/biz/ - Business & Finance

[Anonymous No.22081900]

are you FUCKING kidding me

I was willing to pay the extortionate gas fee, but it just took 95% of it then fucking FAILED.

[Anonymous No.22081920]

>>22081900
You set the gas limit too low retard. It is entirely your fault

[Anonymous No.22081951]

>>22081920
No he didn't, Pajeet.

[Anonymous No.22081975]

>>22081920
I set the limit it fucking told me to kike. It just decided at the end that it wasn't enough

[Anonymous No.22082037]

>>22081900
I wanted to pay my rent n shit and tried to cash out 1.25 eth yesterday and its still stuck after 24h

i wanted to buy some nice dips and all transactions went into "pending,quequed" wtf is this normal :( i thought this is the ultimate new money not the slow merchant banking :(

[Anonymous No.22082039]

BBBBBBBBRRRRRRAAAAAAAAPPPPPPPP

[Anonymous No.22082067]

>>22082037
also my birthsday is tommorow and i wanted to go for a nice trip to forget about everything but this transaction is still stuck guys wtf fuck ethereum cancer

[Anonymous No.22082127]

You guys probably have some pending transaction, check your etherscan.

[Anonymous No.22082159]

>>22082127
they wouldnt even pop up on etherscan for afte 20 hours. i just wasted 0.09 eth for all the transaction pending and nothing happened

[Anonymous No.22082186]

>>22082037
>>22082067
Happy birthday anon cancel those transactions and try again

[Anonymous No.22082190]

>>22081900
>the future of money and internet
>$165 for a transaction

AHHHHHH<HAHHAHAHAHHHHAHAHAHHAHHHHHHHHAHHAHAHAHAHHHHHHHHHHHHHHHHHHHHAHHAHAHAHHAH

[Anonymous No.22082196]

Does anyone have a link to that website that shows you how much you've spent on gas?

[Anonymous No.22082221]

>>22082190
>>the future of money and internet
>>$165 for a transaction
this is new level merchant shit
>>22082186
tank u fren. even canceled ones are still "pending". Im just putting gas into oblivion maan
>>22082196
I DONT EVEN WANNA KNOW

[Anonymous No.22082220]

>>22082159
Check if you have past pending transaction, cancel it before making a new tx.

[Anonymous No.22082229]

>>22081900
>>22081975
Hah you deserved it. You piece of shit.

[Anonymous No.22082238]

>>22081951
>>22081975
Yes he did. You don’t know jackshit. How the fuck is it “pajeet” to know he under allocated his gas limit.

>>22081975
Metamask isn’t perfect in estimating during times of high congestion. You should set the highest fee and up your gwei and gas limit slightly or just fucking wait for the network to cool off if 150$ makes you rage

[Anonymous No.22082291]

>>22082196
fees.wtf

[Anonymous No.22082306]

>>22081900
Imagine going to a grocery store
>This is $54.89 please
>hand over the money
>You have to pay for fees, that will be $165+54.89 please

AAAA

[Anonymous No.22082315]

>>22082220
>Check if you have past pending transaction, cancel it before making a new tx.
All txs that are canceled on my metamask are still pending when i check uniswap. Its been like this for a day. I missed nice dips and i "bought" YFV for $47 which is now over 70bux. Already wasted like $40 for txs and canceling them and i still cant fucking use it. I wish somebody would told me to use different wallets cause somethinglike that can happen

[Anonymous No.22082357]

>>22081900
Having this exact same problem right now. Trying to move borrow $10K TUSD on Aave and it's charging me +$150 and telling me I need to wait 30 mins for the TXN to confirm. How is this sustainable? This pile of shit will bog down the genuine innovation that is currently happening in this market and will get to the point where traditional bank transfers seem like a better idea...

[Anonymous No.22082371]

>>22082306
Now imagine send 10 million dollars anywhere across the world into a decentralized financial contract that has no third party risk. Only 40$? Absolutely.

If you think Bitcoin/ETH usecase is for your everyday transactions at the store you are very, very dumb

[Anonymous No.22082391]

>>22082357
Just... Wait. Fuck.

[Anonymous No.22082408]

>>22082357
>and telling me I need to wait 30 mins for the TXN to confirm. How is this sustainable?
It showed me 10minutes yesterday with max gas and im still waiting after 23hours lmao

[Anonymous No.22082420]

>>22082306
>what are loopring/omisego/zksync

[Anonymous No.22082429]

>>22082291
>You've spent Ξ5.048 on gas. Right now, that's $2,327.49.

[Anonymous No.22082444]

>>22082190
its actually a good thing pajeets and mainlanders cant get through the paywall

[Anonymous No.22082450]

>>22081900
do you aboslute niggers not understand that the gas limit is the computation wrok youre asking the miner to do and the gas price is the price per unit of computation? These defi tx have a lot of changes to the blockchain with variables and operations so are expensive. If you set 900k gas limit and the miner sees "weve used up 850k so far, and theres no way im gonna do all the work your tx requires with the remaining 50k youve allwoed for me, im gonna revert it all", he will still charge you for the work you made him do.

[Anonymous No.22082465]

>>22082306
It's even worse than that.

>This is $54.89 please
>hand over the money
>You have to pay for fees, that will be $165+54.89 please
>Hand over the money
>hold on let me count that
>oh actually I've decided the fee is $250 now
>I'll be keeping the money I've already counted though, now fuck off :)

[Anonymous No.22082490]

>>22082465
>>22082371

>>22082450
No they are all retarded newfags who are mad the casino is charging them more than they want to spend

[Anonymous No.22082494]

>>22082465
no retard, a standard sending eth tx is a few dollars even at these gas fees. And it will only cost exactly how much you are prepared to pay. If everyone else is prepared to pay more, then miners wont process your tx

[Anonymous No.22082554]

Here’s a pro tip to not fail transactions: look at the contracts last transaction that succeeded and copy its gas/limit values for your own

[Anonymous No.22082576]

three times i've done this.

[Anonymous No.22082621]

thank gof I learned my gas lessons under 100 gwei lol

[Anonymous No.22082766]

my god what a shit platform ETH is - jesus fuck this is embarrassing.

[Anonymous No.22082783]

>>22082450
>computation wrok
oh just fuck right off - there is no computation (((work))) being done that justifies 3 cents much less a hundred plus bucks.

[Anonymous No.22082801]

>>22082766
This. I dont give a fuck about gas prices, it's just that it doesnt even work and you end up watching you pending transaction for hours and days

[Anonymous No.22082802]

>>22082490

[Anonymous No.22082811]

>WHY DONT U FUCKING JUST LOWER THE GAS PRICE!? YOU ARE PRICED OUT

[Anonymous No.22082823]

>>22082801
ETH is going to implode on itself at this rate - they better figure this shit out pronto because right now they'r choking the bullrun and devs will jump ship

[Anonymous No.22082837]

>>22082357
yea i didnt say it would work

[Anonymous No.22082883]

>>22082429
Apparently that site is farming ips and connecting them to big wallets. Rip you dog

[Anonymous No.22082907]

>>22081900
Time to investigate Quant Network’s least cost routing...

[Anonymous No.22082912]

>>22082783
What you’ve described is called being priced out of a free market economy. Crypto isn’t for poorfags anymore; this is what big money adoption looks like. You have 11 years.

[Anonymous No.22082938]

>>22082912
The money that u scammed via defi are from these poorfags, if they cant use it then enjoy bagholding dumb cunt

[Anonymous No.22082946]

>>22082823
They can’t fix it. The only solution is Quant Network’s Overledger which was built from the ground up to interoperate all blockchains at scale.

[Anonymous No.22082948]

also why is nobody talking about the eth miners incentive to disrupt and delay eth 2.0?
they are making a killing and would do anything to keep it that way

[Anonymous No.22082956]

>>22082067
>not using xrp

[Anonymous No.22082958]

>>22082450
Ahh thank you. A good post like yours that explains everything in a paragraph is worth trudging through the thousands of shitposts for. Now I get what’s going on.

[Anonymous No.22083008]

>>22082938
Yea poorfags are responsible for 1.1B in TVL on sushiswap, 300-2B marketcaps on every DeFi coin, right. Poorfags aren’t shit. They don’t matter and gas fees will keep going up because WallSt and big money are coming in.

[Anonymous No.22083010]

>>22082450
XRP doesn't have this issue. EOS doesn't have this issue. At this point even BTC doesn't have this issue. ETH was the chosen winner and we got fucked for it. Fuck ETH and fuck all you cryptoniggers who wanted ETH to work. You got scammed for the sake of miners.

[Anonymous No.22083021]

How will eth 2.0 solve this?

[Anonymous No.22083026]

I dont have any Eth and never use it, is this real?

[Anonymous No.22083033]

and this fuckers is why most linkers are completly bonkers about arbitrum, this shit will be like adding an engine to a fucking horsecart and create a automobile, it will be so fast and cheap that everyone will laugh at vitalik autistic face!

[Anonymous No.22083160]

>>22082315
Check etherscan, does it show pending there?

[Anonymous No.22083161]

>>22082420
>what are scam/morescam/scammest

[Anonymous No.22083187]

>>22083008
if there are no little fish for u to feed on, then u are the small fish for the bigger fish.

[Anonymous No.22083202]

>>22083160
>Check etherscan, does it show pending there?
Yes. Everything got canceled except for that ETH i wanted to cashout on exchange. I even sent Nonce of that tx 30minutes ago to my self with 0.00ETH for $5 and its still pending :(

[Anonymous No.22083228]

>>22083187
Yea there is always a bigger fish. However I am well positioned to do very well if those big fish keep coming.

[Anonymous No.22083240]

Do you retards realize this is the fee for interacting with complex defi/deploying a contract?

Token transfer costs 5 dollars (this is the absolute ATH of fees) for 30sec confirmation time
ETH transfer costs 2 for 30sec confirmation time

[Anonymous No.22083261]

>>22083026
Yes there is a fucking transaction crisis going on because of DeFi. I am so glad I got into Sushi 2 days ago. Jesus christ its fucked

[Anonymous No.22083269]

>>22083240
>Token transfer costs 5 dollars (this is the absolute ATH of fees) for 30sec confirmation time
>ETH transfer costs 2 for 30sec confirmation time
And this shit ends up proceedeing on your wallet for 30h clogging all tx...

[Anonymous No.22083336]

>>22083033
Is my understanding right?
That currently, when running a smart contract it calls Ethereum api functions to do things like swap tokens, which costs eth, but complex contracts also call api functions to create variables, evaluate conditions and so on, and calling these Ethereum functions also costs eth, making complex contracts costly to run.
Is the point of Arbitrum then that the contracts can execute off chain in such a way that creating variables etc can happen cheaply, and then then for the final result (swapping some tokens) they go back to the ethereum chain?
This would reduce ethereum from a smart contract execution layer to a settlement layer for custom tokens.
But that might not even be a bad thing for ethereum, focusing on its core strength. Bitcoin is the ultimate, store of value, settlement layer, then eth for all the custom tokens, then chainlink+Arbitrum becomes the smart contract layer.
Am I completely off here?

[Anonymous No.22083339]

>>22083261
wont this drive the price up though? because people dont wanna move their eth causing a decrease in supply?

[Anonymous No.22083349]

>>22081900
yes I'm getting that even more lately.
There's some bug in geth regarding gas estimation. I looked into code but I don't see a reason, they always return gas limit that succeeded in local execution.
Almost guaranteed limit that's too low is selling something to weth on uniswap.

[Anonymous No.22083357]

>>22081900
This shit is getting way out of hand people will jump ship and that will legit kill eth why do they use such a retarded system?

[Anonymous No.22083376]

>>22082221
you don't need to cancel.
Enable advanced nonce control in settings->advanced.
Now make a new transaction with the same nonce as the earliest pending transaction (you can see the nonce either in metamask, or on etherscan). If the gas fee is at least 10% higher it's going to replace it.
It can be anything, including a transfer.

[Anonymous No.22083438]

I just want to do the needful and acquire more PNK sirs.

[Anonymous No.22083467]

It’s probably miners conspiracy, they want to get rich before they become obsolete (easily doable if 40pct of miners pool agree to reject tx with gas cost less than certain amount)

[Anonymous No.22083508]

>>22083376
>you don't need to cancel.
>Enable advanced nonce control in settings->advanced.
>Now make a new transaction with the same nonce as the earliest pending transaction (you can see the nonce either in metamask, or on etherscan). If the gas fee is at least 10% higher it's going to replace it.
>It can be anything, including a transfer.
>>22083202
>Yes. Everything got canceled except for that ETH i wanted to cashout on exchange. I even sent Nonce of that tx 30minutes ago to my self with 0.00ETH for $5 and its still pending :(
Already did that and its stuck for a hour

[Anonymous No.22083518]

>>22082429
tax deductable

[Anonymous No.22083524]

>>22083508
that means the gas fee is too low. gas fees are absurdly high right now because of sushi farming.
You need to set 445 gwei if you want it to go now

[Anonymous No.22083597]

>>22083336

Just dump shithereum and change to cosmos. Really no reason to use this shitcoin.

[Anonymous No.22083843]

>>22083336
Pretty much, when this shit sails around q4 this year it will pump all defi and chainlink and simultaneously damage ethereum as a smartcontract execution layer.....win win

[Anonymous No.22084135]

If I buy from Binance (with ETH) rather than Uniswap, do I still pay gas fees?

[Anonymous No.22084209]

>>22084135
No, you pay a % fee to binance but it will be a tiny fraction of what the gas fees are atm.

[Anonymous No.22084307]

>>22083336
>This would reduce ethereum from a smart contract execution layer to a settlement layer for custom tokens.
you now begin to understand

[Anonymous No.22084752]

Kek you even have to pay gas to move shit to your wallet?