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Author Topic: High transaction fees: Ethereum's fatal weakness  (Read 4540 times)

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #30 on: May 03, 2021, 08:26:30 PM »
Keep calm mate, Ethereum team already reduce the has fee. I think It is good thing for Ethereum market. Because I see after ERC20 network fee is going down, Ethereum price is increasing . I hope It will continue until the end of this year.
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Re: High transaction fees: Ethereum's fatal weakness
« Reply #30 on: May 03, 2021, 08:26:30 PM »

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #31 on: May 04, 2021, 11:54:55 AM »
In fact the biggest problem was the high etherium transaction fees. The biggest problem for Bounty Hunters was that they could get $50 to $60 in tokens from any spelling campaign. It turned out to be offered on the Etherium platform but would have cost a transaction fee of  $40 to $50 to sell, so Etherium's popularity has plummeted and prices have not risen. But the current situation is that with Ethereum's transaction fees falling, Ethereum's price is only rising.
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Re: High transaction fees: Ethereum's fatal weakness
« Reply #32 on: May 04, 2021, 05:31:53 PM »
In fact the biggest problem was the high etherium transaction fees. The biggest problem for Bounty Hunters was that they could get $50 to $60 in tokens from any spelling campaign. It turned out to be offered on the Etherium platform but would have cost a transaction fee of  $40 to $50 to sell, so Etherium's popularity has plummeted and prices have not risen. But the current situation is that with Ethereum's transaction fees falling, Ethereum's price is only rising.

Yes I think high transaction fee is the biggest problem now, not only for bounty Hunters but for all investors too. I see many investors complaint about it. But I also believe ethereum team will have good solution that will solve this problem.
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Re: High transaction fees: Ethereum's fatal weakness
« Reply #33 on: May 07, 2021, 11:07:30 AM »
I would say the Ethereum platform has lost a lot of popularity for the extra transaction fees.Extra transaction fees were the cause of many problems for everyone.But now that problem has been solved to some extent.Now everyone has to sell their tokens and no longer have to worry about additional transaction fees.

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #34 on: May 07, 2021, 05:26:55 PM »
Ethereum High Transaction Fees Of course Ethereum's fatal weakness. If we look at 1 month ago, we will see that the Ethereum price has not increased in such a way due to the high level of Ethereum transaction free despite its popularity. We consider the next few bitcoins that Etherium did not increase in price in such a way just because of the extra transaction fee. Now the Etherium price has come down but the Etherium price has gone up. That’s why I think Ethereum High Transaction fees brings the bad side of Etherium to the book.

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #35 on: May 08, 2021, 08:36:31 AM »
Indeed, this Ethereum transaction fee is very crazy and all investors are also afraid to trade on the Ethereum blockchain or are also afraid to buy tokens from ERC20.
I am also sure that Ethereum does have a lot of stories to reduce transaction costs but seeing the current situation that has not been realized, it is also very afraid to invest in ERC20 tokens.
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Re: High transaction fees: Ethereum's fatal weakness
« Reply #36 on: May 08, 2021, 02:05:10 PM »
Recently Ethereum network fees are lower than. Before days. But you should notice that Ethereum network fees depends on number of transactions. When Ethereum transactions number increase then Ethereum network fees also increase.

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #36 on: May 08, 2021, 02:05:10 PM »


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Re: High transaction fees: Ethereum's fatal weakness
« Reply #37 on: May 08, 2021, 04:29:10 PM »
Recently Ethereum network fees are lower than. Before days. But you should notice that Ethereum network fees depends on number of transactions. When Ethereum transactions number increase then Ethereum network fees also increase.
in vain many did not trust good information about reducing the cost of transactions. today we see exactly what the Ethereum developers previously stated. commissions are lowered, and Ethereum is steadily climbing up to the moon.

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #38 on: May 08, 2021, 11:03:52 PM »
Now the ETH gas fee is low becasue so many new projects now move to the TRX wallet and also to the BNB wallet becasue of low fee and that is the reason that the ETH gas fee is low at this time and in future the ETH gas fee is going to low more.

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #39 on: May 08, 2021, 11:18:43 PM »
Two days ago, while transferring tokens, I noticed that the Ethereum network fee has come down a lot, but lately I have noticed that the Ethereum network fee has become the same again.  Etherium authorities should take steps to reduce additional gas fees quickly.

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #40 on: May 09, 2021, 11:13:01 AM »
Two days ago, while transferring tokens, I noticed that the Ethereum network fee has come down a lot, but lately I have noticed that the Ethereum network fee has become the same again.  Etherium authorities should take steps to reduce additional gas fees quickly.

It is true that since yesterday, when Ethereum reached a new ATH (and today it reaches new ones), transaction fees have gone up a lot again. The Ethereum "authorities" are unable or unwilling to do anything, I think we have no choice but to wait for the hard fork in July, with the problems that this is going to give us all...

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Re: High transaction fees: Ethereum's fatal weakness
« Reply #41 on: May 09, 2021, 05:23:49 PM »
The cost of gas fees may not be the same as it was in the past.  Transaction fees are much lower than in the past.  So now everyone can transfer tokens. No problem. Before, gas fee was the biggest problem.  But now the problem has been solved due to the low amount of gas fee.
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Re: High transaction fees: Ethereum's fatal weakness
« Reply #42 on: May 22, 2021, 12:40:28 AM »
Of course the extra transaction fees has an effect on the Etherium Price. Ethereum transaction fees increased so much that none of its tokens were invested in the Ethereum platform. And what Bounty Hunters had a problem with was that even if they got some tokens, selling them on the Etherium platform would have seen a higher transaction fee than the amount of dollars that could be sold. But the current situation is that Ethereum transaction fees have come down.
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Re: High transaction fees: Ethereum's fatal weakness
« Reply #43 on: May 28, 2021, 07:22:16 AM »
Yes I think so. All of Ethereum's are far ahead of other platforms. But the thing that has disappointed people the most about the Ethereum platform is that its additional transactions are fee. People are leaving the Ethereum platform only because of the additional transaction fee of their platform.
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Re: High transaction fees: Ethereum's fatal weakness
« Reply #44 on: June 01, 2021, 02:10:35 PM »
Disappointment must be there but in fact it is like that and the cost of sending Ethereum is very difficult to control and the price is getting more expensive and difficult to break down.
But as I write this thread Ethereum transaction fees are starting to drop and everyone is getting excited to keep going back to using Ethereum and erc20 tokens. Good to see.
I find this kind of manipulation, whoever it is giving the game a drop and a price hike and it gives me a headache when Ethereum's transaction fees get expensive.

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Casino & Sports Betting
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B O O S T E D
R E W A R D S

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FOR CRYPTO PLAYERS
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BTC
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DOGE
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XRP
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PLAY NOW.
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