i'm sure they'll find a solution to this problem so don't worry too much.
especially if eth 2.0 is released, maybe the problem of high fees will end soon.
but if you feel ethereum gas is too expensive, you can look for alternatives.
many options that you can use with cheap gas fees.
Topic: I'm scared of ethereum gas fee - page 4. (Read 1903 times)
What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
It's natural for me ETH will increase its gas especially if there are many transactions on ERC20. We will just wait for the gas fee to drop, it is not new to us especially bounty hunters and to those who joins airdrops where lots of coins received for free. Everything will go normal in the future just do not be greedy. I don't think the Ethereum network congestion can reduce with time.
Well I don't think that ethereum gas fee will exceeds up to $2000 dollars knowing that many people are using their blockchain it will definitely a big problem to them and many people will definitely rally and further boycott them if that will happen.
There is no need for an explicit boycott, Ethereum will take care of itself when it realizes that many of its users are choosing other blockchain network alternatives to meet the needs of every developer or individual.Hopefully Ethereum 2.0 will be the answer to all the Ethereum community that can provide convenience in making transactions, in the form of low GAS fees that users must pay
What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
Well I don't think that ethereum gas fee will exceeds up to $2000 dollars knowing that many people are using their blockchain it will definitely a big problem to them and many people will definitely rally and further boycott them if that will happen. I don't think the Ethereum network congestion can reduce with time.
I am also an ETH holder, and I am also worried about this situation. afraid when old holders will feel stifled and immediately switch to another altcoin / token which will make the demand less so that the price will go bad (hopefully that's just my dirty mind). Rising gas prices overwhelmed small traders / holders like myself. will ETH v2.0 be able to solve this problem? hopefully
I have a few coins on ethereum and are still waiting for etherium costs to drop, because now it is very expensive for me, and for ETH v2.0 I am not sure will be able to solve this problem, because shipping costs depend on the density of the transaction 
I am also an ETH holder, and I am also worried about this situation. afraid when old holders will feel stifled and immediately switch to another altcoin / token which will make the demand less so that the price will go bad (hopefully that's just my dirty mind). Rising gas prices overwhelmed small traders / holders like myself. will ETH v2.0 be able to solve this problem? hopefully
indeed what is waiting is the development of ethereum which is said to launch Ethereum 2.0 but I am still not sure that this project will make Ethereum price expensive or not because to be honest I am not sure and there is no guarantee that the price will go up. yes, the current increase in ETH fees is going crazy and this can be problematic. I mean, If you are trading a very small cryptocurrency turnover, you have to withdraw from the exchange 1 time in a few months so as not to lose a lot of commissions, this is one way. Only trade on the stock exchange and don't withdraw for a long time.
I used to transfer tokens between exchanges quite often, if I could buy them on one exchange cheaper and sell them on the second more expensive. Now I stopped doing this because of the high commissions of the ether network. Now this method does not bring me any income and it upsets me.
It all depends on the expected profit from trading. If it covers all the costs of making all transactions, then why not trade? Just such Commission sizes limit the possible trading options. And also suffer those who in the pursuit of profit incorrectly calculated the amount of all commissions and because of this received losses.
Fee ETH has been on rise for a while now, it is so frustrating to transaction without facing the high eth fees, if you want your transaction go faster then you just have to increase your gas otherwise your transaction will not go through, this is the new reality.
If ETH really hits the $ 2000 mark you mean, then you don't have to worry about fuel costs. but in my opinion it is impossible if ETH can reach that price. Regarding this, you don't need to worry, if I'm not mistaken, the same thing happened in 2017 where high ETH Gas prices and a network system crash resulted in slow transactions. and I think this problem will be resolved soon or can return to normal.
What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
I don't think the Ethereum network congestion can reduce with time.
I share your concern about this, the day that we could send our small value tokens seems to be over, the gas is much more bigger than the value of some tokens I'm holding. LOL, I can't even send the small ones. It's impossible for me to spend now in ethereum blockchain and maybe only the whales got to enjoy the earnings now to some ethereum based projects. And speaking of projects, I've saw a good one to invest to today, I've heard NFT's will be the next big thing in crypto markets, so if you're interested. you can search for KittieFIGHT.
gas costs ethereum will remain as it has been for years the cost of gas continues as it increases and decreases continued to occur no solution to the fee-gas possibility this will happen a few more years for miners require more profit for each miner so for the price of fee-gas ethereum will not be can be stable for the near future.
What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
My guess and hope is - the price of eth will only get this big after eth2.0 update is out which should solve this fee issue going on right now.I don't think the Ethereum network congestion can reduce with time.
Thus, its not going to be a problem then
yeah, but we are talking about phase 1.5 at least, and that would be in a year, or year and a half, so not that soon
i just hope that competition will stay as of now, and will not cause many issues for ETH, just copying Ethereum solutions to their network, and picking up on that, if we have something disruptive in the mean-time, will be very tough for Ethereum to defend first-mover advantage
The recent increase in ethereum gas costs has been a problem for users, especially for me, I have several tokens from the bounty proceeds and want to move them to my mobile wallet but the delivery costs are more expensive than the token value.
This problem is not only for you who experience it, but all ERC-20 wallet users experience the same thing, namely the high cost of gas so that they cannot make the transaction they want at this time. What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
My guess and hope is - the price of eth will only get this big after eth2.0 update is out which should solve this fee issue going on right now.I don't think the Ethereum network congestion can reduce with time.
Thus, its not going to be a problem then
Still with too much gas, it is difficult for beginners to start something so currently it is very difficult for them to understand transactions in large amounts and small amounts, many are turning to other coins to facilitate their transactions, if ethereum like this continues it is very difficult for all people, even many projects switch to using the TRC20 or to other coins, who knows how long it will end if left idle, it will harm many parties, especially miners and investors ..
What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
I don't think the Ethereum network congestion can reduce with time.
Take a closer look at trs20 tokens. The network has zero fees, so trading is much easier to afford for a beginner. After some time erc20 network will come back to regular fee rates.
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Hope ethereum 2.0 will solve the problem.
But ETH 2.0 its already active right? if not when then?
As per their announcement we can expect the launch of ethereum 2.0 in the month of November or atleast before 202 ends said by Vitalik.
Changing PoW to Pos is expected to increase 100K transactions per second on ethereum network.
Of course, the gas price is quite high, but it cannot reach $ 2,000 in the near future. At the moment, a second protocol is being developed to solve this problem.
Gas prices have skyrocketed due to de-fi projects. If it goes like this the ethereum network will not be able to handle it. Ethereum needs to be improved.
the high gas fee has made me stop transactions on tokens which using the ERC-20 blockchain...Vitalik must take this seriously because many transactions are delayed due to very high gas fees. Just imagine I have to pay $ 3 gas fee to process an ERC-20 based coin, this is really very difficult for traders.
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Hope ethereum 2.0 will solve the problem.
But ETH 2.0 its already active right? if not when then?
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