it took place quicker than the others or you should wait long the in line.
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
September 19, 2018, 05:52:56 AM
#81
Any reason for the Ethereum gas price being so high lately?
I think the reason of it is the pending transactions in ethereum blockchain that's why it causes traffic and it affects the price of the gas price. But we can still adjust the gas price or gwei everytime we make transactions according to the time of requests we want to be.
member
Activity: 208
Merit: 10
September 16, 2018, 05:09:01 AM
#80
Any reason for the Ethereum gas price being so high lately?
Gas price increases because of the heavy traffic in the city . It consumes a heavy traffic and that is why the gasoline prive arises . Also ethereum is the reason above all .
copper member
Activity: 196
Merit: 0
September 08, 2018, 12:47:08 PM
#79
Due to popularity of the etherum gas it's price growth high. it's only depends upon the traffic .it has a high speed of transaction .
newbie
Activity: 53
Merit: 0
September 08, 2018, 12:33:59 PM
#78
you should try sending non-urgent transactions with a lower gas price as the more transactions that occur at the lower gas price, the more likely miners will lower their minimums. A very awesome miner, accepts a 2 GWEI price, but their blocks are always full and when it does it is full so you may have to wait for a few of those.
full member
Activity: 691
Merit: 100
September 08, 2018, 12:27:29 PM
#77
Why is the high price possible because of the demand for smooth transaction processes. For me it doesn't matter as long as our process is smooth when transacting. This is the reason for me.
newbie
Activity: 78
Merit: 0
September 08, 2018, 12:15:22 PM
#76
Any reason for the Ethereum gas price being so high lately?

When Ethereum Network is congested usually the gas price will spike a little bit due transaction prioritization the more high gas offer (gwie) the more it will first to be process thats my simple analogy since when im doing transaction and i want to be faster im just simply set to high gwei price and viola its instant confirm transaction.
newbie
Activity: 126
Merit: 0
September 07, 2018, 04:07:50 AM
#75
It depends on the market. When the market is hot, we can not send ETH easily. That makes us to set high gas price. I always wait until the market is not hot to send ETH. I think it's good decision.
hero member
Activity: 826
Merit: 500
September 07, 2018, 04:05:03 AM
#74
The price rises simultaneously with the growth of the number of users. this is also a market, and the economy operates here. if you are not in a hurry to make a transaction, wait for lechshe. but this does not guarantee.
full member
Activity: 518
Merit: 106
September 07, 2018, 03:56:14 AM
#73
Any reason for the Ethereum gas price being so high lately?

Maybe due to high loads of traffic on Ethereum network, but just ignore those one since if those one is recommended by the network then it will best to anyone to follow it since it could make their transaction more faster, And if you disobey it and lower down the gas then you will surely encounter a long delays of transaction things.
This could be the most probable reason indeed. The current Ethereum price depreciation might have spooked many investors due to which many of them are dumping their Ethereum leading to network congestion which is most likely why the Gas price is so high at the moment. However, I don't necessarily think that it is too high and it is only a temporary scenario and am expecting it to go back down soon once the market stabilizes again.
Now gas price is stable and very rarely exceeds 10 gwei, I do not think it's a lot. The big price was in the spring, when one of the stock exchanges established stupid listing rules.
newbie
Activity: 89
Merit: 0
September 07, 2018, 03:47:37 AM
#72
Congested networks are the main reason, because the increase in usage and the number of users has increased the fuel cost of Ethereum!
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
September 07, 2018, 03:45:54 AM
#71
Any reason for the Ethereum gas price being so high lately?

Maybe due to high loads of traffic on Ethereum network, but just ignore those one since if those one is recommended by the network then it will best to anyone to follow it since it could make their transaction more faster, And if you disobey it and lower down the gas then you will surely encounter a long delays of transaction things.
This could be the most probable reason indeed. The current Ethereum price depreciation might have spooked many investors due to which many of them are dumping their Ethereum leading to network congestion which is most likely why the Gas price is so high at the moment. However, I don't necessarily think that it is too high and it is only a temporary scenario and am expecting it to go back down soon once the market stabilizes again.
jr. member
Activity: 272
Merit: 1
"simply getting the job done"
September 07, 2018, 01:25:23 AM
#70
I must confess this is a mystery I am still unable to unravel. It usually amaze me anytime the price in gas just skyrocket from the average they are supposed to be. Let us forget the fact that so many transactions are always run on ETH network. It's a normal thing; almost everyday we have several thousands, if not millions transactions running on ETH's network on a daily basis.
full member
Activity: 452
Merit: 100
September 06, 2018, 07:52:09 AM
#69
Each transaction requires you to include the value of the gas limit and the commission that you are willing to pay for a unit of gas. Its amount depends on the speed of the transaction and its volume. If the gas was used less than the limit, all excess gas will return to the sender in the form of an Ether.
newbie
Activity: 168
Merit: 0
September 04, 2018, 08:14:32 AM
#68
It all depends on the speed of sending the coin. If you want the coin to come to you faster then of course you'll be more plagued, if you do not rush with the transfer then the GAZ will be small.
full member
Activity: 602
Merit: 100
September 04, 2018, 08:14:14 AM
#67
Only today sent a little ETH, I was quite satisfied with the price of GAS, which is now on ETH, I think that the price today is very small and I hope that in the future we will still be able to reduce commission prices.
Pages:
Jump to: