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Topic: Insane Gas Fees - page 4. (Read 1149 times)

sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
February 25, 2021, 12:32:30 PM
#90
For the Gods Unchained trading card game on the Ethereum blockchain, the in-game market is unbearable due to the insanely high gas prices. In order to buy a trading card which may cost a penny $0.01, Could have cost you $30 because of the exuberant fees. Luckily the game doesn't require the market in order to play, but still this has a very  negative impact upon the games ecosystem. So, I really feel you pain, I also believe that the gas prices may or may not be the reason Eth hasn't mooned as much a Bitcoin has been.
hero member
Activity: 2170
Merit: 530
February 25, 2021, 12:29:31 PM
#89
With the development if ETH 2.0 and once that it is already online it will definitely fix this kind of problem that we always encountered especially this time of bull market. Also, this innovation of the ethereum blockchain it will help most especially the small time investors because is really a pain in their ass.
I hope it will be , because we're slowly being killed by the gas fee, sometimes the value we are transferring is much lower than the fees that are very very high, that's why it is no doubt many projects turned to bsc because their presale is being paused or getting slower because of this fee and if we want to participate in some presale we should buy in tons because it is expensive to have multiple transactions now.
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
February 25, 2021, 12:17:35 PM
#88
Last night I sent tokens from my personal wallet to exchange, and it cost me $50. I'm also waiting for a low fee to unstake my liquidity pool. Hope there is a solution for this all.
sr. member
Activity: 882
Merit: 252
February 25, 2021, 12:05:17 PM
#87
Now erc20 platform coin make you crazy with gas fees and not good ideas if you want to send now and looking early how much your coin value and compare with gas fees still profitable or not before send you coin, I have forget with my assets have value under $20 or $30 because I need to pay more than $15 fees transaction if success but if failed my fees gone and I miss to get profit with selling coins.
hero member
Activity: 2128
Merit: 520
February 25, 2021, 11:55:52 AM
#86
With the development if ETH 2.0 and once that it is already online it will definitely fix this kind of problem that we always encountered especially this time of bull market. Also, this innovation of the ethereum blockchain it will help most especially the small time investors because is really a pain in their ass.

It's needed for this adjustment as fees really hurting small investors, with some adjustment to
lessen it will help traders and investors to continue chasing for good project that based from
ERC20, Team should take this to help those traders who are now trapped with high fees and
can't do anything with their assets.
sr. member
Activity: 1176
Merit: 282
February 25, 2021, 11:49:54 AM
#85
With the development if ETH 2.0 and once that it is already online it will definitely fix this kind of problem that we always encountered especially this time of bull market. Also, this innovation of the ethereum blockchain it will help most especially the small time investors because is really a pain in their ass.
It's not a fact that the fiies will fall a lot after the update. Now is a great time for small investors. Because they can enter projects through different chains (bnb and heco).
jr. member
Activity: 316
Merit: 1
i love turtle
February 25, 2021, 11:34:15 AM
#84
Insane gas fees when you want to transfer token from your wallet it cost you much. Small time investor are the most affected of this expensive fees. This is why also other users prefer to have a transactions in bsc network because of the cheap fees. Eth users are always asking when this will be resolved so I'm also hoping for the resolution of network fees.

Yeah because of this problem, the team from DEGO is doing a smart contract renewal and starting to adopt BSC as the basis of their smart contract. And this is a good step taken by the DEGO team.
sr. member
Activity: 1190
Merit: 256
February 24, 2021, 07:59:12 PM
#83
Insane gas fees when you want to transfer token from your wallet it cost you much. Small time investor are the most affected of this expensive fees. This is why also other users prefer to have a transactions in bsc network because of the cheap fees. Eth users are always asking when this will be resolved so I'm also hoping for the resolution of network fees.

ETH 2.0 is the second major version of ETH created to mitigate the current eth network issues. It's true that small time investors are the ones who are mostly affected by the high gas fees on the network. Sometimes, gas fees cost more than the actual cost of my tokens. It's difficult to conduct low to medium transactions now if costs is being considered. That's why bsc has been in the hype lately. It's like an eth mirror change only better.
hero member
Activity: 1428
Merit: 506
February 24, 2021, 07:53:48 PM
#82
Insane gas fees when you want to transfer token from your wallet it cost you much. Small time investor are the most affected of this expensive fees. This is why also other users prefer to have a transactions in bsc network because of the cheap fees. Eth users are always asking when this will be resolved so I'm also hoping for the resolution of network fees.
sr. member
Activity: 2338
Merit: 365
February 24, 2021, 04:21:33 PM
#81
This issue with Gas is something that cut across everyone, I wanted to buy SFI today and when I saw the transaction fees I needed to pay I decided against buy the token, if it cost $6 to send Ethereum then you will need to pay $40 or more for ERC20 transfer and even higher, if Uniswap wants to retain their 1 number spot they need to deploy their Platform on L2 now or another project with better solution to this transaction issue will come up and take their spot
BSC has started replacing ETH...
all people in the world who transact using the ethereum network complain about this. who is comfortable with such unstable gas fees? uniswap fee is a joke. bsc is the current favorite. *to vitalik, don't blame the user for switching to bsc
legendary
Activity: 1876
Merit: 4532
February 24, 2021, 04:19:10 PM
#80
$ 50 if during the swap process you interact with one smart contract, for example, an Ethereum - token.
If the exchange takes place according to the token-ethereum-stablecoin scheme, then the amount will be much larger.
It is better to set the commission above the average, otherwise there is a chance of getting a Fail with error transaction.
This often happens when the smart contract does not have enough gas limit.
hero member
Activity: 1876
Merit: 512
February 24, 2021, 03:37:29 PM
#79
This issue with Gas is something that cut across everyone, I wanted to buy SFI today and when I saw the transaction fees I needed to pay I decided against buy the token, if it cost $6 to send Ethereum then you will need to pay $40 or more for ERC20 transfer and even higher, if Uniswap wants to retain their 1 number spot they need to deploy their Platform on L2 now or another project with better solution to this transaction issue will come up and take their spot
jr. member
Activity: 868
Merit: 1
February 24, 2021, 02:52:14 PM
#78
I plan to transfer DEGO tokens to my wallet, and see how much it will cost me for fees alone. This is driving me crazy  Sad



ethereum gas so high bro why beacuse of eth also price going up also same on bsc chain the bsc gas is going up also beacuse of the bnb going high price lets wait the network of holo chain they do the they holo network ithink the gas in there will be low.
ihope eth adjust the network fee transaction when the ethreum price is high
sr. member
Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
February 24, 2021, 02:35:11 PM
#77
And that is what makes ethereum unpopuler now and many developer and eetail investor move to BNB and project in BNB, and also happen to polkadot. I also hate those fees it is like ethereum is only for big investor now. And minimum investment arround $10k then uou can cover your ethereum fees.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
February 24, 2021, 12:55:49 PM
#76
The gas fee are changing rapidly I just check a few hours ago it was around 110 gwei then after a couple of hours it was around 400+gwei and now the standard gwei is only at 272 gwei.
I think it is better to wait for it to drop down so you could save up some ETH if your transaction isn't in a rush.
P.S I am checking the gas fee at https://ethgasstation.info/
jr. member
Activity: 316
Merit: 1
i love turtle
February 24, 2021, 12:35:36 PM
#75
Is screenshot OP serious? because on February 20 I also made transaction but did not find gas costs like that
For OP, did you use the same GWEI as https://etherscan.io/gastracker at that time? or are you making GWEI much bigger?

I'm serious and don't manipulate anything. You can ask other hunters who hold DEGO tokens, they also complain about the same thing.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
February 24, 2021, 12:02:25 PM
#74
The issue of high transaction fees is now all over the blockchain network,  I try to send some bitcoin and on checking the transaction fees it surpassed the amount I wanted to send so I just have to canc6the transaction.

Even the big companies are now halting their withdrawals and making it happen in batches or charging higher fees now. I still think sending BTC on your own is okay, if you don't use many inputs, but I can imagine ETH is painful now for smart contract transactions I saw it's $100 for reasonable timing which is frankly, not right:)
sr. member
Activity: 1414
Merit: 255
February 24, 2021, 07:06:36 AM
#73
Is screenshot OP serious? because on February 20 I also made transaction but did not find gas costs like that
For OP, did you use the same GWEI as https://etherscan.io/gastracker at that time? or are you making GWEI much bigger?
jr. member
Activity: 316
Merit: 1
i love turtle
February 24, 2021, 04:20:52 AM
#72
What the? that is so crazy how you end up that high gas fee? the eth 2.0 is really failure, I thought this can solve to lower the gas fee but still the gas is so high. I don't think if someone willing to pay $4k fee just to transfer their ETH or a token..

If someone were to pay 4K USD for a transaction that was worth hundreds of dollars, I think he's crazy. Lol
full member
Activity: 1358
Merit: 100
February 23, 2021, 01:20:14 PM
#71
What the? that is so crazy how you end up that high gas fee? the eth 2.0 is really failure, I thought this can solve to lower the gas fee but still the gas is so high. I don't think if someone willing to pay $4k fee just to transfer their ETH or a token..
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