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/biz/ - Business & Finance

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27819057 No.27819057 [Reply] [Original]

UNISWAP FEES WTF

200$ for a tx? 50$ to approve??

imagine buying 1000$ and paying 20% tax

imagine buying 500$ and paying 40% tax

>> No.27819078

imagine a newcomer who has zero crypto

REKT

>> No.27819132

i'll be priced out of selling my shitcoins

>> No.27819146

>>27819057
imagine being this new

>> No.27819240
File: 30 KB, 196x204, 6jqGy5x.png [View same] [iqdb] [saucenao] [google]
27819240

>>27819057
>buy $20 uniswap candy bar
>$600 gas fee
its exactly how Vitalik wanted it

>> No.27819319

Crypto can survive just fine without uniswap... kek

>> No.27819345

>>27819240
ETH is comdemned

time for other chains to take over

>> No.27819433

>>27819319
uniswap is just a measure stick. fees are ridiculous everywhere

>> No.27819480

I wasted all my money on shitcoins and fees, I'm so retarded. I should have just held onto the eth.

>> No.27819507

>>27819057
This piece of shit is what is dragging us down from truly making it

>> No.27819539

>>27819057
Other chains will take over. The question is who ?
Ark ? Avalance ? BSV? Time will tell

>> No.27819653

So if I want to swap my BAO for Eth, currently looking at about $900 value of BAO (700% rise) I have to pay how much gas?

>> No.27819670
File: 6 KB, 145x135, gcoin.jpg [View same] [iqdb] [saucenao] [google]
27819670

>>27819057
hey guys, how will Level2 work to decrease gas fees? Anyone know

You still have to convert L2 tokens to L1 at some point (or L1 to L2) and there will be similar huge gas fees doing this conversion because the conversion contract is interacted in L1. Right?

>> No.27819934

>>27819653
All of it

>> No.27820035
File: 8 KB, 302x176, fee.png [View same] [iqdb] [saucenao] [google]
27820035

>want to swap 400$ worth of some old shitcoin for ETH so I can buy new shitcoin
>see this
I this a fucking joke?

>> No.27820136
File: 927 KB, 300x200, laugh.gif [View same] [iqdb] [saucenao] [google]
27820136

>>27819057
>2021
>thinking ETH value is about actually using the network and not that basically everything in defi is pegged to ETH

>> No.27820283
File: 372 KB, 1886x1623, eth.jpg [View same] [iqdb] [saucenao] [google]
27820283

>>27819057
I heard that before

>> No.27820315
File: 150 KB, 470x532, 1600204092694.png [View same] [iqdb] [saucenao] [google]
27820315

>>27819670
If L1 is owning a car and you're a POS broke ass little teenage shit, then L2 is a bus pass. Everyone gets on the bus to save money, but the bus driver is in control, and you're on their schedule and at their mercy.

>> No.27820422

>>27819132
Already happened to me I fucking lost $60 in fees on top of this. That's like 2.5% of my net worth

>> No.27820586

>>27819132
I bought BAO without realizing how much it costs to convert BAO to ETH. I will never buy shitcoins again until gas prices are either $0 or negligible.

>> No.27820621

>>27819653
9 million

>> No.27820902

>>27819934
Shiiiiiit.

When do gas fees go down to their normal OKish rates?

>> No.27821132

>>27820586
Lol same anon. Basically can't sell my BAO back into Eth unless it actually does hit 0.01 and I have $5k worth.... and even then I am losing 20% of it to gas if current rates apply.

I won't be buying shit coins again in a hurry

>> No.27821229

>>27820902
ETH just broke a multi month key resistance point on ETH/BTC, so whales who probably bought thousands of ETH & BTC in before 2013 are making huge switches right now. When BTC/ETH starts to crab again, gas price will go down

>> No.27821251

>It will never pass 1300!
>It will never pass 1500!
>Daily ETH FUD threads when it literally broke 1700 already with a steady uptrend
This is not even a joke, doing the opposite of what this board tells you to is the only way to make it.

>> No.27821351

kek, thanks for paying those fees on shitcoins retards, my mining rig is doubling the profits this week. faggots

>> No.27821508

>>27821229
Thanks for explaining anon. Eth price + effect on gas price isn't something I prepared for lol.

>> No.27821992

FUCKING CHINK MINERS COLLECTING THEM FEES

>> No.27822106

>>27821251
bro the more eth price climbs the less people can afford shitcoins as well as using the eth network

pretty obvious this will burst

>> No.27822151

>>27820315
This except high speed railways with strippers and cocaine