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Author Topic: ETH Gas Fee Is Double Now.  (Read 8176 times)

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Re: ETH Gas Fee Is Double Now.
« Reply #45 on: March 24, 2021, 05:16:59 PM »
@Lenipiw it's not just about losing trust, it's also about users and project teams considering having their funds and projects on the Ethereum chain. Many investors with few funds are unable to invest in many interesting projects due to high transaction fees, and at the same time those projects are not receiving funds to continue their work. It's a vicious cycle that I don't think is worth maintaining. We will see what happens with ETH 2.0.
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Re: ETH Gas Fee Is Double Now.
« Reply #45 on: March 24, 2021, 05:16:59 PM »

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Offline Seerge

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Re: ETH Gas Fee Is Double Now.
« Reply #46 on: March 24, 2021, 11:08:04 PM »
Like the prices of other Crypto like Ethereum and other coins, Gas Eth is also volatile. Maybe right now the ETH Gas price is above, but sometimes the GAS ETH price goes down. So we have to continue to monitor gas prices, if we want to make transactions in order to get low costs.

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Re: ETH Gas Fee Is Double Now.
« Reply #46 on: March 24, 2021, 11:08:04 PM »

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Re: ETH Gas Fee Is Double Now.
« Reply #47 on: March 25, 2021, 04:46:54 PM »
Everyone started investing in Ethereum's scaling protocols, a very popular topic among venture capitalists. The Israeli startup Paradigm took in $ 75 million in investment, I hope we will soon see small commissions on the network.

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Re: ETH Gas Fee Is Double Now.
« Reply #48 on: March 25, 2021, 06:40:01 PM »
I understand that almost all users of the Ethereum platform are tired of high gas fees, especially when it comes to transferring small amounts of funds. Perhaps the only thing we need today is to wait for the final update 2.0, when the transition to the PoS consensus algorithm takes place and the situation changes for the better.
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Re: ETH Gas Fee Is Double Now.
« Reply #49 on: March 25, 2021, 08:06:21 PM »
ETH gas fee is double now and this is not good becasue at first we pay the low fee but now almost we pay the 12$ to 15$ on each transaction and this is not good. Can anyone know on what time the ETH gas fee is low?

The gas fees will great damage to it's network adoptions in near future if nothing is done. I think there is no specific time frame for a possible reduction in transaction fees, and I just hope the project team will do something about it.
However, the only time to expect low transaction fees may be during a bear run or price deep.

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Re: ETH Gas Fee Is Double Now.
« Reply #50 on: March 26, 2021, 06:22:12 AM »
I think gas fees are a huge expense because of the rise in prices in cryptocurrencies. Selling tokens costs three times more than what is not available. Now I don't know if the cost of gas fee will be reduced later.
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Re: ETH Gas Fee Is Double Now.
« Reply #51 on: March 26, 2021, 10:11:13 AM »
ETH gas fee is double now and this is not good becasue at first we pay the low fee but now almost we pay the 12$ to 15$ on each transaction and this is not good. Can anyone know on what time the ETH gas fee is low?
Yes mate currently in abundance at Etherium Gas free is required if any token is given to the sell.If the value of a token is $10 dollar It turns out that gas free requires $15 dollar. Due to which everyone is having a lot of problems So this problem should be solved very soon.

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Re: ETH Gas Fee Is Double Now.
« Reply #51 on: March 26, 2021, 10:11:13 AM »


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Re: ETH Gas Fee Is Double Now.
« Reply #52 on: March 27, 2021, 12:44:55 PM »
I feel that ETH's extra gas fee hurts us. There is a lot of demand in most transactions. This is because the popular platform is suddenly losing its popularity, albeit a little to increase the extra gas fee. However, the new cryptocurrencies are more comfortable here.

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Re: ETH Gas Fee Is Double Now.
« Reply #53 on: March 27, 2021, 01:18:00 PM »
I feel that ETH's extra gas fee hurts us. There is a lot of demand in most transactions. This is because the popular platform is suddenly losing its popularity, albeit a little to increase the extra gas fee. However, the new cryptocurrencies are more comfortable here.
I believe that almost all developers of other projects who use erc20 are expecting the arrival of Ethereum in the second version. This will give them a huge advantage that no Ethereum competitor can offer. Moreover, lately I have not seen a massive migration of projects between platforms.

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Re: ETH Gas Fee Is Double Now.
« Reply #54 on: March 27, 2021, 03:21:22 PM »
Having more than gas makes it very difficult for bounty hunters to sell tokens.Investors face many problems due to additional gas fees. We all hope that at some point gas free will come under control again. But everyone The idea is that there may be something better waiting for us in the future because of the extra gas free. So we have to be a little patient. A good solution will come later.

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Re: ETH Gas Fee Is Double Now.
« Reply #55 on: March 27, 2021, 03:45:48 PM »
Having more than gas makes it very difficult for bounty hunters to sell tokens.Investors face many problems due to additional gas fees. We all hope that at some point gas free will come under control again. But everyone The idea is that there may be something better waiting for us in the future because of the extra gas free. So we have to be a little patient. A good solution will come later.

Yes ,I think high gas fee is the big problem for now. Many bounty hunter, investors and traders are facing the same problem about gas fee. I also hope Ethereum team will have good solution about this problem.
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Re: ETH Gas Fee Is Double Now.
« Reply #56 on: March 27, 2021, 03:53:19 PM »
This is a very big problem on the Etherium platform Investors due to excess gas Ethereum is giving up investing in platforms.Thus, if Ethereum's gas is free, it will be seen in the future The popularity of the Etherium platform has declined.So Etherium's problem is solved very quickly Need to be done.

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Re: ETH Gas Fee Is Double Now.
« Reply #57 on: March 27, 2021, 05:11:24 PM »
It costs three times as much to transfer tokens in the first cryptocurrency life.  This has never happened before but at present the transaction fee has increased so much that it is not possible to imagine.  Selling tokens costs twice as much as what is available.

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Re: ETH Gas Fee Is Double Now.
« Reply #58 on: March 27, 2021, 05:22:10 PM »
Having more than gas makes it very difficult for bounty hunters to sell tokens.Investors face many problems due to additional gas fees. We all hope that at some point gas free will come under control again. But everyone The idea is that there may be something better waiting for us in the future because of the extra gas free. So we have to be a little patient. A good solution will come later.

Yes ,I think high gas fee is the big problem for now. Many bounty hunter, investors and traders are facing the same problem about gas fee. I also hope Ethereum team will have good solution about this problem.

Not only the groups you have named suffer the consequences of this problem. Teams that want to launch their project are also affected, and since we already know that the problem will not have a quick solution (we have to wait at least until July) they prefer to launch their projects on the Binance Smart Chain or on the Tron chain, much cheaper and faster.
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Re: ETH Gas Fee Is Double Now.
« Reply #59 on: March 28, 2021, 10:52:09 AM »
I think Ethereum's transaction fees are much lower now. However, the amount of etherium transactions that increased a few days ago can not be said.Back then no bounty manager or bounty hunter could transact any tokens from their wallet due to this Ethereum's additional transaction fee.
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