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Eye opening fee for transferring SHIB

 
4@gHK9*tGF#+
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User ID: 79793961
United States
10/30/2021 01:01 AM

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Eye opening fee for transferring SHIB
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.

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.

Last Edited by [email protected]=E@@sL4V\s on 10/30/2021 01:06 AM
Anonymous Coward
User ID: 80752190
United States
10/30/2021 01:04 AM
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Re: Eye opening fee for transferring SHIB
Crypto scam.

Hindsight will be 20/20 for all this ones it all collapses.
Anonymous Coward
User ID: 68249048
Canada
10/30/2021 01:06 AM
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Re: Eye opening fee for transferring SHIB
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.

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.
 Quoting: 4@gHK9*tGF#+



That's the Stupid Tax, bro! cruise
4@gHK9*tGF#+  (OP)

User ID: 79793961
United States
10/30/2021 01:08 AM

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Re: Eye opening fee for transferring SHIB
Just what I thought; SHIB is a scam. It's not a real cryptocurrency if it rakes out fees that high.
4@gHK9*tGF#+  (OP)

User ID: 79793961
United States
10/30/2021 01:08 AM

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Re: Eye opening fee for transferring SHIB
Yes. The tax on Stupid!
Anonymous Coward
User ID: 80752190
United States
10/30/2021 01:09 AM
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Re: Eye opening fee for transferring SHIB
Shib is a scam.

Shib is also a real cryptocurrency.
Swearbox

User ID: 77978222
Canada
10/30/2021 01:09 AM

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Re: Eye opening fee for transferring SHIB
I saw that elsewhere...retarded fees to move from an exchange to a wallet...hopefully my exchange doesn;t get hacked or fucked over because that's where my shib is staying.
Chill out, its just a Lancashire Rose
Anonymous Coward
User ID: 75953087
United States
10/30/2021 01:09 AM
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Re: Eye opening fee for transferring SHIB
Its because SHIB is an ETH based token. So its all run on the ETH network. Fees for ETH are retarded high.
Anonymous Coward
User ID: 81044812
United States
10/30/2021 01:11 AM
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Re: Eye opening fee for transferring SHIB
Crypto scam.

Hindsight will be 20/20 for all this ones it all collapses.
 Quoting: Anonymous Coward 80752190


Im not sure you understand the word collapse....governments and banks are slowly adopting crypto.....thats not collapse
Anonymous Coward
User ID: 80752190
United States
10/30/2021 01:13 AM
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Re: Eye opening fee for transferring SHIB
Crypto scam.

Hindsight will be 20/20 for all this ones it all collapses.
 Quoting: Anonymous Coward 80752190


Im not sure you understand the word collapse....governments and banks are slowly adopting crypto.....thats not collapse
 Quoting: Anonymous Coward 81044812


I understand it.
bodhidharma

User ID: 30160284
Canada
10/30/2021 01:16 AM
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Re: Eye opening fee for transferring SHIB
Buy useless shitcoins, win stupid prizes
"We are living in times where all deceptions will be revealed"
Anonymous Coward
User ID: 81058184
United States
10/30/2021 01:26 AM
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Re: Eye opening fee for transferring SHIB
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.

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.
 Quoting: 4@gHK9*tGF#+


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
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Re: Eye opening fee for transferring SHIB
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.

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.
 Quoting: 4@gHK9*tGF#+


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
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Re: Eye opening fee for transferring SHIB
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
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Re: Eye opening fee for transferring SHIB
Yes. The tax on Stupid!
 Quoting: 4@gHK9*tGF#+


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
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Re: Eye opening fee for transferring SHIB
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.

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
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Re: Eye opening fee for transferring SHIB
Buy useless shitcoins, win stupid prizes
 Quoting: bodhidharma


hesright
Anonymous Coward
User ID: 81067104
United States
10/30/2021 02:21 AM
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Re: Eye opening fee for transferring SHIB
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.
 Quoting: Brian Moran


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
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Re: Eye opening fee for transferring SHIB
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.
 Quoting: Brian Moran


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??
 Quoting: Anonymous Coward 81067104


“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

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Re: Eye opening fee for transferring SHIB
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.

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
 Quoting: Anonymous Coward 81067104


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
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Re: Eye opening fee for transferring SHIB
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.

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
 Quoting: Anonymous Coward 81067104


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
 Quoting: Princess Nutty Broad II


Yep, coins like XRP fix the problems with fees, transaction times and energy usage.
Anonymous Coward
User ID: 80812716
United States
10/30/2021 05:24 AM
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Re: Eye opening fee for transferring SHIB
op is an idiot
Anonymous Coward
User ID: 21648329
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10/30/2021 05:27 AM
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Re: Eye opening fee for transferring SHIB
Turn SHIB into USDT ect
Anonymous Coward
User ID: 80543152
United States
10/30/2021 05:35 AM
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Re: Eye opening fee for transferring SHIB
Total lies and you have got to wonder why all these people are making threads attacking shib.

I'd say its because they are invested in other coins that are losing interest to shib and they are scared.

Fucking losers.
Anonymous Coward
User ID: 77164083
10/30/2021 05:47 AM
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Re: Eye opening fee for transferring SHIB
the current state of the crypto market is more a reflection of branding than technology
Anonymous Coward
User ID: 75953087
United States
10/30/2021 05:52 AM
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Re: Eye opening fee for transferring SHIB
the current state of the crypto market is more a reflection of branding than technology
 Quoting: Anonymous Coward 77164083


We are in a speculative market but sooner or later people will smarten up and utility coins will rule.
Anonymous Coward
User ID: 81064617
United Kingdom
10/30/2021 06:02 AM
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Re: Eye opening fee for transferring SHIB
Just sell the shib into something else like ltc
Anonymous Coward
User ID: 66937733
United States
10/30/2021 06:30 AM
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Re: Eye opening fee for transferring SHIB
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.
 Quoting: Brian Moran


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??
 Quoting: Anonymous Coward 81067104


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.
Anonymous Coward
User ID: 81028748
Australia
10/30/2021 06:56 AM
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Re: Eye opening fee for transferring SHIB
Dam it, I’m buying more SHIB,
Anonymous Coward
User ID: 81028748
Australia
10/30/2021 06:56 AM
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Re: Eye opening fee for transferring SHIB
Just sell the shib into something else like ltc
 Quoting: Anonymous Coward 81064617


cruise
Anonymous Coward
User ID: 78151569
Germany
10/30/2021 06:58 AM
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Re: Eye opening fee for transferring SHIB
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.

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.
 Quoting: 4@gHK9*tGF#+


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.





GLP