Topic: why is ETH gas again very expensive? (Read 511 times)
I think it's because of heavy traffic on blockchain. Few days ago I sent Ethereum to my friend at standard gas price and it took almost 3 days to complete the transaction. I increased the gas price from 10 Gwei to 60 Gwei and transaction processed very much quickly. If you want transaction processing fast, you better increase the gas price. Otherwise you will be struck in trouble.
This is always happening eth gas are very expensive lately. Eth network too slow to process, maybe of too many users of this network. Well lets just hope they will make a resolution on this problem.
With all the ICOs and Eths price increase i guess it can be expected. The price still isn't to bad. just up your Gwei and gas to get the transaction through.
I think GAS eth has increased significantly over the next few years. with expensive GAS settings bias the transaction can run quickly and there is no delay. it happens because a lot of ETH transactions that take place every day.
Is it possible to soon use Ether, will it be as costly as Bitcoin?
With its giant commissions and a very long time of transaction confirmation!
With its giant commissions and a very long time of transaction confirmation!
Could be the number of ICO's happening at the moment, so the Ethereum network is clogged with transactions. Or maybe it is the fact that Ethereum hit $1000, so many people are FOMO-ing and buying into Ethereum and transferring it to their wallets, or the other way around and selling it instead.
I use maximum Gwei now for all my Eth transactions. I hate my Eth getting stuck so don't take any chances. I use 60 Gwei and around 120k gas to move Eth or other tokens around. I know it's a bit pricey but think about it, Eth is now sitting at over 1k USD so it's natural that the gas price will go up accordingly. It's still far cheaper than Bitcoin transfer prices at least. So we aren't doing too badly. Just best not to move around a too low amount of tokens or Eth.
With such a trend, all airdrops are doomed. Usually there are few tokens in them and their cost is relatively small. I think that everyone will reduce the cost of translations by reducing gwei.
Hoping that the transactions fees will come back to normal, I’m a little bit afraid that there will come a time that it will be on par with bitcoin when it comes to transaction fees.
transactions are very expensive these days.. i transferred some cobs to ED to trade for eth and one of y friend sent me 0.5 eth 2 times but the transactions are still pending :-/ i didnt had the idea that ETH blokchain is again clogged now its been 3 days and transactions are still pending.. high gas need to be used to go through the transaction :-/
I use maximum Gwei now for all my Eth transactions. I hate my Eth getting stuck so don't take any chances. I use 60 Gwei and around 120k gas to move Eth or other tokens around. I know it's a bit pricey but think about it, Eth is now sitting at over 1k USD so it's natural that the gas price will go up accordingly. It's still far cheaper than Bitcoin transfer prices at least. So we aren't doing too badly. Just best not to move around a too low amount of tokens or Eth.
eth value increased $1000 of course gas price more expensive than before.
I've 1 pending transaction and need 3days to completed with 20GWEI. now ethereum have 33k pending tx, it's busy traffic.
so it's normal to use high fees if you don't want your transaction pending
I've 1 pending transaction and need 3days to completed with 20GWEI. now ethereum have 33k pending tx, it's busy traffic.
so it's normal to use high fees if you don't want your transaction pending
05/01/2018 I made a transaction with 55Gwei!without this fee I cant able to make a transaction so I did the transaction with this fees 
etherdelta really killing me with the gas fees need to be more 21gwei. i hate this blockchain. all i can see it cannot handle a big crowd data changes. everytime when some token got pump high the blockchain will need a high fees to give at the miner for fast processes and the small transaction will be stuck for a long time. just lame. this was blockchain weakness. 
In the thread, Ethereum co-founder and lead developer Vitalik Buterin presented a counter argument to madvas’ concern regarding gas costs. Madvas previously noted that to create a profile on Ethlance, it costs around 3.7 million gas. Buterin explained that if a smart contract initiation costs users 3.7 million gas, the application itself is coded suboptimally. He also emphasized that the Ethereum development team is at fault for not providing sufficient tools to carry out large data sets and smart contracts.
For the past 24 hours gas for Ethereum has again become very expensive, at least 21 Gwei.
https://ethgasstation.info/
Anyone knows why? Some other game like the cryptokitties perhaps?
https://ethgasstation.info/
Anyone knows why? Some other game like the cryptokitties perhaps?
I think Gas for ethereum become expensive because so many a lot people doing some transaction on ethereum blockchain like sending tokens to the exchanger or other wallet and it make ethereum traffic network become overloaded
Really? what wallet are you using? If you use MEW, you should be able to determine how much gas you use to send. Where there are 3 levels in the amount of gas you specify that is very very slow, maybe fast, and fast. And 20 Gwei listed as the default gas total and that still be on bottom level speed. Last time I see, it's only worth $ 1.
Increase in ETH's price results to a sudden increase in transaction fee also. It is the same with bitcoin that most of exchanges has a constant amount of transaction fee. That means an increase also means a higher transaction fee.
maybe GAS Very expensive from request fee miner .
because for now cost for operational mining its so expensive too.
and than transaction so hard every second on block.
because for now cost for operational mining its so expensive too.
and than transaction so hard every second on block.
it may happen because the price of ethereum that rises to $ 1000 so make the gas price go up too, because gas price use ETH and ETH price go up so that it influence, and vice versa if price of ETH down gas price also down
i am so sad that bitcoin's problem happen in ethereum again . let see how VK can solve this problem
but actually the price of ethereum is moving up.
Who's VK? Did you refer to the vitalik king or king vitalik but actually the price of ethereum is moving up.
But ethereum will become big and big in the future https://bitcoinmagazine.com/articles/ethereum-killer-ethereum-20-vitalik-buterins-roadmap/roadmap 2.0 looks bring something that very useful for us as the ethereum platform users.
game like cryptokitty is not again the factor that caused gas is very expensive right now, it's because the leap on eth itself like we see the price of eth keep rising. and yesterday gas reach 60 gwei
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