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Author Topic: Ethereum gash fee high.  (Read 16081 times)

Offline gotbounty

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Re: Ethereum gash fee high.
« Reply #105 on: March 04, 2021, 11:36:46 PM »
Yeah, it is sad to see the gas fee be very expensive. I have some bounty tokens on my wallets that cannot be transferred to exchange wallets because of the high gas fees for transactions. I am still waiting for the ETH gas around 60 Gwei to transfer some of my bounty tokens. I want to sell the bounty tokens to convert to top altcoins.
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Re: Ethereum gash fee high.
« Reply #105 on: March 04, 2021, 11:36:46 PM »

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Offline sampoerna

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Re: Why the ETH gas fee so high?
« Reply #106 on: March 04, 2021, 11:39:20 PM »
I think that this condition will not change anymore. We know to see how the ETH price is increasing so that eth fee is also increasing enough due to the higher transaction and crowded networks. However, will it decrease again? Of course, we always hope so but they may be still so increasing

Offline AlviNess

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Re: Why the ETH gas fee so high?
« Reply #107 on: March 05, 2021, 04:58:27 AM »
Compared to a few days ago, Ethereum's transaction is now fee and some people can afford it. People are able to transact fairly now.Ethereum's transaction fee has some days ago increased so much that people could not transact any tokens or coins on this platform.Now I don't have a very good idea of ​​why Ethereum transaction fees are rising so much.
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Re: Why the ETH gas fee so high?
« Reply #108 on: March 06, 2021, 04:29:23 AM »
I think because Ethereum has become so expensive that every decimal digit has become expensive.
Suppose the token delivery fee costs 0.005 Eth and if Ethereum is at 100 USD then it will feel cheap.
But if Ethereum is at a price of 2000 USD when it costs 0.005 Eth it will feel expensive because the decimal fraction is taken from the increase in Ethereum price. This is only my opininon and not fiancial advice .

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Re: Why the ETH gas fee so high?
« Reply #109 on: March 06, 2021, 02:59:19 PM »
Compared to a few days ago, Ethereum's transaction is now fee and some people can afford it. People are able to transact fairly now.Ethereum's transaction fee has some days ago increased so much that people could not transact any tokens or coins on this platform.Now I don't have a very good idea of ​​why Ethereum transaction fees are rising so much.

What you are asking is also the same as what I have complained about for a long time, about why ethereum transaction fees have increased so much, some say because the timing is not right when the transaction situation is busy. but when we have to wait until the transaction is not crowded, it might be difficult.
we only hope that there will be a significant change in the gas fee.

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Re: Why the ETH gas fee so high?
« Reply #110 on: March 06, 2021, 04:00:20 PM »
If the price of etherium continues to rise, the price of etherium gas will increase a lot.  Thus if gas free growth continues, etherium will increase.  Etherium is currently dumping prices.  So maybe the gas-free decline.  So I think if the price of etherium continues to rise, gas free will go up.
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Re: Why the ETH gas fee so high?
« Reply #111 on: March 06, 2021, 04:13:04 PM »
Compared to the past, the current gas fee is really surprising all users. Because I've never seen Ethereum's transaction fees before. Ethereum's extra transactions are fee.The token that used to cost less than a dollar gas to trade today is now more than $10 gas free.There are many users who are unable to deposit in their stores just because of the extra transactions.
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Re: Why the ETH gas fee so high?
« Reply #111 on: March 06, 2021, 04:13:04 PM »


Offline Carbitcoin

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Re: Why the ETH gas fee so high?
« Reply #112 on: March 06, 2021, 05:01:39 PM »
Gas price is too high because Ethereum increase from $500 to $1,500. This is what I think the reason why gas fee is high because of Ethereum demand globally. The huge interest from investors triggered the eth gas fee to increase. I'm not sure but maybe this is part of Eth2.0 preparation.
The fact is that miners are not very happy that the network will switch to the second version. And as they begin to riot, then in July this year, the transition to Ethereum 2.0 will be forced. This, in turn, will greatly reduce the commission.
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Re: Why the ETH gas fee so high?
« Reply #113 on: March 07, 2021, 01:18:40 PM »
Much more gas free now than in the past.  I have never seen Ethereum gas paid for free during a transaction before.  Nowadays, even if you can get tokens, you have to pay a lot of gas fees.  That is why they are not able to deposit in their own story due to additional transactions.
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Re: Ethereum gash fee high.
« Reply #114 on: March 07, 2021, 03:21:41 PM »
Yeah, it is sad to see the gas fee be very expensive. I have some bounty tokens on my wallets that cannot be transferred to exchange wallets because of the high gas fees for transactions. I am still waiting for the ETH gas around 60 Gwei to transfer some of my bounty tokens. I want to sell the bounty tokens to convert to top altcoins.
I understand that many cryptocurrency users are wasting precious time because Bounty Hunters have to use the time to profitably sell their rewards, but time is running out and commissions are still quite high. The point is that you can at least wait until July, because that's when the situation will change significantly. The final transition to Ethereum 2.0 will do everything we dreamed of and expected.

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Re: Ethereum gash fee high.
« Reply #115 on: March 07, 2021, 06:00:24 PM »
My opinion here is more of like a question I want to ask is a not away solution can be deviced in solving the etherum gas fees, because of the gas fees many of us have been denied our token reward from the airdrops that we have been participating for a long time, let project owners device a solution about this on how we can transfer our coins and token with low gas fees.
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Offline debra

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Re: Why the ETH gas fee so high?
« Reply #116 on: March 07, 2021, 11:58:57 PM »
In my opinion, it is because the transaction is so crowded and the price of ETH is increasing so much. The fee rises more than hundreds Gwei and this is really making people dizzy of the situation. And now, this is what makes ERC20 tokens ar e dropped and move to BSC
« Last Edit: June 09, 2021, 11:55:53 PM by debra »
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Offline Damrai5$

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Re: Why the ETH gas fee so high?
« Reply #117 on: March 08, 2021, 01:32:02 AM »
A few days ago, the Ethereum gas fee came down because the Ethereum price went down. But whenever we see the Ethereum price go up, the gas fees goes up at that rate. Besides, I don't see any other reason why the gas fees suddenly increases so much. Maybe there is no reason to increase the Ethereum price because the gas fees goes up.

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Re: Why the ETH gas fee so high?
« Reply #118 on: March 08, 2021, 02:13:37 AM »
A common problem on expensive coins is their gas costs. more expensive coin price, high number of transactions, affecting the gas cost

this is disadvantage of btc and eth if compared to stellar and ripple

Offline Monster5

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Re: Ethereum gash fee high.
« Reply #119 on: March 08, 2021, 06:49:04 AM »
Ethereum's gas free has increased a lot at present.It can be seen when throwing a token Gas costs $50 to $60 Dollar free.Due to which currently all investors Having to face a lot of problems.Gas free at a higher rate than the token will sell It takes.I think if Ethereum's gas is free If reduced then in the future than in the present The popularity of etherium is huge Will increase.

 

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