Post
Topic
Board Altcoin Discussion
Re: Ethereum fees are crazy...
by
South Park
on 19/09/2020, 17:38:57 UTC
Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in  a near future can be lowered?...
It is inevitable, the space in each block is limited and the demand is high and we know what happens when that is the case right? The price of that thing goes up, which means the price you need to get a confirmation on the Ethereum network is very high at the moment, this is really bad especially for small investors as they may find the price of the transaction itself is higher than the price of their coins effectively making a bad business decision to get rid of their coins, and if you happen to be a trader those fees could kill any profits your system may give you making impossible to trade in a profitable way.