Eye opening fee for transferring SHIB | |
Anonymous Coward User ID: 80752190 United States 10/30/2021 01:04 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 68249048 Canada 10/30/2021 01:06 AM Report Abusive Post Report Copyright Violation | After transferring four cryptocurrencies from the brokerage firm to a cold wallet I inspected the fees. The cost of BTC was a dime, just $0.10; DASH and ALGO cost much less than one cent, effectively $0.00 for both of them. Quoting: 4@gHK9*tGF#+ The transferred amounts of each of these three crypto's were in the three figures. The cost to transfer just ten dollars worth of SHIB cost $15.57! Wait a minute. Ten dollars worth of SHIB cost $15.57 to move from the brokerage firm to a cold wallet; the other three crypto's cost almost nothing. What's with that? I've got more SHIB in my online brokerage account; the fee came out of it. Not moving the rest until I learn why the fees are so high. That's the Stupid Tax, bro! |
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Anonymous Coward User ID: 81058184 United States 10/30/2021 01:26 AM Report Abusive Post Report Copyright Violation | After transferring four cryptocurrencies from the brokerage firm to a cold wallet I inspected the fees. The cost of BTC was a dime, just $0.10; DASH and ALGO cost much less than one cent, effectively $0.00 for both of them. Quoting: 4@gHK9*tGF#+ The transferred amounts of each of these three crypto's were in the three figures. The cost to transfer just ten dollars worth of SHIB cost $15.57! Wait a minute. Ten dollars worth of SHIB cost $15.57 to move from the brokerage firm to a cold wallet; the other three crypto's cost almost nothing. What's with that? I've got more SHIB in my online brokerage account; the fee came out of it. Not moving the rest until I learn why the fees are so high. hold until next year when the devs release the blockchain for SHIB. the gas fees will finally go down then. |
Anonymous Coward User ID: 80720644 United States 10/30/2021 01:28 AM Report Abusive Post Report Copyright Violation | After transferring four cryptocurrencies from the brokerage firm to a cold wallet I inspected the fees. The cost of BTC was a dime, just $0.10; DASH and ALGO cost much less than one cent, effectively $0.00 for both of them. Quoting: 4@gHK9*tGF#+ The transferred amounts of each of these three crypto's were in the three figures. The cost to transfer just ten dollars worth of SHIB cost $15.57! Wait a minute. Ten dollars worth of SHIB cost $15.57 to move from the brokerage firm to a cold wallet; the other three crypto's cost almost nothing. What's with that? I've got more SHIB in my online brokerage account; the fee came out of it. Not moving the rest until I learn why the fees are so high. ERC-20 tokens run on the Ethereum blockchain and they do have higher fees (Gas Charges). Shiba Inu is an ERC-20 token. |
Anonymous Coward User ID: 78265089 United States 10/30/2021 01:33 AM Report Abusive Post Report Copyright Violation | OP if you're not trolling or just trying to shill for whatever coin, learn about ETH. Plenty of posts here in your thread telling you where to learn about Gas Fees. ETH 2 , L2 etc...big changes right around the corner to mitigate this but it's something we all live with for now. ETH is about to blow the fucking lid on the market anyway, anyone involved in this world can barely sleep because of the mega changes coming down the pipe from the devs. But sleep on it if you think it's going down, that's the market. You research, you make your bet. You make your money or you lose it far be it from me to stop someone from losing money. |
Anonymous Coward User ID: 81068489 10/30/2021 02:10 AM Report Abusive Post Report Copyright Violation | But it is also how the whole scam economy works...fees Think if you want to sell your used stuff on eBay. You will be pestered by fee from eBay, PayPal, bank,post, Goverment. Even if you remove one step...they will simply fill up the difference by increasing other fees. The supposed richer guy around Elon became so by ripping of people with high fees...and the actual richer family Rothschild did exactly the same. |
Anonymous Coward User ID: 81067104 United States 10/30/2021 02:18 AM Report Abusive Post Report Copyright Violation | All this hype over a shit coin when there are real opportunities and real investments to be made in the space.. all these stupid people buying shib just cause they heard about it from a friend or from Elon musk haha they have no fucking clue what they are doing lol soo many people will get burned on this dumb shit I’m over here with my hand hovering on the short button... when they finally crash they gona crash hard af |
Anonymous Coward User ID: 81067104 United States 10/30/2021 02:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81067104 United States 10/30/2021 02:21 AM Report Abusive Post Report Copyright Violation | OP if you're not trolling or just trying to shill for whatever coin, learn about ETH. Plenty of posts here in your thread telling you where to learn about Gas Fees. Quoting: Brian Moran ETH 2 , L2 etc...big changes right around the corner to mitigate this but it's something we all live with for now. ETH is about to blow the fucking lid on the market anyway, anyone involved in this world can barely sleep because of the mega changes coming down the pipe from the devs. But sleep on it if you think it's going down, that's the market. You research, you make your bet. You make your money or you lose it far be it from me to stop someone from losing money. You mean like the last 5 or so “changes” that were supposed to make it better but really just fucked the average etherian and the miners, and thus made it worse?? |
Anonymous Coward User ID: 81067104 United States 10/30/2021 02:25 AM Report Abusive Post Report Copyright Violation | OP if you're not trolling or just trying to shill for whatever coin, learn about ETH. Plenty of posts here in your thread telling you where to learn about Gas Fees. Quoting: Brian Moran ETH 2 , L2 etc...big changes right around the corner to mitigate this but it's something we all live with for now. ETH is about to blow the fucking lid on the market anyway, anyone involved in this world can barely sleep because of the mega changes coming down the pipe from the devs. But sleep on it if you think it's going down, that's the market. You research, you make your bet. You make your money or you lose it far be it from me to stop someone from losing money. You mean like the last 5 or so “changes” that were supposed to make it better but really just fucked the average etherian and the miners, and thus made it worse?? “Two more weeks” lol [link to cory.substack.com (secure)] |
Princess Nutty Broad II User ID: 80938800 United States 10/30/2021 02:26 AM Report Abusive Post Report Copyright Violation | Stupid op. It’s because of how popular it is. The network is over saturated. Same thing happened to doge when it ran. Same thing happens to BTC when it runs for ath. It’s simply because of the amount of transactions on the network at a given time. And since every fuckboy and their mom are talking and buying shib... you have higher fees. Quoting: Anonymous Coward 81067104 All this hype over a shit coin when there are real opportunities and real investments to be made in the space.. all these stupid people buying shib just cause they heard about it from a friend or from Elon musk haha they have no fucking clue what they are doing lol soo many people will get burned on this dumb shit I’m over here with my hand hovering on the short button... when they finally crash they gona crash hard af And that’s why and how we will ultimately get functional, super high speed transactions with xlm, xrp and why they try to crush it also. Crypto wars have a while to play out. The long game is rough bc their main event show has yet to start |
Anonymous Coward User ID: 75953087 United States 10/30/2021 05:18 AM Report Abusive Post Report Copyright Violation | Stupid op. It’s because of how popular it is. The network is over saturated. Same thing happened to doge when it ran. Same thing happens to BTC when it runs for ath. It’s simply because of the amount of transactions on the network at a given time. And since every fuckboy and their mom are talking and buying shib... you have higher fees. Quoting: Anonymous Coward 81067104 All this hype over a shit coin when there are real opportunities and real investments to be made in the space.. all these stupid people buying shib just cause they heard about it from a friend or from Elon musk haha they have no fucking clue what they are doing lol soo many people will get burned on this dumb shit I’m over here with my hand hovering on the short button... when they finally crash they gona crash hard af And that’s why and how we will ultimately get functional, super high speed transactions with xlm, xrp and why they try to crush it also. Crypto wars have a while to play out. The long game is rough bc their main event show has yet to start Yep, coins like XRP fix the problems with fees, transaction times and energy usage. |
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Anonymous Coward User ID: 66937733 United States 10/30/2021 06:30 AM Report Abusive Post Report Copyright Violation | OP if you're not trolling or just trying to shill for whatever coin, learn about ETH. Plenty of posts here in your thread telling you where to learn about Gas Fees. Quoting: Brian Moran ETH 2 , L2 etc...big changes right around the corner to mitigate this but it's something we all live with for now. ETH is about to blow the fucking lid on the market anyway, anyone involved in this world can barely sleep because of the mega changes coming down the pipe from the devs. But sleep on it if you think it's going down, that's the market. You research, you make your bet. You make your money or you lose it far be it from me to stop someone from losing money. You mean like the last 5 or so “changes” that were supposed to make it better but really just fucked the average etherian and the miners, and thus made it worse?? Was thinking the exact same thing. They always say they’re gonna fix all the e20 based token gas fees. Just more lip service that fanboys like to regurgitate. |
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Anonymous Coward User ID: 78151569 Germany 10/30/2021 06:58 AM Report Abusive Post Report Copyright Violation | After transferring four cryptocurrencies from the brokerage firm to a cold wallet I inspected the fees. The cost of BTC was a dime, just $0.10; DASH and ALGO cost much less than one cent, effectively $0.00 for both of them. Quoting: 4@gHK9*tGF#+ The transferred amounts of each of these three crypto's were in the three figures. The cost to transfer just ten dollars worth of SHIB cost $15.57! Wait a minute. Ten dollars worth of SHIB cost $15.57 to move from the brokerage firm to a cold wallet; the other three crypto's cost almost nothing. What's with that? I've got more SHIB in my online brokerage account; the fee came out of it. Not moving the rest until I learn why the fees are so high. SHIB is an ERC-20 token minted on the Ethereum blockchain. ETH has very high gas fees, so it makes no sense to move small amounts of ERC-20 tokens where the fee can be greater than their value. |