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Topic: Volatile Gwei Gas Fees help! (Read 600 times)

legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
November 13, 2021, 09:16:53 AM
#70
The current increase in gas does not guarantee that the transaction will run smoothly because, I see changes in fees in a matter of second they can change until the coins we send arrive or not.
high gas when you send I don't think it's a guarantee of a fast transaction
sr. member
Activity: 1056
Merit: 270
November 13, 2021, 08:43:22 AM
#69
Its like every 10 secs the fees are so volatile according to:
We just have to accept the fact that until something is done about this situation, it will keep on being like this. I get that people want to pay reasonable fee, but at the same time we don't, because we want it to be accepted as soon as possible.

There are way too many transactions, and there are few solutions to it that nobody really works on quickly enough, it has been over a year, even nearly 2 years since this problem started and nobody did anything about it. Everyone is expecting ETH 2.0 to solve this problem but let's be honest it probably won't be. This is why I honestly believe that we should just let it be and focus on other tokens and coins for our pleasure until ETH finally figures it out and fixes it.

Curious to know why you think Eth 2.0 POS wont solve the issue? You think fees will still be expensive just a bit cheaper than current Eth 1.0 POW?
legendary
Activity: 1610
Merit: 1003
November 12, 2021, 05:57:00 PM
#68
i try to swap my coin, and damn, expensive cost displayed on my screen. the problem is, when you pay it low, your transaction never success, when you pay at that rate, it have 50% chance to fail, so you need to pay more. and lot of us will pay more to make it success as fast as it can, it help to raises cost faster. my friend told if in a time, that cost will normal, but instantly change will wait for you
hero member
Activity: 1876
Merit: 524
November 12, 2021, 04:56:53 PM
#67
The amount of gwei may rise in an instant or may experience a decrease in an instant. Even if it shows you 11 hours, the delivery will not take place in that time. Because the gwei rises according to the current market movements, it shows that time. In the coming minutes, this amount of gwei will definitely decrease and the delivery will take place before that estimated time. When making your submissions, first make the gwei amounts defined for you by the wallet you are sending to. Otherwise, it is inevitable that you will suffer in this way.
legendary
Activity: 2338
Merit: 1124
November 12, 2021, 04:49:01 PM
#66
Its like every 10 secs the fees are so volatile according to:
We just have to accept the fact that until something is done about this situation, it will keep on being like this. I get that people want to pay reasonable fee, but at the same time we don't, because we want it to be accepted as soon as possible.

There are way too many transactions, and there are few solutions to it that nobody really works on quickly enough, it has been over a year, even nearly 2 years since this problem started and nobody did anything about it. Everyone is expecting ETH 2.0 to solve this problem but let's be honest it probably won't be. This is why I honestly believe that we should just let it be and focus on other tokens and coins for our pleasure until ETH finally figures it out and fixes it.
legendary
Activity: 2212
Merit: 1008
November 12, 2021, 09:36:20 AM
#65
When you send a transaction it gets to a pending room first. Miners choose transactions with the highest fees and add them in blocks first. Ethereum has become really expensive and slow, so I had to switch to alternative chains such as Polygon and Binance Smart chain as because of high activity, gas fees can increase very rapidly and you need to add gas even after sending your transaction.
sr. member
Activity: 1056
Merit: 270
November 09, 2021, 06:06:51 PM
#64
yes, i also feel very high gas..yesterday i tried to send my token worth $450, and i want to exchange on uniswap, but i have to spend more than $100, that's why i don't do it.no solution to this problem yet. Cry
The solution is to keep holding it until the transaction costs can really go down and if there is a swap option elsewhere than Uniswap it is also better, because Uniswap is a very expensive Dex in terms of transaction fees that must be incurred.

There maybe cheaper DEX out there than uniswap but that means higher risk right?
full member
Activity: 469
Merit: 102
FIRST NFT FORUM TOTALIZER
November 09, 2021, 09:38:44 AM
#63
The solution is to keep holding it until the transaction costs can really go down and if there is a swap option elsewhere than Uniswap it is also better, because Uniswap is a very expensive Dex in terms of transaction fees that must be incurred.

The solution is just to wait until your tokens are even more expensive, so that the $100 fee is not a problem to throw away lol
Maybe both of these methods can be used, waiting for the high price so that we don't feel the loss of $100 for the fee. Moreover, the price of bitcoin and eth is very high, it may take a long time to wait for the fee to stabilize. we can only wait and wait..huft
hero member
Activity: 2184
Merit: 599
November 08, 2021, 11:16:03 AM
#62
yes, i also feel very high gas..yesterday i tried to send my token worth $450, and i want to exchange on uniswap, but i have to spend more than $100, that's why i don't do it.no solution to this problem yet. Cry
The solution is just to wait until your tokens are even more expensive, so that the $100 fee is not a problem to throw away lol
hero member
Activity: 952
Merit: 503
November 08, 2021, 10:37:48 AM
#61
yes, i also feel very high gas..yesterday i tried to send my token worth $450, and i want to exchange on uniswap, but i have to spend more than $100, that's why i don't do it.no solution to this problem yet. Cry
The solution is to keep holding it until the transaction costs can really go down and if there is a swap option elsewhere than Uniswap it is also better, because Uniswap is a very expensive Dex in terms of transaction fees that must be incurred.
full member
Activity: 469
Merit: 102
FIRST NFT FORUM TOTALIZER
November 08, 2021, 10:12:41 AM
#60
yes, i also feel very high gas..yesterday i tried to send my token worth $450, and i want to exchange on uniswap, but i have to spend more than $100, that's why i don't do it.no solution to this problem yet. Cry
sr. member
Activity: 1056
Merit: 270
November 08, 2021, 10:05:26 AM
#59
Anyone know the best website now to track Gwei Gas?
full member
Activity: 396
Merit: 106
October 21, 2021, 10:17:05 AM
#58
I fucking hate these gas fees, they make me so mad. They are so inconsistent and high all the time, I’ve had enough. I now use NEAR to do most of my transactions and trade NFTS because it’s just so much cheaper. The gas fees are almost non and they are consistent. It’s nice knowing you are always going to get a good deal because the stress that some of these gas fees from other networks bring especially when they are low one day and super high the next is insane and I’m just sick of it. I can’t wait until this whole high gas fee phase is over because fuck it’s annoying and it’s honestly holding the crypto market back a lot.
Yeah, fuck ETH gas fees. Each transaction is now like playing with roulette because of the inconsistent. Sick of having to get another tab to calculator the gas wei so you can just barely make it into the pool and allow the miner to pick it up. You and I aren't alone, bet many people will start to migrate out of ETH because of this.
sr. member
Activity: 1056
Merit: 270
October 21, 2021, 09:35:39 AM
#57
The gas prices varies from time to time depending on the amount of transaction been processed at that particular time, I gotta admit it kinda sucks to always watch gas prices before making any transaction, the Internet money shouldn't cost more than $1 per transaction, personally have stopped using or moving eth assets since the gas fees are more expensive than a monthly paycheck over here, instead of always watching eth gas prices before making any transaction while not just move to a better blockchain where you won't have an heart attack when you wanna make a transaction,maybe bsc or near Protocol, although I would recommend Near Protocol cause the gas fees need for transaction on Near blockchain is just $0.01 and it will never go higher than that, stop getting heart attacks when you wanna make a transaction its silly.

Is Near blockchain cheaper than Polygon Blockchain?

How many validators the Near blockchain has and why would a trader use Near over Polygon?
jr. member
Activity: 95
Merit: 2
October 20, 2021, 07:06:55 PM
#56
I fucking hate these gas fees, they make me so mad. They are so inconsistent and high all the time, I’ve had enough. I now use NEAR to do most of my transactions and trade NFTS because it’s just so much cheaper. The gas fees are almost non and they are consistent. It’s nice knowing you are always going to get a good deal because the stress that some of these gas fees from other networks bring especially when they are low one day and super high the next is insane and I’m just sick of it. I can’t wait until this whole high gas fee phase is over because fuck it’s annoying and it’s honestly holding the crypto market back a lot.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
October 20, 2021, 06:18:04 PM
#55
 The gas prices varies from time to time depending on the amount of transaction been processed at that particular time, I gotta admit it kinda sucks to always watch gas prices before making any transaction, the Internet money shouldn't cost more than $1 per transaction, personally have stopped using or moving eth assets since the gas fees are more expensive than a monthly paycheck over here, instead of always watching eth gas prices before making any transaction while not just move to a better blockchain where you won't have an heart attack when you wanna make a transaction,maybe bsc or near Protocol, although I would recommend Near Protocol cause the gas fees need for transaction on Near blockchain is just $0.01 and it will never go higher than that, stop getting heart attacks when you wanna make a transaction its silly.
newbie
Activity: 24
Merit: 0
October 20, 2021, 05:11:54 PM
#54
But why do you use ethereum?  Huh Just use something else till eth2.0 Cool
hero member
Activity: 3038
Merit: 634
October 20, 2021, 04:43:54 PM
#53
Wasn't that you can spend more gas to speed up the stuck/in-hang-of-waiting trasaction? So why would you get both failed and stuck if I speed up the transaction?
Yes, you can speed up your transaction if gets stuck while in the failed transaction, there's no way to speed it up because it has been dropped by the network already. That's the difference between stuck and failed transaction, in failed transaction you have to make the transaction again.

So I have to pay the gas fees again to re-do for failed transactions?
Yes, it's like re-doing the process of sending and that's why you have to resend it just like the usual thing that you do.
sr. member
Activity: 1056
Merit: 270
October 20, 2021, 09:41:35 AM
#52
....
So I have to pay the gas fees again to re-do for failed transactions?
That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

But BSC is much cheaper and less congested right?

I don't understand how the sender is liable to the miners for failed transactions when the sender wallet allows different fee set speed send services, like slow, medium or fast. If sender is liable for failed transaction fees according to the eth blockchain rules then sender should definitely not be liable for failed transactions sent on normal default or fast fees because how is it the sender's fault  Huh
I wouldn't say BSC is less congested since there are also days when daily transactions surpasses Ethereum.

Yes the fees are cheaper there since they have more control on the gas price with only 21 validating nodes. The validators changes from time to time but the total number doesn't.

It's not the responsibility of the Ethereun miners how much fees you used to send. They also do not set the gas price. You should probably remove from your head the centralized finanvial system where fees are fixed for a while and refunds can be done.

Dayum, just 21 nodes? How is this decentralized?

How many nodes does Polygon & Tron have?



Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei  Shocked

Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth  Angry

When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?


Ive been using gasnow.org when checking out gas fees and have integrated some browser extension which is helpful for me to check out if its worth to make out some erc20 transactions or not basing on the gas fees.

I have checked out gasnow and it now turns to https://bitcoin.org/en/ or redirecting which i dont know on what happened but you could also check out on https://etherchain.org/tools/gasnow

which it is just really normal to have those volatile Gwei counts from seconds to seconds which i consider to be typical or default.

Yeah that gasnow site has been shut down. That was the best most accurate site for checking gas fees?



Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei  Shocked


Yeah this really sucks and it happened to me too both on the ethereum chain and on the bitcoin chain. As far as i know you can speed up your transaction, if you have sent it with metamask. Then your transaction will be rebroadcasted again with a higher gas fee. This is not ideal as you have to spend the gas fee twice and there is no guarantee for success but it might be worth a try if that transaction is time critical. There is also a way to remove your transaction from the blockchain, but that is more complicated and you definitely need to follow the guides there step by step.

I thought it was impossible to remove recorded entries from a decentralized public blockchain with lots of nodes. So what do you mean there's a way to remove a transaction from a blockchain  Huh

[moderator's note: consecutive posts merged]
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
October 20, 2021, 01:55:06 AM
#51
This is already ridiculous, an Ethereum network has become troublesome, very high fee and a big time delay, honestly I did not use an Ethereum network only in compulsory cases only, if I have an option I will choose any other network such as Binance or Tron or Polygon.
On mentioning high fees I have NFT in my wallet I want to sell but surprised that the sale fee is higher than NFT itself !!! So I decided to keep it in the wallet until finish updating the Ethereum network to version 2.
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