Expensive Transaction fees in Both Bitcoin and Ethereum are sign of failure!

[Black ID]

This is true, where transaction fees are now a serious problem in crypto. We know that the increasing price of Bitcoin and ethereum makes their transaction fees also more expensive.

[Evgenklm]

I completely agree with the author, I have not used the ETH network for a very long time, although I used to make transactions every day when the commissions were 0.5¢ now I will probably abandon this network and switch to analogues, because it is impossible to trade on DEX exchanges with such horse commissions.

[shadowdio]

Both bitcoin and ethereum are not recommendable as a payment method nor transferring funds but as an investments and investment for the big whales and not for small time like us now. The fee is really killing for the small time traders and investors. I'm sure many new projects will not make an ERC20 token now, they will go to the other platforms which they can make token. 

[iloveyobit]

i totally agree with you and im pissed from eth transaction fees either in the centralized exchange or wallets like my ether wallet , im trying to send 45$ of a token and i have to pay more than 10$ as fees but the problem that the transaction would be done anyway, that sucks .

[Hope4life]

This is sad news, I honestly don't like transactions with bitcoin or ethereum but most DeFi projects use this ecosystem. People seem to only use both of them for invest because the price continues to rise.

[Vx1]

Cryptocurrency digital currency is supposed to provide the best service to its users, Hasn't it been said from the start that this cryptocurrency is better than other currencies with the excess of cheap and faster transaction fees? 
But seeing this Ethereum phenomenon, really makes a lot of people disappointed, I myself recently experienced this annoyance with Ethereum. How could I not, I have to pay expensive GAS ETH just to send a small ERC-20 token. In my opinion, at this rate Ethereum will be abandoned.

[Freemind]

I don't think high transaction fees are a sign of failure, I think if it is due to lack of foresight (perhaps nobody could foresee something like that) from the moment of Ethereum's genesis block. The truth is that until the price of Ethereum had not reached the current price, the transaction fees had not been that high, to the point of not being able to send small amounts to avoid spending more.

[Ghozrd]

Transaction fees of sending and swapping on an exchange like Uniswap are very costly, this situation is not really a failure but because the increasing number of users and rights is good for the sustainability of blockchain technology, the denser the network, the more miners will be and we will see they will increase the hashrate to speed things up. Tx.
Switching to another blockchain is indeed a good choice, it's all up to the developers and I will use the blockchain from the list above which is a great solution if the developer wants low gas fees

[Fakhrulenclix]

Transaction fees of sending and swapping on an exchange like Uniswap are very costly, this situation is not really a failure but because the increasing number of users and rights is good for the sustainability of blockchain technology, the denser the network, the more miners will be and we will see they will increase the hashrate to speed things up. Tx.
Switching to another blockchain is indeed a good choice, it's all up to the developers and I will use the blockchain from the list above which is a great solution if the developer wants low gas fees

Everyone has their own views and for me, I agree with OP, it's a failure. I want to ask you, you want to pay around $45-100 as fee to trading in uniswap??

[I-Bit]

Yeah, actually one of the reasons why the cryptocurrency is created is to decrease the transaction fees that are commonly high enough done by bank system in theworld. however, right now, the transaction fee moreover in ERC20 ethereum is so damn high. It can reach more than $10 for every single transaction with low speed.

[IyemRoker]

The transaction fees of both can be expensive as these two coins are expensive and difficult to contain for each transaction.
I am waiting for this moment to drop in price but it is impossible for now if Bitcoin and Ethereum price dump quickly.
It would be nice to send each coin using TRON which is equivalent to the value of Bitcoin and Ethereum so that it is not too expensive for transaction fees.

[vitek146]

Fee are simply huge, which do not give the opportunity to buy any coin in small quantities and are designed for large investors and traders who turn up large capitals and for them to pay 100-200 dollars for a commission is almost nothing. But small traders are now left behind and just sit, they are waiting for this period to end, but so far this is not expected.

[Paglamon]

The price of Bitcoin and Ethereum will increase a lot. You have to wait patiently. Every cryptocurrency situation in the market is going to be much better. The condition of each cryptocurrency will improve a lot in the market. Especially the cryptocurrencies at the top level. So the condition of other currencies including Bitcoin will be better. The condition of ETH platform based currencies will also be better.

[masudginanjar]

I have felt that when I sent a token that was erc20 and then the delivery failed and when it failed, it was charged a fairly expensive delivery fee, very sorry and sad but what can I do, this erc20 has many advantages over other cryptocurrencies.
I don't understand what happened to Ethereum because it seems like this serious problem has no solution even though there is Ethereum 2.0 but it doesn't have any positive effects at all.

[bitbit97]

A lot depends on what is expensive. Paying 20-40 us dollars for a transaction is a lot for sure, but take a look on cryptocurrency price. It cost more than usually. Paying 40 USD for a transaction, when Bitcoin cost almost 50k I think is normal. Reduce cryptocurrency price and transaction price would look also cheap.