Insane Gas Fees - page 6. | Bitcointalksearch.org

Iyeman

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Quote from: Bitloca on February 22, 2021, 07:19:25 AM

The team said we have to withdraw the token from the wallet until February 22, after this due date we cannot withdraw it. But seeing these insane fees I am quite upset now.

This has become the main concern by all of the bounty participants from dego finance. I have heard that when you are missing the deadline and the participants were not able to withdraw their doge.
That looks very strange consider the smartcontract has nothing to do with the gas fees. As far as I know, if the gas fees will be determined by the miners and it's not from the smartcontract.

LastKiss

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It's hard to believe that your gas fees reach more than 3900$ Tongue

try input gas fees manually by using advanced option, maybe it can help you to transfer your tokens. When this crazy gas fees increase normally I paid around 25-70 for each transaction, wondering how do you get that insane fees Huh

matjas

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Quote from: Cornia on February 21, 2021, 07:50:09 AM

Quote from: _IRMAN on February 20, 2021, 09:44:20 PM

Don't make a claim, because you will only waste your ETH. Look at the discussion in the bounty group, many people fail in claims.

Hey, I think its not right. Some of my friends claim DEGO token without facing any problem. However, the claim of one or two is failing. Most of the people who are using Trust wallet are failing to make the claim. The chances of failing to claim using Metamask are very low. DEGO tokens now cost more than $4. Then why not claim? Although the transaction fee is much higher when claiming, $20-30 is required. Tomorrow is the last day to claim DEGO. Those who have not yet claimed who should claim.

It looks like there is an error in their smart contract or their token calculation on website is wrong. It all started few days back when you could suddenly claim more tokens than you were entitled to acording to their website. Of course when you actually try to claim them, you first see those ridiculous fees and then an error.

Bitloca

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Quote from: jossiel on February 20, 2021, 04:42:33 PM

Yeah, sure that's insane.

I will wait the right time for me to send those tokens wherever I want. I'll just skip the day and wait until the network's somehow free and will charge me lower fee.

But with that fee, it's not tolerable and it's the solution that I can think of. Skip the day and do something else while waiting for the fees to somehow drop.

The team said we have to withdraw the token from the wallet until February 22, after this due date we cannot withdraw it. But seeing these insane fees I am quite upset now.

Kasabus

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Quote from: khaled0111 on February 21, 2021, 03:11:36 PM

I believe Metamask support adjusting the gas price manually so you can set whatever suits you.
But since no one else faced the same problem, I suggest moving to another wallet and stop using this one in case you ate using a fake version. Is this the first time you use it?

I tried Metamask at once but I don't feel being user-friendly than using MEW. But if OP uses the fake wallet, that be sorry.

But in regards to the gas fee, we have nothing to do with this until the bullish trend end. Everyone has in a bad sentiment looking for any ways to save some fees but it is very unfortunate that we can't find any. We have no choice but to face these changes. It becomes cheap sooner.

bonyaserg

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At the moment, the commission for the sale of tokens has grown very much on the market. In order to bring tokens to the exchange, you need to have a large number of toens, and you also need to pay a huge commission. And what remains to be done is to wait until the commission becomes available for a profitable token sale. I believe that soon the situation will change when the price of Bitcoin drops sharply. And, accordingly, the price of the commission will become available to everyone.

JeffBrad12

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Quote from: Coinsfera on February 22, 2021, 04:03:45 AM

Quote from: Bitloca on February 20, 2021, 02:13:16 PM

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

The transaction fee problem must be solved soon. If it goes like that Ethereum will unbearable to operate. Why they use Ethereum instead of BSC if transaction fees are so high?! Yeah, lots of DEFI projects are on Ethereum but the gas fee is so high. People wait for ETH2.0 to see the solution, but it can be late.

Some EIPs already prepared by the developers but it's not easy to fix it dude. there must be an agreement between all of the nodes that were helping ethereum to run its network and the majority of these nodes didn't agree with the new proposal that already released last month. The power gets centralized to the miner and this is the problem when a project use POW.
The buyers or owners of the token have no power and that's totally non sense thing to see that and this problem will remain forever.

rosebrand

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This can't be true , there must be an error somewhere , if transaction fee cost this much that means there will be a problem Making transaction with this Blockchain , because not everyone can afford such , transaction fee can't be higher than the estimated value of the asset being sent, just imagine an amount hasn't been opted in but it's already showing this high amount, it's very wrong .

Coinsfera

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Quote from: Bitloca on February 20, 2021, 02:13:16 PM

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

The transaction fee problem must be solved soon. If it goes like that Ethereum will unbearable to operate. Why they use Ethereum instead of BSC if transaction fees are so high?! Yeah, lots of DEFI projects are on Ethereum but the gas fee is so high. People wait for ETH2.0 to see the solution, but it can be late.

Bitloca

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Quote from: khaled0111 on February 21, 2021, 03:11:36 PM

I believe Metamask support adjusting the gas price manually so you can set whatever suits you.
But since no one else faced the same problem, I suggest moving to another wallet and stop using this one in case you ate using a fake version. Is this the first time you use it?

I've been using metamask for a long time. I think from 2017, and there haven't been any problems until now. So that I know this is not the fault of metamask. Maybe this has to do with the DEGO smart-contract.

Bitloca

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Quote from: noormcs5 on February 21, 2021, 11:51:38 AM

Quote from: Bitloca on February 20, 2021, 02:13:16 PM

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

Even if you select slow processing time, it will still cost more than an ethereum as a fee which is too much. We do not have any option for now for low fee.

By the way Have you perform this transaction ?

Not yet. I was informed that this is a bug caused by the DEGO smart-contract. They said not to withdraw DEGO tokens until further information.

menoiazei

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Quote from: Bitloca on February 20, 2021, 02:13:16 PM

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

bro these are crazy high fees, stopped using ethereum long ago but this doesn't make sense is too high,
are all transactions in ethereum got so high fees ?? and if so why developers don't do something about this???
this is not very good if you want to use it for real transactions

khaled0111

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I believe Metamask support adjusting the gas price manually so you can set whatever suits you.
But since no one else faced the same problem, I suggest moving to another wallet and stop using this one in case you ate using a fake version. Is this the first time you use it?

MUG1WARA

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I think you made a mistake because it is impossible to send token with fees more than $1000 because what I observed during the increase in gas fees the transaction only need about $20 to $35

isaac_clarke22

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That's insane, but I guess that's one to tell that I didn't experience the worst before as I thought before that I had the largest gas fee when I was still trying to send my ERC-20 token to EtherDelta to sell it and trade it as well.
Learned my lesson from my experience before to be prepared to cover these gas fees as they might be my losses rather than get your trades. Wink

noormcs5

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Quote from: Bitloca on February 20, 2021, 02:13:16 PM

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

Even if you select slow processing time, it will still cost more than an ethereum as a fee which is too much. We do not have any option for now for low fee.

By the way Have you perform this transaction ?

masterrex

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Quote from: Bitloca on February 20, 2021, 02:13:16 PM

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

I think that was a glitch on part of that Metamask wallet. but you are right that was an insane gas fee, Imagine $3000+ no way if thats the price I dont use that coin anymore because its a disgrace and can be the cause to slow down the momentum of the cryptocurrency adoption just look for another alternative or use BSC temporarily instead because the fee is just minimal.

aioc

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This forum is full of complaints about very high transaction fee, but I have not encountered a fee this high, this is really insane this is a big turn off for traders and developers, I have a problem transferring my altcoins with $10 to $15 fees but this fee is really insane and unacceptable if this continues people will be making a big shift and it will become a good opportunity for other chains.

CuriousGeorge

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Quote from: ?? on ??

How come? have not written the nominal etherum yet, but already 1.6 etherum appears? That's bad, there must be errors because what I know for the gas price etherum is in the range of 0.001 for each transaction.

It seems like a bug and it's not only him who already encountered such problem but someone ever created the thread that was discussing about how inaccurate the fees that already calculated by metamask.
that's why there are lots of negative reviews on metamask adds on consider there are still lots of bug on this wallet.

Vishnu.Reang

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Quote from: Bitloca on February 20, 2021, 02:13:16 PM

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

WTF is this? $4620 as transaction fee to transfer a few tokens? Seriously? I have been in to cryptocurrencies for more than 4 years now and never in my life I have seen such insane gas fee with Ethereum. The developers need to take care of this issue right now without much delay. This is just insane. Is there anything special with the DEGO token that takes so much gas? Or is it an error with Metamask?

Topic: Insane Gas Fees - page 6. (Read 1149 times)