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Topic: Why do people still use ETH? - page 7. (Read 1113 times)

sr. member
Activity: 1554
Merit: 413
July 20, 2021, 01:22:51 PM
#6
ethereum gas fees are cheap
The current gas fees as shown on etherscan for trading on "DEX" like Uniswap is around $4 - $6. You must be some rich guy to say spending that amount for fees only is cheap. It was significantly reduced but I wouldn't say it's cheap.

You can spend less than $1 transaction fee on BSC. I can call that cheap.
sr. member
Activity: 2338
Merit: 365
July 20, 2021, 01:04:58 PM
#5
ethereum gas fees are cheap and there are still many platforms that use erc20...

ethereum is still the most interesting altcoin, the emergence of bsc is only an escape when ethereum gas fees are high. I am also still very active in transacting with ethereum on uniswap.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
July 20, 2021, 12:30:19 PM
#4
every year I hear this.
transactions will become cheaper, we will get away from this, exchanges will become faster, but so far everything is only worse.
The implementation might take a few years as ethereum protocol is alive and any update through EIP must have passed so many things like approval from the miners, community, audited and tested.
That means it that will need a very long time to implement the update .
The update was not related to the exchange site but if you meant about the swap service and this is still having relationship
full member
Activity: 486
Merit: 110
July 20, 2021, 12:11:08 PM
#3
You talking about something that's already been fixed mate, Ethereum transaction fee is no longer a problem and August is close which we will see even better and cheaper transaction fee on Ethereum network, the headache is already over, as for the question you asked many people just prefer ETH and you and I can't change their minds

every year I hear this.
transactions will become cheaper, we will get away from this, exchanges will become faster, but so far everything is only worse.
member
Activity: 301
Merit: 13
$CYBERCASH METAVERSE
July 20, 2021, 04:48:25 AM
#2
You talking about something that's already been fixed mate, Ethereum transaction fee is no longer a problem and August is close which we will see even better and cheaper transaction fee on Ethereum network, the headache is already over, as for the question you asked many people just prefer ETH and you and I can't change their minds
full member
Activity: 486
Merit: 110
July 20, 2021, 04:42:51 AM
#1
My acquaintance with Ethereum began in 2017, then it was a very good technology. Probably everyone remembers, ICO, Bounty, crazy profits! I have been through this and am very grateful to ETH, but now everything is different.

If you did not use DEX, did not trade in the DeFi sector, then I envy you very much, because it was simply impossible to do this on the Ethereum blockchain LOL)

I started trading in DEX last summer, undoubtedly it was the easiest profit in my life, but then everything changed dramatically)))

With the arrival of more and more new users, the increase in the price of Ethereum, the huge load on the network, I was just shocked by the commission.

On average, I spent about 1-2 thousand dollars on a transaction. When the commission was $30 for the sell/buy exchange, then you don't really notice it. BUT when the commission became  $150 one way, I realized that this was just a robbery.

Yes, I understand that when you change 20 thousand dollars, you don't think much about it. But when you give 15-30% of your turnover to a transaction for a commission, it's just shit.

I spend a thousand dollars, and I give 150-200 dollars just to nowhere! What kind of nonsense is this guys?) Can't you see that Ethereum is just a piece of shit?

And also this famous Failed))) hahah. Do you think that you will not pay for the canceled transaction? LOL) You will pay 2-3 times if the hype around the coin is huge and your slippage just does not have time!

As a result, I stopped trading on DEX. I was looking for alternatives like NEAR, TRON, BSC and so on. But due to the low liquidity, you will not earn a lot of money there.

So here's a question for you, everyone who trades on DEX from Ethereum. Don't you feel sorry for your money at all? Do you want to wait 10 minutes for an exchange? Do you want to see failed every time you did not guess the commission? You guys are masochists!

Switch to other DEX, use other blockchains, forget about Ethereum with their eternal promises!

Let's discuss what alternatives to Ethereum currently exist? Let's figure it out together!
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