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Author Topic: Ethereum gash fee high.  (Read 15875 times)

Offline Chita76

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Re: Ethereum gash fee high.
« Reply #30 on: February 17, 2021, 03:12:10 PM »
The most important thing in cryptocurrency is the etherium coin.  Of the few tokens I have received so far, the most expensive one is the gas fee.  Selling tokens costs twice as much gas fee than the dollars that can be earned.
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Re: Ethereum gash fee high.
« Reply #30 on: February 17, 2021, 03:12:10 PM »

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Offline Papusha20

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Re: Ethereum gash fee high.
« Reply #31 on: February 17, 2021, 03:25:35 PM »
Many people are unable to sell tokens due to the increase in gas fees.  How can a person who sells tokens not get gas fee sell those tokens.  The biggest problem is gas fees.

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Re: Ethereum gash fee high.
« Reply #32 on: February 17, 2021, 03:30:34 PM »
 I think gas free has increased a lot now. If you want to transfer a token, there is a lot of gas free spending. Transferring a token costs a lot more in gas free than what is available. Especially for those who invest in Ethereum.

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Re: Ethereum gash fee high.
« Reply #33 on: February 17, 2021, 03:54:27 PM »
perhaps the current situation will be quite beneficial for bounty hunters, because no one will take on a project whose coins will be much cheaper than the transaction fee.On this basis, #DevelopmentTeam s should work more actively on their project, given the current prices for gas.

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Re: Ethereum gash fee high.
« Reply #34 on: February 17, 2021, 04:38:32 PM »
Despite being one of the most popular platforms for Etherium cryptocurrency, Excess Gas Fee is constantly harassing us.Ethereum's gas fee is increasing day by day. In just a few days Ethereum's gas free has increased a lot. We are currently unable to make any transactions for Ethereum's additional gas fee.
Indeed, Ethereum's transaction costs are very high, often over 150 gwei per transaction. I don't even have enough ETH to move my ERC-20 tokens to an exchange for sale. Hopefully layer-2 & ERC-20 will fix this when we have 10K tps.
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Re: Ethereum gash fee high.
« Reply #35 on: February 17, 2021, 04:57:10 PM »
perhaps the current situation will be quite beneficial for bounty hunters, because no one will take on a project whose coins will be much cheaper than the transaction fee.On this basis, #DevelopmentTeam s should work more actively on their project, given the current prices for gas.
Coin price is unpredictable, even when predict that the coin will be cheap, maybe it will be expensive in the future, very hard to see a good project
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Re: Ethereum gash fee high.
« Reply #36 on: February 17, 2021, 04:59:07 PM »
It is true that gas fees are very high. This is what makes me dizzy, wanting to sell a token, the gas fee is too expensive, it is not worth the price of the token that is being sold. I better hold it. I hope the Ethereum blockchain can fix this problem quickly.
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Re: Ethereum gash fee high.
« Reply #36 on: February 17, 2021, 04:59:07 PM »


Offline Rafiq

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Re: Ethereum gash fee high.
« Reply #37 on: February 17, 2021, 06:52:40 PM »
In fact, Ethereum gas fees are much higher now. Most of the tokens I get as a bounty hunter can't be sold because of the gas fee. Because you have to pay more ether gas fee than what you get after selling the token. But hopefully with the full implementation of Ethereum version 2.0 we will be free from the burden of additional gas fees.
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Re: Ethereum gash fee high.
« Reply #38 on: February 17, 2021, 11:55:46 PM »
It is a big problem now, I also have difficulty because of the too high price of gas fees. We all must expect that the gas fee can be lowered to make people comfortable sending their ERC20 tokens/coins. With the current high price of the fees, people must wait for hours or even days, to see the price of the fees smaller.
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Re: Ethereum gash fee high.
« Reply #39 on: February 17, 2021, 11:58:07 PM »
Yes, we all know that at present Ethereum transaction fee has been increased so much that we have to pay double fee for doing some transaction.  Because of this people are not able to sell anything at present.  Let us all reduce this Ethereum transaction fee very quickly.
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Offline Tamsialu$$

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Re: Ethereum gash fee high.
« Reply #40 on: February 18, 2021, 03:22:50 AM »
The biggest problem at the moment is the Ethereum gas fees. Because of etherium gas, especially those who have bounty hunters are not able to give any token sell.  Nowadays it is seen that many managers are not distributing any tokens due to extra gas fees. If gas free continues to grow in this way, then Ethereum will get the price rule, but the popularity will decrease.
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Offline Mahindra

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Re: Ethereum gash fee high.
« Reply #41 on: February 18, 2021, 08:32:58 AM »
You are absolutely right Currently the biggest problem for all users.Extra gas free at Ethereum Which is why people can't sell any tokens.It costs a lot of gas to sell tokens.So if this gas is reduced for free then for all users That would be nice.
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Re: Ethereum gash fee high.
« Reply #42 on: February 18, 2021, 08:50:56 AM »
I completely agree with you, but the problem is that the price of Ethereum is growing and therefore the developers of Ethereum do not care that the price of gas has also increased very much, because the main thing for the developers of Ethereum is that the price of Ethereum grows and, of course, more and more cryptocurrencies are created on the Ethereum blockchain, and this also pleases Ethereum developers.
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Offline Jaya60

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Re: Ethereum gash fee high.
« Reply #43 on: February 18, 2021, 02:20:57 PM »
In fact, Ethereum prices have risen sharply in recent days. The investors who held Etherium are really lucky because they have almost doubled in a few days. But with the increase in Ethereum price, the gas fees has increased several times. In fact, due to the increase in gas fees, no token can be sold.  The biggest problem is the increase in gas fee. I don't think gas will be fees. We have to be a little more patient.
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Re: Ethereum gash fee high.
« Reply #44 on: February 20, 2021, 10:03:49 PM »
Ethereum has reached the All Time High and Binance also noted that the All Time High of Ethereum is around 2046 USD and this is truly extraordinary.
I just have a bad feeling because after All Time High there must be a very severe correction and it will definitely make a headache for beginners who join cryptocurrency.
The transaction fee problem is because Ethereum is expensive and it will also result in expensive transaction fees as well.

 

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