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Author Topic: Is this the downfall of Ethereum?  (Read 7960 times)

Offline RSRS

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Re: Is this the downfall of Ethereum?
« Reply #75 on: November 06, 2021, 10:37:51 AM »
Ethereum gas fees are low due to high USDT If you get a token of the same amount, it is difficult to exchange it.Although Ethereum ranks next to Bitcoin and is a popular coin But Bounty Hunters face a number of problems due to the high gas fees.And there are a lot of tokens that have to pay all the gas fees to exchange This is a big problem for Bounty Hunters Despite Ethereum being popular,Everyone has to face the problem of gas fee.
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Re: Is this the downfall of Ethereum?
« Reply #75 on: November 06, 2021, 10:37:51 AM »

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Offline Azharul

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Re: Is this the downfall of Ethereum?
« Reply #76 on: November 07, 2021, 03:11:06 AM »
Ethereum is the best valuable crypto in the cryptocurrency market.We also know that it's the second level currency in this moment.We also see that cryptocurrency market in alowes depending on up and down.So if we see the down of cryptocurrency market.I think that it's the simple reason for cryptocurrency market.So i trust that gradually it's price will increase and remove of downfall of ethereum.
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Re: Is this the downfall of Ethereum?
« Reply #77 on: November 07, 2021, 04:22:15 AM »
Ethereum gas fees are low due to high USDT If you get a token of the same amount, it is difficult to exchange it.Although Ethereum ranks next to Bitcoin and is a popular coin But Bounty Hunters face a number of problems due to the high gas fees.And there are a lot of tokens that have to pay all the gas fees to exchange This is a big problem for Bounty Hunters Despite Ethereum being popular,Everyone has to face the problem of gas fee.

always face this problem, high transaction fee on Ethereum.
It was happen at several past years till now.
Ethereum is good coin and always be the second on CMC, but I see Ethereum team did not have good solution yet.
It's sadly. I see many trader and bounty  cannot do transaction because they are suffering because of high ERC20 gas fee.

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Offline Fighter

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Re: Is this the downfall of Ethereum?
« Reply #78 on: November 07, 2021, 05:49:30 AM »
One of the problems we are constantly facing now is the etherium transaction fee.Due to the additional transaction fee, the popularity of this platform has decreased a lot.As the price of etherium coins rises in the cryptocurrency market, so does the amount of transaction fees.I think this problem should be solved very soon.

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Re: Is this the downfall of Ethereum?
« Reply #79 on: November 07, 2021, 08:22:59 AM »
Very beginning of 2020 we see a large amount of gas fees risen in the same way in this year getting higher more then before. I just found one thing that gas fees can be the downfall of ethereum but lately see that market getting up other way some etherum platform tokens getting more pumping and definitely they are reliable. I think excessive gas fees can be reduce shortly. 
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Re: Is this the downfall of Ethereum?
« Reply #80 on: November 07, 2021, 08:26:58 AM »
One of the reasons behind the popularity of Ethereum platform is the extra transaction fee.There are as many other platforms as there are, but you don't have to pay as much transaction fee as you do on Ethereum platform.

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Re: Is this the downfall of Ethereum?
« Reply #81 on: November 08, 2021, 12:21:52 PM »
Here is the discussion about Ethereum Coins.  As a result of this discussion, some more ideas can be inferred that the biggest problem in Ethereum coins is the gas fee.  This is because no coins can be transacted on the Ethereum platform because of the additional gas fee.

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Re: Is this the downfall of Ethereum?
« Reply #81 on: November 08, 2021, 12:21:52 PM »


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Re: Is this the downfall of Ethereum?
« Reply #82 on: November 13, 2021, 03:26:33 PM »
Here is the discussion about Ethereum Coins.  As a result of this discussion, some more ideas can be inferred that the biggest problem in Ethereum coins is the gas fee.  This is because no coins can be transacted on the Ethereum platform because of the additional gas fee.

Every one has complaint about Ethereum gas fee. I think If the Ethereum team didn't have good solution, many projects will migrate to other smart contract.
I agree with you, Ethereum gas is the big problem.
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Re: Is this the downfall of Ethereum?
« Reply #83 on: November 14, 2021, 07:07:17 AM »
I am indeed in the position of a trader at Binance, an IEO investor on Binance and as a bounty hunter on various cryptocurrency forums as well.
But sometimes I also follow Airdrops to get money with easy tasks with only 10 minutes to finish completing the task.
But I see when getting tokens from the Ethereum blockchain network is very sad at a very high fee and even for Umbrella's airdrop project requires a transaction GAS fee of around 1.3 Ethereum and that is very sad for Aidroper.

Ethereum transaction GAS is very expensive, is this the beginning of the Ethereum coin crash?
No collapse of the ethereum network is foreseen. On the contrary, we will soon witness a sharp rise in the popularity and price of this coin. In May - June next year, ethereum is planning to switch to the PoS algorithm and solve other important problems in its network. You just need to wait a little. Ethereum will still have better functional characteristics and can surpass even Bitcoin in terms of capitalization.

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Re: Is this the downfall of Ethereum?
« Reply #84 on: November 15, 2021, 03:20:28 PM »
High fees will not make people leave but no volatility is the problem, what can we get from " quiet " coin?. You only need choose program with low fees and already have market, change the network or become long term investor for popular coin ( btc, eth ) or shitcoin ( shiba ). Many things can do so let's eth find the way, be patient.

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Re: Is this the downfall of Ethereum?
« Reply #85 on: November 16, 2021, 11:27:09 AM »
Currently the biggest problem with the Ethereum platform is the extra transaction fees.Which is a big problem for everyone.As the price of etherium coins rises in the cryptocurrency market, so does the amount of these transaction fees.The popularity of the Etherium platform has come down a bit due to the extra transaction fees.

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Re: Is this the downfall of Ethereum?
« Reply #86 on: November 16, 2021, 06:16:22 PM »
If fees could be a problem for ethereum network we would already see it fall because right now we have projects like Solana, Polkadot, avax, bsc, polygon, and Matic. They all have cheap fees and still, ethereum is dominating the market. That means gas fees are not the real problem for ethereum right now nor it will be for the future.

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Re: Is this the downfall of Ethereum?
« Reply #87 on: November 17, 2021, 06:47:07 AM »
The strongest evidence for now is that the price of Ethereum is increasing in value so that it almost touches the price of 5000 USD, I feel this is really very extreme for Ethereum because the value is so very expensive and the cost of GAS is also very expensive, this is really a problem for those who have little fortopolio for sending ERC20 tokens.
But I also believe that this is not the time for Ethereum to fall quickly because Ethereum already has a very complete feasibility from its community, even though the transaction fee is expensive, the community still loves Ethereum coins.

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Re: Is this the downfall of Ethereum?
« Reply #88 on: November 17, 2021, 11:35:18 PM »
The strongest evidence for now is that the price of Ethereum is increasing in value so that it almost touches the price of 5000 USD, I feel this is really very extreme for Ethereum because the value is so very expensive and the cost of GAS is also very expensive, this is really a problem for those who have little fortopolio for sending ERC20 tokens.
But I also believe that this is not the time for Ethereum to fall quickly because Ethereum already has a very complete feasibility from its community, even though the transaction fee is expensive, the community still loves Ethereum coins.

Every ethereum price increases , gas fee will increase too. it has been happening for a long time,ethereum  team should be able to find the best solution for this classic problem, because everyone is complaining about this.
Marjet has correction now, but I see many investor still hold their ethereum, because high gas fee and still believed market will pump again.

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Re: Is this the downfall of Ethereum?
« Reply #89 on: November 18, 2021, 08:16:22 AM »
I am indeed in the position of a trader at Binance, an IEO investor on Binance and as a bounty hunter on various cryptocurrency forums as well.
But sometimes I also follow Airdrops to get money with easy tasks with only 10 minutes to finish completing the task.
But I see when getting tokens from the Ethereum blockchain network is very sad at a very high fee and even for Umbrella's airdrop project requires a transaction GAS fee of around 1.3 Ethereum and that is very sad for Aidroper.

Ethereum transaction GAS is very expensive, is this the beginning of the Ethereum coin crash?

I  never think about Ethereum will crash, Ethereum gas fee is high and many investors and traders always complain about this.
But ERC20 has the biggest market, and many projects has been integrated to Ethereum, as many people said Ethereum is still the King of smart contract platform.
I think Ethereum team always thinking and will have good solution for gas fee problem.

 

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