The ETH Gas Crises of 2021 rages on!!! β›½β›½β›½πŸ¦„πŸ¦„πŸ¦„β€οΈβ€πŸ”₯❀️‍πŸ”₯❀️‍πŸ”₯

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28xp-ukgas-explainer-1-facebookJumbo.jpeg

Ethereum Gas Prices are Skyrocketing!!

I don't understand why everyone uses ETH so much, while the costs are continually going through the roof? Everywhere you look, people are still promoting the heck outta eth, for instance look at SHIBA, the latest craze, is just an expensive ETH tokens, however people love to swap it on Shibaswap, with their 24 hour trading volume all the way up to nearly 200 Million!! πŸš€πŸš€πŸš€

Screenshot 2021-10-08 at 10.02.31 AM.png

Whatever floats their ETH Boats, and Lambos!

To me it seems like HIVE has the way better option right now for creating Gaming DAPPS, making Crypto Transfers, social media, you name it, if it's on the blockchain HIVE can just do it do it better, faster, and without the Fee hangover! At least from what I've experienced using HIVE so far, we will be poised to rocket once all these ETH Unicorn heads realize how much they could save by cutting back on the ETH!

Screenshot 2021-10-08 at 10.17.11 AM.png The price of HIVE (above), the next ETH, but with Gas Problems solved! HIVE to $4200 then! haha

Gas is surging again at the ETH pump!

I like to monitor the ETH Gas prices on https://www.gasnow.org/
Screenshot 2021-10-08 at 9.11.50 AM.png

The cost of doing Swaps on Uniswap are absurd right now!

I don't know what this is, but it seems to be some sort of giant PONZY scheme! One day the price of gas could go to $10,000 at this rate, and only in a few years!! It's really concerning to me, It ok if the price of ETH and ETH tokens can outgrow the skyrocketing price of Gas, for investors that got in really early, however for newer investors, it seems like it would eventually become unsustainable.
Screenshot 2021-10-08 at 9.12.35 AM.png $140 to swap on Uniswap right now, No Thank You UNI 😭, I'll just stay on HIVE and swap for free!

Overall I really hope Ethereum will address this issue soon!

The main reason I hope that ETH fees are fixed lower is because I still have some Shiba on ShibaSwap, and would like to do more swapping on there in the future, and be able to get it out without burning it all up at the ETH pump! . I also hold SAITAMA there, sometimes I worry that the gas price explosion could eventually guzzle up all my profits in the long run too! Hopefully SHIBA ports on over to a new chain next year, with the launch of the SHIBARIUM, and then we'll be freed from the shackles of these ever increasing gas prices!! 🀞🀞 So until then, I'll just be laying low, waiting for the gas prices to come back down to earth, and just saying NO to ETH!

Screenshot 2021-10-08 at 9.52.13 AM.png The price of SHIBA doesn't seem to mind the stinking high Gas Prices!!! ... lol πŸ˜‚

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32 comments
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WAIT THAT IS INSANE, why would i pay 1/2 of a eth to do transactions? Is this number real=? HOLY FK ?

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Yeah, it could literally eat up an entire paycheck to do a swap these days!!

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Insane, literally insane. Who would swap if you literally bleed money for it.

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The liquidity pools will swap, that's what their job is. There is always somebody out there willing to do anything.

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This is actually a surprising piece of information. You've talked a lot about it and shared your thoughts with us.

But I am very optimistic about SHIBA and hope that soon it will make a good arrangement for us because many people have confidence in it.


Posted via proofofbrain.io

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Oh yeah, I'm not worried about shiba at all, it's available on plenty of other exchanges too, even bsc where there are low fees to trade! I was not confident in the Ether gas situation, especially Uniswap, all things remaining equal. Hope that expensive gas issue clears up soon!

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I hope this problem will be solved soon and you will be able to save yourself from the kind of thinking you are doing

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I am not a ETH fan. I won't pay for those stupid fees to Gas. Hive has everything that ETH got. I wish crypto world will see the potential of HIVE!
$WINE

Cheers~

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Yeah it gets even better than that, hive has even more than ETH, and can do things that ETH never can! haha πŸ˜‚

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Informative article - as usual. Kudos, amigo. Apologize for this off-topic question. It appears that my autovote bot that was ported to Hive from Steemit is now defunct? I believe I used to use the Steemauto bot - or something sounding like it? Do you use an autovote bot on Hive.blog? The first result on a search was HiveVote, but it's an unknown entity for me. Would appreciate a point in the right direction. May you and yours be well and love life today, my friend. In Lak'ech, JaiChai

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Oh yeah https://hive.vote is the one you are looking for. I mainly do all manual voting from this account, however I follow one account at the moment to help their community. Steeemauto is safe, and they change to hive.vote.

Screenshot 2021-10-09 at 11.34.02 PM.png

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I like your all information thanks for the shearing

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thank you very much for the exchange, have a nice day and have a great weekend

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Thank you very much for sharing information, have a good day and a great mood

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Hello @coininstant… I have chosen your post about β€œ-The ETH Gas Crises of 2021 rages on!!! β›½β›½β›½πŸ¦„πŸ¦„πŸ¦„β€οΈβ€πŸ”₯❀️‍πŸ”₯❀️‍πŸ”₯-” for my daily initiative to re-blog - vote and comment…
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Let's keep working and supporting each other to grow at Hive!...

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