Ethereum fees are becoming like Bitcoin fees

[Poppy_ALTStrader]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

[Octoalts]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

It is true, and this is very detrimental. Ethereum is not like it used to be for transaction costs, the increase is very high and in my opinion this needs to be changed by Ethereum. Reduce transaction costs as before, so that Ethereum users are not disappointed.

[Muneeb22]

Now the fee of ETH i low but in future the ETH coin fee is going to be so much high like last time and this time ETH coin touch the high value almost 10,000$ and  hope that we make good profit on that time through trading.

[Poppy_ALTStrader]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

It is true, and this is very detrimental. Ethereum is not like it used to be for transaction costs, the increase is very high and in my opinion this needs to be changed by Ethereum. Reduce transaction costs as before, so that Ethereum users are not disappointed.

Well, we can talk about that situation for a very long time, but nothing will change ;(
Guess it's a nice kick for more trades and profitable deals

[Poppy_ALTStrader]

Now the fee of ETH i low but in future the ETH coin fee is going to be so much high like last time and this time ETH coin touch the high value almost 10,000$ and  hope that we make good profit on that time through trading.

If you think that ETH could be $10 000, then I think the best strategy is to hold it for a good time, don't you think so?

[wawan96]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

the very expensive price of gas for the moment I am on a Sunday and sent a token bzrx to poloniex exchange spent gas worth 1.5 USD really the price of gas is quite expensive for 1x send of course this is not good for the bounty Huter if gas is too expensive and the results token in can not be too precious if gas prices do not go down this would be burdensome delivery.

[H2O]

Of course Ethereum gas price is more than bitcoin because last night I transferred my BAZT from my wallet to bilaxy exchange Wallet, oh alas I wonder minimum transaction fees 86 cent. Before transaction fees maybe 20 cent but nowadays my Ethereum wallet transactions fees 5 times increased.

[admin]

true , hopefully that will change after the POS

[themeritedone]

This is becoming a big and repetitive problem whenever the number of transactions on eth increases. NOT JUST ETH bit also the Bitcoin mempool transaction are too high. Eth 2.0. Ant come soon enough.

[hair]

Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

I think this should be a change in Ethereum costs, because the more expensive the price, many people will move to using a cheaper platform such as Ripple.

[Bobcrypto]

I think this high transactions fees on the Ethereum network is currently obtained on it platforms. I have paid less than $1 to move a token to Kucoin from Myetherwallet but I jad paid less than $1 to move ether from my Binance account another personal wallet. I think the centralized exchanges charges less than $1 as transactions fees to move ether to other platforms. I advise the miners to reduce fees to accommodate more users on its networks.

[Zed0X]

I haven't done a transaction on ethereum in a while so I checked ethgasstation and this is what I saw:



WTF! Lol

Those are crazy high fees. I can't even remember sending fees more than 10 gwei.

Bitcoin fees usually goes down to 1 or 2 sats/byte on a weekend (Sunday). I don't know if that's the same with Eth but will check again in a few days.

[KryptoBull]

The reverse of DeFi LOL
We are facing a new wave and transaction fees are only one of the worrying signals. All expectations are still placed on ETH 2.0 with POS & Shardings, in which Shardings play an important role in increasing transaction processing speed.
Testnet will take place in 2 weeks, I think by then we will have the answer

[Alcor]

The reverse of DeFi LOL
We are facing a new wave and transaction fees are only one of the worrying signals. All expectations are still placed on ETH 2.0 with POS & Shardings, in which Shardings play an important role in increasing transaction processing speed.
Testnet will take place in 2 weeks, I think by then we will have the answer

Yes, most likely, such a situation with a high cost of transaction costs due to the congestion of the Ethereum network. The demand for this coin is increasing, and its scalability is still very low. This should be corrected when the Ethereum 2.0 improvements are introduced. They promise that the speed of ethereum transactions will increase to a thousand transactions per second, and then more. You need to wait a while before these improvements.

[Muneeb22]

Now the fee of ETH i low but in future the ETH coin fee is going to be so much high like last time and this time ETH coin touch the high value almost 10,000$ and  hope that we make good profit on that time through trading.

If you think that ETH could be $10 000, then I think the best strategy is to hold it for a good time, don't you think so?

Agree with you becasue ETH coin is a good coin and if e hold this coin it gives us goo profit in the future.