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Author Topic: Ethereum fees are becoming like Bitcoin fees  (Read 19465 times)

Offline syedrasool2011

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #30 on: August 06, 2020, 06:58:29 PM »
great to see your post but now low fees is 0.48 now its great
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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #30 on: August 06, 2020, 06:58:29 PM »

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Offline syedrasool2011

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #31 on: August 07, 2020, 11:15:59 AM »
no sir now at time eth fees is 0.2
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Offline DogeTalk

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #32 on: August 07, 2020, 02:53:25 PM »
That's why currently I mostly hold my tokens in wallets because the gas fee is very high. Chances are I will wait until the gas price stabilizes when I only use 2 gwai to send tokens

Offline TERMINO

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #33 on: August 07, 2020, 03:12:36 PM »
I think it is better to hold eth if fee's higher than normal but so far eth fees transaction now is get back to low.
Save Eth and hold. :D
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Offline syedrasool2011

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #34 on: August 08, 2020, 09:03:48 PM »
no sir fees to low 0.1 is to low fees sir
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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #35 on: August 09, 2020, 01:56:31 PM »
The fault is DeFi ^^
We are waiting for official reports from the Ethereum #DevelopmentTeam  on the success of Testnet ETH 2.0. I think PoS & Shardings will help increase tps & reduce transaction costs, even DeFi hay CryptoKitties coming back is no longer scary.
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Offline Altcoin1998$

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #36 on: August 09, 2020, 02:55:46 PM »
Very sad Ethereum transactions fees is very much more than before. Today I transact my cartesi coins to Binance account wallet but transactions fees more than 50 cent. It already doubled than the before. So Ethereum transact fees are becoming bitcoin transactions fees equivalent.
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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #36 on: August 09, 2020, 02:55:46 PM »


Offline ife2020

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #37 on: August 13, 2020, 11:42:23 PM »
Lemme re write this. Etherum is now in level with Bitcoin fees, and even more than bitcoin charges. Especially if you try to send out altcoins, it charges as high as 7$, and close to 10$ just this afternoon. The coming bull run will be an expensive one it seems.



Offline Senin

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #40 on: August 22, 2020, 05:39:34 AM »
High transaction fees for ethereum transactions are temporary. Due to the increase in the number of transactions, the load on the network has increased and therefore the commission has become more expensive.
Buterin promises that after the implementation of the Ethereum 2.0 improvements, at the initial stage, the scaling of this coin will grow to a thousand transactions per second, and within two years even to a hundred thousand transactions. Then the commission costs should be low.

Offline jet

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #41 on: August 22, 2020, 07:46:27 AM »
it's not really surprising since Ethereum is getting higher value against USD these past days. It will continue to increase if ethereum developer will not do something about it. Hopefully, they will lower their ethereum gas as these will affect the whole platform. Many users will change to other platform if this will continue to rise.
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Offline festilolo

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #42 on: August 22, 2020, 02:51:29 PM »
Lately ETH fees have increased and I have been paying ~50 cents for a normal ETh transaction, but then - $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly and now it's $1+.

Miners are actually smiling this period, yesterday I regretted sending tokens to an exchange with gas fee f over $2.5 without me knowing the tokens I sent have dropped in value to less than $1, painful experience

Offline sky20

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #43 on: September 23, 2020, 06:01:55 PM »
If ethereum developer will not take action against higher gas fees then they will be the lower position because many users will change to other platform. So as early as possible decrease the high gas fees. Already some coins have taken the scope and make them flourished.
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Offline Jawahara

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Re: Ethereum fees are becoming like Bitcoin fees
« Reply #44 on: September 24, 2020, 08:40:35 PM »
I look forward to having Ethereum 2.0 been integrated. Ethereum 1.0 with its high charges is becoming very unbearable for users to trade with ease.

 

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