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Author Topic: Gas fees more!!!! Why?  (Read 27407 times)

Offline Blue_sea

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Re: Gas fees more!!!! Why?
« Reply #60 on: November 18, 2020, 06:51:51 PM »
I am surprised to transfer my DEXA coin from Myetherwallet to probit exchange,, gas fee 100 GEI economy that means 1.75 dollars but I can sell it highest 20 dollars but exchanges withdraw fees more than 5 dollar. Totally I can get 13.25 dollar.
Yes gas fee is more then expectation. I believe that after releasing ether 2.0 price will be less the before.

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Re: Gas fees more!!!! Why?
« Reply #60 on: November 18, 2020, 06:51:51 PM »

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Re: Gas fees more!!!! Why?
« Reply #61 on: November 19, 2020, 05:05:42 PM »
Ethereum gas fee affected by network traffic, and we can't control the network traffic of Ethereum. So to reduce the gas fee, you should know when the traffic becomes normal and start to make a transaction, but If the fee on the exchanges, network traffic has no effect because the exchanges set it as their will

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Re: Gas fees more!!!! Why?
« Reply #62 on: November 19, 2020, 05:50:41 PM »
Ethereum gas fee affected by network traffic, and we can't control the network traffic of Ethereum. So to reduce the gas fee, you should know when the traffic becomes normal and start to make a transaction, but If the fee on the exchanges, network traffic has no effect because the exchanges set it as their will
right, but it is hard to keep an eye on when to start making transactions with the right gas. because we are used to being in a hurry to make transactions as quickly as possible, this is the weakness of many people, including me, who do not see the right time.
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Re: Gas fees more!!!! Why?
« Reply #64 on: November 23, 2020, 04:11:53 PM »
A few days ago, the gas fee was spent in such a way that selling tokens would have cost 10, but Gaspie would have gone above 15.  But now the cost of gas is more than before.  Currently the cost of gas fees is much lower.
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Re: Gas fees more!!!! Why?
« Reply #65 on: November 23, 2020, 08:36:02 PM »
A few days ago, the gas fee was spent in such a way that selling tokens would have cost 10, but Gaspie would have gone above 15.  But now the cost of gas is more than before.  Currently the cost of gas fees is much lower.

Yes, and I have experienced it, it seems that there has been an improvement, but I cannot confirm whether the decline is indeed because the traffic from Ethereum is indeed low, because if ethereum traffic is high, it is feared that it will return again. I can't comment on it because it's only been a transaction and there have been changes. I hope we hope this is good news that ethereum can come back again with an adequate gas fee.
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Re: Gas fees more!!!! Why?
« Reply #66 on: November 24, 2020, 12:17:30 AM »


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Re: Gas fees more!!!! Why?
« Reply #67 on: November 24, 2020, 06:55:42 AM »
Ethereum gas fees is too high because huge there are lot of transactions are going on in the ethereum chain everyday many New project and  users are coming in the crypto market so we should wait until finish the upgrade after that ethereum gas fees and scalability will be fixed.
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Re: Gas fees more!!!! Why?
« Reply #68 on: November 24, 2020, 09:57:56 AM »
Ethereum gas fees is too high because huge there are lot of transactions are going on in the ethereum chain everyday many New project and  users are coming in the crypto market so we should wait until finish the upgrade after that ethereum gas fees and scalability will be fixed.
well what you say I really agree because until now transaction costs will increase if there are no new developments, hopefully with ethereum 2.0 it can make costs even lower.

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Offline Carbitcoin

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Re: Gas fees more!!!! Why?
« Reply #69 on: November 25, 2020, 05:59:57 PM »
I believe the Ethereum 2.0 update could launch a little faster than the January 31st date. The deposit contract is complete. If the update is successfully launched, then the scalability problems will be partially solved. In this case, the cost of transactions will be significantly reduced.
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Offline therozaq

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Re: Gas fees more!!!! Why?
« Reply #70 on: November 28, 2020, 05:09:36 AM »
Ethereum gas fees is too high because huge there are lot of transactions are going on in the ethereum chain everyday many New project and  users are coming in the crypto market so we should wait until finish the upgrade after that ethereum gas fees and scalability will be fixed.
well what you say I really agree because until now transaction costs will increase if there are no new developments, hopefully with ethereum 2.0 it can make costs even lower.

Everyone hope ethereum 2.0 release, But we don't know the advantages of ethereum 2.0. maybe you can explain about it mate.  Because I see many people very enthusiastic about Ethereum 2.0 launch will solve gas problem.
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Offline EthereumDev_

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Re: Gas fees more!!!! Why?
« Reply #71 on: November 28, 2020, 07:44:16 AM »
I believe the Ethereum 2.0 update could launch a little faster than the January 31st date. The deposit contract is complete. If the update is successfully launched, then the scalability problems will be partially solved. In this case, the cost of transactions will be significantly reduced.
yes of course ethereum will be number one and is widely used by people, especially now that it is approaching the launch of ethereum 2.0 so i am very sure this can provide a lot of benefits for those who have ethereum.

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Re: Gas fees more!!!! Why?
« Reply #72 on: November 28, 2020, 08:20:06 AM »
There were many problems with the increase in Ethereum's gas fee. The current problem is. Because it is not possible to transact or change a small amount of dollars. I think those who do small transactions, they suffer a lot. I do a lot of transactions on a small scale. Brother I am much more damaged. So I think everyone should be careful.

Offline lepbagong

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Re: Gas fees more!!!! Why?
« Reply #73 on: November 28, 2020, 08:38:00 AM »
There were many problems with the increase in Ethereum's gas fee. The current problem is. Because it is not possible to transact or change a small amount of dollars. I think those who do small transactions, they suffer a lot. I do a lot of transactions on a small scale. Brother I am much more damaged. So I think everyone should be careful.
There has been a change from ethereum gas fees but it is still not very satisfying for many people, it is clear that for every transaction that is not many, sometimes the gas fee can consume most of what is earned. However, if you look at it, sometimes if the traffic on Ethereum is very busy, then you can be sure that the gas fee will be high, but if every transaction is not large you must always look at the traffic first, it seems inefficient too. yes, I agree to our friend's appeal to be careful every day when you make a transaction.
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Offline pokxon

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Re: Gas fees more!!!! Why?
« Reply #74 on: November 28, 2020, 03:54:06 PM »
Yes, the problem with commissions in the Ethereum network, thanks to the sharp increase in Defi, will hit the average cryptocurrency holders very hard! I hope the network renewal will solve this problem at least a little!
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