Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: tonymillions84 on August 22, 2020, 02:06:13 PM
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Ethereum made an announcement to add OMG as a support for USDT transaction. over 1miilion usdt worth was move to OMG network a second layer network built in ethereum blockchain. it has been discovered that recently, the ethereum gas fees has drop significantly. it is a good move that will encourage users back to the ethereum Network.
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With the decreasing fee, ethereum will always be preferred in the ERC-based transaction platform. Bounty Hunter is not burdened with high gas fee.
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gas eth down this time it was very good if normal gas possibility gas prices normal ethereum expensive because many transactions usdt every day and make the gas experienced a significant increase lately network blockchain ethereum very dense transaction make the price of gas continues to rise I think this it is normal that the price of gas went up, but if gas continues to rise will make ethereum left behind by their user this quite overcome with OMG blockchain network that has the support USDT to perform transactions.
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Ethereum made an announcement to add OMG as a support for USDT transaction. over 1miilion usdt worth was move to OMG network a second layer network built in ethereum blockchain. it has been discovered that recently, the ethereum gas fees has drop significantly. it is a good move that will encourage users back to the ethereum Network.
I hope this will be a lesson for ethereum to be able to accommodate some of those who do use ethereum as a transaction tool, but this morning I tried and there were changes but it was still not in accordance with my usual. I hope there will be improvements so that you don't disappoint many who use ethereum
for my friend who has provided this information once again, thank you and always continue to provide information for good.
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The transfer of USDT to OMG will relieve the pressure on the Ethereum network, but I don't think this will have any significant effect because the value of USDT transferred is not large. In my opinion, the main reason comes from the changing market trend, the demand for crypto trading has decreased significantly compared to the peak when BTC reached 12 500 USD.
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Well, thats good news, honestly I'm thinking to move to another blockchain like Tron because of my disappointments inexpensive gas fees of Ethereum Network but because of this new development, I will choose to stay and continue trade Ethereum based tokens.
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ETH's gas free has changed a lot. Increased a lot. I think this should be less gas free because many users have stopped using the platform for gas fees. So it may be a good news that it has decreased. Because it was not possible for users to transact for gas fee. Because a lot had increased I would like to make a transaction this week. So I'll see if the gas fee is reduced.
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this is a major problem now, the rate at which the gas fee is so jow is very alarming, am having trouble sending out some few tokens to exchange for sell because the gas fee will eat up the worth of the token, such a sad situation for eth.
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I Also Think That ethereum really need some solutions, because transaction fees increased Day by Day . Transfer of OMG to USD is really leave positive effects and relief in transcation price of Etherium .
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With the decreasing fee, ethereum will always be preferred in the ERC-based transaction platform. Bounty Hunter is not burdened with high gas fee.
Yes brother you are right because Ethereum gas fees too much more than before. I can't transfer my Erc20 assets from my Ethereum wallet to exchange Wallet because if I sell my assets, then It could not cover gas fees and withdraw fees from exchange.
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I won't call it a " good news " because that thing may happen anytime without you even realize it.
ETH v2 should solve this issue of nonsense Fees, most blockchains are migrating to PoS (Proof Of Stake) after figuring it out that Pow (Proof Of Work) becomes unbearable with their Fees, sometime they take more than your centralized bank do lol which is absurd considering the whole idea of decentralization & cryptocurrencies.
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Yeah, whatever we say ethereum network always comes up with solutions, future belongs to ethereum and i am very bullish about eth provide they come up with smooth transition to eth 2.0
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Good news, there is still high, but compared to days before it dropped a lot, now I can send token with less than 1$, good move, but I think only ETH 2.0 will solve this issue.
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This is the best decision and to be honest, the Ethereum gas fee is currently very annoying, I am currently holding back several transactions in the hope that the gas fee will decrease in the near future.
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Yes, a good decision indeed. It is a welcome development much awaited especially from the huge Ethereum users globally. I have been wondering about the high gas fee and now I have a good relieved from the Ethereum network. I think whatever reason for this high fees is a thing of the past.
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Ethereum made an announcement to add OMG as a support for USDT transaction. over 1miilion usdt worth was move to OMG network a second layer network built in ethereum blockchain. it has been discovered that recently, the ethereum gas fees has drop significantly. it is a good move that will encourage users back to the ethereum Network.
This is a good move for every crypto currency users and etherum smart contract creators. The freedom that the OMG partnership has brought cannot be overstated and it shows that the etherum blockchain has everyone interest at heart.
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If this is true, then its a most welcome piece of news. I cannot make any useful trade without being hampered by the gas price
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its a good news oo, imagine 13$ worth ethereum as gas fee, its very bad, it is good they observe that early, they will have loose almost half of their users, because of that have not use it in recent time, with these i think i will start to use them back.
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Even though the gas fee decreased compared to last week, it is still high. I do not want to make a transaction for a dollar unless it is very important. It is true that crypto-users have laid low in using the ethereum network.
Right now here are the ranks from https://ethgasstation.info/ where Uniswap leads followed by TUSD and Forsage(Scam).
(https://i.imgur.com/s25VrMe.png)
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ETH Gas Fee 70% Down This is very good news but in case of increase in the price of ethereum it may be solved very soon blockchain technology has reduced gas fees so much for executing contracts with various companies. This is much better for investors.
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The biggest problem is the ethereum transaction gas fee. At present the transaction gas fee has increased so much that people have to pay a lot of dollars to transact any token. Transacting a small amount of dollars is very expensive. However, if the gas fee is reduced by 70%, it will be much better.
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This is good because trx was beginning to be a big competitor. Intact I love trx transactions cost you a penny to move huge amount of money. ETH should wake up to this
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Yes, this is very good news for me personally. Because I'm tired of seeing high gas prices when sending coins. I think this is not the limit. It will become possibly even smaller.
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this is a major problem now, the rate at which the gas fee is so jow is very alarming, am having trouble sending out some few tokens to exchange for sell because the gas fee will eat up the worth of the token, such a sad situation for eth.
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Yes, this is very good news for me personally. Because I'm tired of seeing high gas prices when sending coins. I think this is not the limit. It will become possibly even smaller.
changes have occurred but I don't see that the gas returns at first and it is still quite expensive, I just tried it and it looks like there has been no significant improvement, hopefully with continuing complaints there will be changes that are desired.
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With the decreasing fee, ethereum will always be preferred in the ERC-based transaction platform. Bounty Hunter is not burdened with high gas fee.
So far, Ethereum fee is high. The payment decrease should take effect when everything in ethereum reshaping has been done. But for now, I think there are some difficulty because of eth 2.0 is under the process
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This is what everyone who has been using Ethereum has been waiting for, because some time ago the cost of Ethereum Gas was indeed very expensive and it was very burdensome. With this announcement, people will be even more happy with Ethereum.
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Gas fees for etherium transactions have risen sharply lately. It is costly and annoying for the users. As a result, many are thinking of moving to another low-cost blockchain like Tron instead of the Ethereum network. Now if Ethereum's gas fee is reduced by 70%, I think Ethereum network users will stay, it's a good initiative; It will benefit both.
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oh really? well at least gas fee is down I hope that it will continue to go down. Hopefully when eth 2.0 is released we will not face this so much high gas fee in the future.
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Ethereum's gas-fee 70 percent didn't go down. Today, when I went to do a token transaction, I saw that gas was being cut free as before. If 70 percent of the gas had been down, the fee would not have been cut as much as before. If the gas fee is reduced by 70%, it will be much better. This will save people from a lot of suffering. Due to this gas fee, people are not able to transfer your tokens properly.
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It's just a while when eth transaction fee is too high. Anyway it's good to hear that because I was very disappointed because of the high of gas fee.
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It is a great move and a welcome development if I may say. It is so annoying seeing the gas fee lately, at time you feel like this is out of normal. It has been difficult to transact with little amount of ETH.
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finally , the gas fee fell went down so that the ERC20 tokens we had could be sold on the market from some time yesterday the gas was very high so this is make all bounty hunter happy to hear that.
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It is a great move and a welcome development if I may say. It is so annoying seeing the gas fee lately, at time you feel like this is out of normal. It has been difficult to transact with little amount of ETH.
YES! It was weird to watch such big gas to make successful transactions, finally i can see gas fee comes to clam period.
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Ethereum made an announcement to add OMG as a support for USDT transaction. over 1miilion usdt worth was move to OMG network a second layer network built in ethereum blockchain. it has been discovered that recently, the ethereum gas fees has drop significantly. it is a good move that will encourage users back to the ethereum Network.
If it does i think ts good move from team of ETH coin. Actually last some days ETH gas fees was very high that was problematic for traders and bounty hunters. I did not see such kind of fees from 2017 when i engaged forum. Normally we have to move two times of coin if we do any transaction and where if i lost 5$ that is unexpected. So here everybody hope it will go previous position very recently.
thanks.
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The price of transactions on the Ethereum Blockchain is gradually decreasing and this is very good, because no one wants to pay 5-10$ per transaction, so while transactions are expensive, I try not to make transfers.
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Seriously? If it is true, it is so relieved, after having a very high transaction fee (gas fee), I personally do not try again yet about sending the token into exchange because it costs very high. I think I need to check it again after all in order to get the best gas fee for withdrawal.
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At least the gas fee is now receeding. If there is blockchain that I would love to support and invest with. I'll make sure that they not spend too much fee or better if there is no fee on the process.
Anyone here know a product service? Or blockchain that literally has no fee or very small with a lot of supported market and even other blockchain.
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Well, that's good to hear that. Recently, there have been many complaints about the high gas charges when moving ethereum and its tokens. It is even possible that this circumstance was one of the reasons for the current drop in the ethereum price. At this time, I even tried to make such operations less. I hope that now everything will be back to normal.
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Ethereum made an announcement to add OMG as a support for USDT transaction. over 1miilion usdt worth was move to OMG network a second layer network built in ethereum blockchain. it has been discovered that recently, the ethereum gas fees has drop significantly. it is a good move that will encourage users back to the ethereum Network.
For me, as an ETH holder, I think it won't affect me at all. Instead, it could be still good to all of us to hear this, I don't
know if I am saying the right things here in the forum. But anyway this is a good chance I think on some other side I guess.
Have a good day.
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Yes,I think it's a good decision. Think gas fee very high in the past time. The results was effected & Investors was disappointed that time.because no one want to pay high fee of the transaction. So it's a good sign for the inventors.
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The good news is, honestly, Ethereum is working on a net blockchain for Ethereum Networks, and I'm looking forward to going to another blockchain, but I'm not going to stay in the Ethereum and keep up to date.
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We expected something similar from the ethereum team, however, perhaps not so quickly. It's nice to see that the problem was resolved so quickly. They did not even wait for the implementation of Ethereum 2.0 improvements, which should radically solve the problem of scaling. This is further evidence that the ethereum team is doing well.
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Ethereum's gas-fee 70 percent didn't go down. Today, when I went to do a token transaction, I saw that gas was being cut free as before. If 70 percent of the gas had been down, the fee would not have been cut as much as before. If the gas fee is reduced by 70%, it will be much better. This will save people from a lot of suffering. Due to this gas fee, people are not able to transfer your tokens properly.
As we find in the forum discussion, the etherium gas-fee has been reduced by 70 percent. It's really sad if it doesn't happen in reality. However, I believe that even if the etherium gas-fee is not reduced by 70 percent, it will be significantly reduced. I believe it will be good for everyone.
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At a time when ethereum gas is free, ERC-20 tokens are under threat. Because every moment is a transaction. These transactions are currently declining. Many are unable to transfer due to low volume. Because he doesn't see any dollars in his account. So especially those who trade less $ they are now struggling to transact. As a result, the user is being harmed. I think this is a big problem.
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I think the wild rush for DEFI and farming is going down because it was this that pushed the gas fee high initially, this high transaction fee is holding Ethereum back and they need to solve this fast
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Lower Gas costs will make people who are loyal to use Ethereum happy, because yesterday the price of Gas was too high to make people uncomfortable.
And I'm actually worried that if Gas doesn't come down people will slowly leave Ethereum.
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ETH gas fee has increased a lot. This is certainly not good news for all hunters. It can never be good. Because of the increase in eth gas fee, many transactions are not possible. Because most of the transactions require a lot of fees. Today I have completed a transaction. This transaction cost me more than two dollars. But my dollar amount was low. So I didn't get much benefit. If such changes continue in the market, we will face a lot of losses.
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gas is still expensive today, just like the day before, but some who try to make transactions at midnight local time will get the advantage that gas costs are cheaper than during the day (my country, every country has different times)
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After 23 days, ETH price has formed a vertical slope. Usually when the price line goes up or down, it forms a vertical slope, the uptrend of up or down slows down, creating a more comfortable old line.