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Author Topic: Do you think the extra gas fee is the only obstacle to improving ether?  (Read 10512 times)

Offline Mahindra

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #15 on: February 26, 2021, 04:59:57 PM »
The biggest problem is currently at Ethereum Extra gas free.Due to the extra gas free people to Withdraw Can't.Etherium is currently considered a popular and advanced platform However, its gas is much more free.Which is why investors have no coins or tokens Not interested in buying. So in the future if Ethereum's gas is reduced free Then it will be a good one for everyone.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #15 on: February 26, 2021, 04:59:57 PM »

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #16 on: February 26, 2021, 05:05:26 PM »
Yes, The reason Ethereum is not moving forward at present is because of its gas.  Excessive increase in fees. At present people are not able to move any coin from one place to another due to this gas fee.  I don't think its price is going up because of this gas fee and it has lost its popularity.  However, additional etherium gas fees should be reduced very quickly.  Otherwise this Etherium platform will lose its popularity one day.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #17 on: February 27, 2021, 02:17:26 AM »
Recently my the biggest regrets that I can't transfer my digo finance from website to my wallet due to the high exessive network fees of Ethereum. When I ready to transfer digo then Ethereum network required 145 dollars, really panic to me .

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #18 on: February 27, 2021, 02:59:26 AM »
Recently my the biggest regrets that I can't transfer my digo finance from website to my wallet due to the high exessive network fees of Ethereum. When I ready to transfer digo then Ethereum network required 145 dollars, really panic to me .
it looks like my friend's experience has become a complaint from all crypto users because the fees are too expensive, just to move it has been subject to a hefty fee, not yet the treatment of exchangers who follow by making a high enough minimum which also impacts those who have small coins so it's hard to pay gas fee plus there is also a minimum. not yet later the fee for WD is also expensive.

I don't know why all of this has penetrated all sectors from the start, only gas fees, whether because the high bitcoin price causes that. I hope there is a solution because many are clearly at a disadvantage.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #19 on: April 12, 2021, 05:13:12 AM »
The price of etherium or its popularity was increasing but now its popularity has decreased a lot.One of the reasons for the current decline in the popularity of Ethereum is that I think Ethereum's additional transactions are fee. Because Ethereum's transaction free has increased so much that people are being forced to leave the platform.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #20 on: April 13, 2021, 11:02:28 AM »
Yes, the very expensive gas fee is very difficult for Ethereum to increase the price again because everyone thinks more positively and is looking for more fees to send each coin.
Now there are many reliable competitors such as Solana, Chainlink, Polkadot, and Binance Smarth Chain who are able to reduce their coin transaction costs so that it is liked by everyone.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #21 on: April 13, 2021, 11:27:46 AM »
Ethereum is seeing its economic value increase, but at the same time it is seeing many users and project teams stop using its chain. As we already know, there are numerous competitors offering cheaper and faster options, so it is not surprising that Ethereum stops growing (in use as a platform) in the near future. Anyway we'll see what happens in July with "London".
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #21 on: April 13, 2021, 11:27:46 AM »


Offline Seerge

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #22 on: April 13, 2021, 11:54:56 PM »
It has been a long time since the price of Ethereum's Gas Cost was very high, and this has been complaining about by many Crypto users but Ethereum has not made changes. I think indirectly this could be an obstacle to the rise of Ethereum, although in fact we can see that Ethereum has experienced an increase.  But if the cost of Gas is not this high, I predict that the Ethereum price could be 4x higher than the current price.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #23 on: April 14, 2021, 12:16:35 AM »
I think Ethereum's extra fees are currently hindering Ethereum's progress.Even a few days ago, Ethereum's trading grew like a fee unbridled mad horse.However, Ethereum's transactions are now within the reach of some people.Hopefully Ethereum will regain its popularity.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #24 on: April 14, 2021, 12:56:00 AM »
Ethereum gas rates will continue to increase as long as DeFi platform users continue to grow.
I think we can solve this situation by moving to another blockchain or waiting for a fork. Currently, many projects have switched to the BSC network, I don't want this to continue but this is a decision because ethereum developers are developing eth 2.0 and a fork, if gas prices don't drop after that it will affect project developers who want to use the ethereum blockchain

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #25 on: April 14, 2021, 07:56:40 AM »
I see predictions that the price of ETH will increase to $ 10,000 this year. However, many users are moving to the BSC network. I see no reason for a sharp rise in the price of Ethereum with such huge commissions, an increase in the price is possible only with a significant decrease in the price of transactions from the Eth network.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #26 on: April 14, 2021, 10:47:47 AM »
@vaysar it seems almost impossible to me for Ethereum to hit $10,000 this year. Ethereum has too many problems to face, the high transaction fees, its total supply, but above all it must face the fact that most users and #DevelopmentTeam s begin to prefer BSC, much faster and cheaper. All of this will cause Ethereum to lose popularity over time, so hitting $10,000 seems crazy or a miracle to me.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #27 on: April 14, 2021, 03:09:47 PM »
@vaysar it seems almost impossible to me for Ethereum to hit $10,000 this year. Ethereum has too many problems to face, the high transaction fees, its total supply, but above all it must face the fact that most users and #DevelopmentTeam s begin to prefer BSC, much faster and cheaper. All of this will cause Ethereum to lose popularity over time, so hitting $10,000 seems crazy or a miracle to me.
Such a miracle is still possible. It is planned that in July, as a result of the implementation of the next stage of improvements to Ethereum 2.0, transaction fees on the ethereum network should return to normal. Therefore, after July and until the end of the year, this coin still has time to rise in value. Traditionally, the cryptocurrency market grows well from the second half of autumn and right up to the New Year. Of course, it will be quite difficult to go up to $ 10,000 this year for ethereum, this is actually a fourfold increase in price. However, cryptocurrency often surprises us.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #28 on: April 14, 2021, 03:17:22 PM »
Ether is a popular and unique name in cryptocurrency world. Who posits at the top. But the amount of gas that has been charged for some time is beyond the expectation of many. People are not even able to transfer their assets due to the lack of additional gas fee. In such a situation do not you think that the excessive gas fee is the obstacle for its improvement?

I think the gas fee is so high because Ethereum price is so high too. It's just Traffic problem, So I t believe Ethereum 2.0 completely launch will solve this problem. Ethereum team will have a good solution for this problem.thats my opinion

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #29 on: April 16, 2021, 05:19:26 AM »
Everyone does not want to pay millions of USD just for shipping costs, this tweet is quoted from various social media and this is indeed the fact that Etheruem is currently struggling against high transaction fees.
This is really very surprising and it is really very sad if Ethereum continues to be arrogant at its very cruel fees and is not friendly to all traders and investors.
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NO SIGN-UP
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MIX ՈOW.
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