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Author Topic: Ethereum gas price ridiculously high  (Read 27091 times)

Offline Vx1

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Re: Ethereum gas price ridiculously high
« Reply #30 on: August 31, 2020, 02:27:23 PM »
The price of Ethereum Gas is always changing all the time, it is not always expensive nor always cheap.  If we transact when the Ethereum Blockchain is full, then the Gas price will automatically increase, maybe if we experience something like that we can wait until the price drops first.
However, it will really be a problem for us if it turns out that the price of gas does not go down, while we have to make transactions as soon as possible.  Really this is indeed a dilemma, I also hope that the Ethereum side can solve this problem.

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Re: Ethereum gas price ridiculously high
« Reply #30 on: August 31, 2020, 02:27:23 PM »

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Re: Ethereum gas price ridiculously high
« Reply #31 on: September 03, 2020, 10:25:34 AM »
I do not understand what is happening with the gas price. For several days I have not been able to complete a transaction because the fees are very high and it scares me. Who knows when the gas price will fall?
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Re: Ethereum gas price ridiculously high
« Reply #32 on: September 03, 2020, 11:29:42 AM »
I hate Ethereum 2.0 platform because after launching Ethereum 2.0, Ethereum transaction gas fees gradually increasing. Today I transfer 20000 AZBI token equal to. 02 dollar but network fee $11... What a rediculous high network fees!!!

Offline Blue4

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Re: Ethereum gas price ridiculously high
« Reply #33 on: September 03, 2020, 11:30:04 AM »
Ethereum gas fees is too high this is not good for small traders and airdrop, bounty players  because we spend high transactions fees to every small transactions actually nowadays idex , uniswap exchanges are not compatible for tradings due to high gas fees.

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Re: Ethereum gas price ridiculously high
« Reply #34 on: September 03, 2020, 12:02:59 PM »
Due to the increase in ethereum gas fee, it is becoming difficult to process small transactions. Because it costs a lot to make small transactions. That is, the amount that is being spent is not that amount. So I think not everyone supports ETH 2.0. Gas fees have had a huge impact on the market. May reduce the popularity of ETH. Because if the amount is free, traders will reduce trading on ETH. So popularity and Angel investors may lose.

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Re: Ethereum gas price ridiculously high
« Reply #35 on: September 03, 2020, 02:22:47 PM »
Absolutely ether gas price is ridiculously high. Now some of us are victim for high gas price. Those who are tokoin token holder they understand clearly because due to high gas price they can not send the token. So i think it should be reduce very soon.   
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Offline pelana vreo

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Re: Ethereum gas price ridiculously high
« Reply #36 on: September 03, 2020, 02:52:53 PM »
The transaction fees are high due to the large number of transactions done this week, if you don't want the fees to be too high you have to wait until things start to stabilize
It seems like a good idea, but gas prices on the ethereum network are currently on the rise and it is very difficult to wait as more and more investors are using the ethereum blockchain network on the DeFi platform, this will lead to competition between users by increasing gas costs which the miners will then confirm with an increase in Hashrate to speed up transactions on the Ethereum blockchain network.
Waiting is sometimes very tedious, but this is what happens, we can send tokens with high gas costs or wait but it takes a while

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Re: Ethereum gas price ridiculously high
« Reply #36 on: September 03, 2020, 02:52:53 PM »


Offline Coin63@

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Re: Ethereum gas price ridiculously high
« Reply #37 on: September 06, 2020, 03:30:20 AM »
Yes brother you are right because Ethereum gas fees are out of control now. We can't transfer a little value assets due to the Ethereum transaction high gas fees. If I transfer my Erc20 assets from Myetherwallet to another exchange, then it cut more than token value. I am tried of Ethereum gas fees

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Re: Ethereum gas price ridiculously high
« Reply #38 on: September 07, 2020, 10:33:09 AM »
Lately, I have been doing a transaction and noticed that the amount of gas fee has increased a lot. As a result, I could not make that transaction. It will cost me about 1$ to transact. So since I have less amount. So I couldn't transact. I think if this continues, people like us who have bounty hunters will suffer. Every day many hunters are served token. It will not be possible to transact these. Because it will cost a lot to do small transactions then. So I think this gas price should be reduced at least a little bit.

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Re: Ethereum gas price ridiculously high
« Reply #39 on: September 07, 2020, 02:42:16 PM »
In fact, the Ethereum transaction gas fee is so high that to send a coin from one place to another, one has to pay such a high transaction fee that people are starving. That day I saw a coin being sent from one place to another having to pay a 10$ transaction fee. But I can sell that coin on the seventh floor. If this happens, the Ethereum market will be destroyed.
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Offline jet

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Re: Ethereum gas price ridiculously high
« Reply #40 on: September 07, 2020, 03:05:04 PM »
crazy gas fees are now stopping anyone with a small amount of token from sending them to wallet to wallet. I tried to do transaction from uniswap with a small amount but i was really surprise of the gas fee. Wow! it consume almost all my funds. I targeted a low price token inorder to hold them in my wallet but to my surprise gas fee consumed my funds so i cancelled my transaction. really crazy fees on ethereum blockchain. hopefully, vitalik would do something about this!!!
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Re: Ethereum gas price ridiculously high
« Reply #41 on: September 14, 2020, 04:10:11 PM »
I am really worried about the gas price of Ether. There are lots of alligations in gas price. It is absolutely not tolerable. As early as possible it  should be considered.

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Re: Ethereum gas price ridiculously high
« Reply #42 on: September 15, 2020, 06:48:39 AM »
I did a small transaction two days ago. It still looks pending. I don't know if the transaction will be enabled. I wanted to withdraw $10 from my ETH wallet. Gas fee was 114 gwei. Which I edited and gave 98 gwei. Now pending. But I also think if Vitalik doesn't do something about it, people will start dumping etherum. However I am hoping for better results of Ethereum 2.0.

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Re: Ethereum gas price ridiculously high
« Reply #43 on: September 21, 2020, 12:33:16 AM »
yes, this problem has been discussed a lot in several forums and topics that exist but it seems it must be admitted that there have been updates and improvements that are quite decent even though it seems that it has not returned to its time. I have even read that someone is annoyed with how much ethereum is taking fees that are too big and he has to deposit up to $ 50, for me this was a very strange surprise but we will continue to listen to more information. because there could be communication errors that occur to experience extraordinary things.
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Offline homhay

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Re: Ethereum gas price ridiculously high
« Reply #44 on: September 21, 2020, 07:31:08 AM »
All because of the density of transactions on all platforms that use eth, so gas costs are high, I hope there will be alternatives to eth, because it will be very burdensome for investors and those who want to make transactions
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