Godlike Productions - Discussion Forum
Users Online Now: 926 (Who's On?)Visitors Today: 297,002
Pageviews Today: 451,194Threads Today: 173Posts Today: 2,304
05:13 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Eye opening fee for transferring SHIB

 
Hyper Star

User ID: 81068938
Israel
10/30/2021 07:01 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
I moved 50 usd of USDT via Erc20. Cost my 30 usd gas fee.

Thought I would try usdt for the first time as a transfer.

What I normally do is exchange my crypto to another coin and network to transfer. Much much cheaper. And quicker.
Pray for the peace over Jerusalem.
Anonymous Coward
User ID: 81014370
United Kingdom
10/30/2021 07:04 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB


blackeye
Hyper Star

User ID: 81068938
Israel
10/30/2021 08:12 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
 Quoting: Anonymous Coward 81014370


Best thing I find to do usually. Is to exchange to another coin. Almost free or simply by far cheaper.

Not using Erc20 to transfer. Way to expensive the gas fees.
Pray for the peace over Jerusalem.
JimmyBones

User ID: 53188484
United States
10/30/2021 08:14 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
It's the Ethereum network. Called Gwei fees or Gas fees. Part of the network.

You can try when the network is less stressed and the fee will go down.

You have to know how to crypto before playing in cryptos.
Anonymous Coward
User ID: 78151569
Germany
10/30/2021 08:18 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
ETH 2.0 should take care of the ridiculous gas fees.

There are a number of ETH level 2 solutions already implemented that make swapping and transferring of assets extremely cheap to do.
Anonymous Coward
User ID: 79325434
United States
10/30/2021 08:30 AM
Report Abusive Post
Report Copyright Violation
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#+


Heya, Shib's fees are so high because SHIB is a token on the Ethereum blockchain. In fact, the reason why DASH's Fees (but not Algo's) are so low is the same reason Shib (Eth's) fees are so high; Eth is not scalable. Like most original cryptocurrencies, ETH nodes are run by volunteers.

Eth is a bit different from BTC (DASH is a code fork of BTC) in that BTC (and DASH) are just for payments. Eth on the other hand runs computer programs on its entire network as a form of validation of the results. So Eth is more resource intensive than coins like BTC and DASH.

But BTC has the same general problem as Eth, the nodes (not miners who secure the chain) are run by volunteers who offer their computers to the networks. Now, if you've ever run a computer 24/7/365 you know that this costs money.

And this is the reason why DASH's fees are so low and always will be (not algo though, algo is centralized), because DASH's full nodes are PAID nodes, just like miners are paid. By paying both miners AND node operators from the block reward, the costs to run those nodes is passed onto the DASH network itself, instead of volunteers.

Since they get paid, they have reason to keep running their nodes and the fees for transacting never feel any pressure. On networks with volunteer nodes, however, the more people use the network the higher the fees grow, because using the network puts costs on the volunteer operators.

This causes fees to rise on both BTC and ETH during times of high usage, indeed all proof of work blockchains suffer from this because Satoshi didn't envision that miners and node operators would separate (originally all nodes were mining nodes).

However, it makes sense to seperate and remunerate these as separate classes like DASH does, because they do different things. Miners validate blocks, nodes propagate them to the rest of the network and form the consensus on what is the right chain. In DASH, nodes have even more responsibilities that allow DASH to do things other networks can't do.
Anonymous Coward
User ID: 6606530
United States
10/30/2021 08:30 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
Wait till you see the fees that Robinhood will charge once it gets listed there next week.
Anonymous Coward
User ID: 10285897
United States
10/30/2021 08:31 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
It's because SHIB is on ETH and ETH is actually used. ETH is the most transacted blockchain in the world, if yo uwant to use the worlds most powerful super computer you gotta pay for it. There will be upgrades next year.
Anonymous Coward
User ID: 76997629
Ireland
10/30/2021 08:32 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
Shib is the greatest thing since the Klondyke gold rush. It's going to at least 1c, possibly 10c. I'm going to be a millionaire several times over in a year. You watch.
Anonymous Coward
User ID: 10285897
United States
10/30/2021 08:32 AM
Report Abusive Post
Report Copyright Violation
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#+


Heya, Shib's fees are so high because SHIB is a token on the Ethereum blockchain. In fact, the reason why DASH's Fees (but not Algo's) are so low is the same reason Shib (Eth's) fees are so high; Eth is not scalable. Like most original cryptocurrencies, ETH nodes are run by volunteers.

Eth is a bit different from BTC (DASH is a code fork of BTC) in that BTC (and DASH) are just for payments. Eth on the other hand runs computer programs on its entire network as a form of validation of the results. So Eth is more resource intensive than coins like BTC and DASH.

But BTC has the same general problem as Eth, the nodes (not miners who secure the chain) are run by volunteers who offer their computers to the networks. Now, if you've ever run a computer 24/7/365 you know that this costs money.

And this is the reason why DASH's fees are so low and always will be (not algo though, algo is centralized), because DASH's full nodes are PAID nodes, just like miners are paid. By paying both miners AND node operators from the block reward, the costs to run those nodes is passed onto the DASH network itself, instead of volunteers.

Since they get paid, they have reason to keep running their nodes and the fees for transacting never feel any pressure. On networks with volunteer nodes, however, the more people use the network the higher the fees grow, because using the network puts costs on the volunteer operators.

This causes fees to rise on both BTC and ETH during times of high usage, indeed all proof of work blockchains suffer from this because Satoshi didn't envision that miners and node operators would separate (originally all nodes were mining nodes).

However, it makes sense to seperate and remunerate these as separate classes like DASH does, because they do different things. Miners validate blocks, nodes propagate them to the rest of the network and form the consensus on what is the right chain. In DASH, nodes have even more responsibilities that allow DASH to do things other networks can't do.
 Quoting: Anonymous Coward 79325434


You couldn't be more wrong. ETH is 100% scalable, you're an idiot, whatever you do, don't listen to this fucking moron.
Anonymous Coward
User ID: 79325434
United States
10/30/2021 08:38 AM
Report Abusive Post
Report Copyright Violation
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#+


Heya, Shib's fees are so high because SHIB is a token on the Ethereum blockchain. In fact, the reason why DASH's Fees (but not Algo's) are so low is the same reason Shib (Eth's) fees are so high; Eth is not scalable. Like most original cryptocurrencies, ETH nodes are run by volunteers.

Eth is a bit different from BTC (DASH is a code fork of BTC) in that BTC (and DASH) are just for payments. Eth on the other hand runs computer programs on its entire network as a form of validation of the results. So Eth is more resource intensive than coins like BTC and DASH.

But BTC has the same general problem as Eth, the nodes (not miners who secure the chain) are run by volunteers who offer their computers to the networks. Now, if you've ever run a computer 24/7/365 you know that this costs money.

And this is the reason why DASH's fees are so low and always will be (not algo though, algo is centralized), because DASH's full nodes are PAID nodes, just like miners are paid. By paying both miners AND node operators from the block reward, the costs to run those nodes is passed onto the DASH network itself, instead of volunteers.

Since they get paid, they have reason to keep running their nodes and the fees for transacting never feel any pressure. On networks with volunteer nodes, however, the more people use the network the higher the fees grow, because using the network puts costs on the volunteer operators.

This causes fees to rise on both BTC and ETH during times of high usage, indeed all proof of work blockchains suffer from this because Satoshi didn't envision that miners and node operators would separate (originally all nodes were mining nodes).

However, it makes sense to seperate and remunerate these as separate classes like DASH does, because they do different things. Miners validate blocks, nodes propagate them to the rest of the network and form the consensus on what is the right chain. In DASH, nodes have even more responsibilities that allow DASH to do things other networks can't do.
 Quoting: Anonymous Coward 79325434


You couldn't be more wrong. ETH is 100% scalable, you're an idiot, whatever you do, don't listen to this fucking moron.
 Quoting: Anonymous Coward 10285897


If I'm wrong it should be easy to say why instead of just calling names right? Calling someone an idiot without explaining why is stupid behavior itself, so you're exposing yourself just by that.

ETH is not scalable because its not really scalable to run programs on blockchains. Blockchains were designed to be ledgers of account, not decentralized computing platforms. That's why ETH is in so much trouble and needs so many updates and "2 weeks" upgrades. Eth is trying to use blockchains for something they weren't designed for.

It costs money to run computer programs. It costs even more to run those programs across multiple computers simultaneously. But aside from that, even if that weren't the case, Eth still relies on volunteer nodes which makes fees rise when usage does. How is that scalable? It costs 40- 100 bucks just to transact with Eth or its tokens.

These fees have basically ruined the buy stablecoins during bull markets and sell for crypto currencies during bear markets trading strategy. That strategy relied on cheap fees to convert from DAI or USDC (both eth tokens) to other coins. But at $50-100 a pop that idea is ruined.
Anonymous Coward
User ID: 78151569
Germany
10/30/2021 08:52 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
Shib is the greatest thing since the Klondyke gold rush. It's going to at least 1c, possibly 10c. I'm going to be a millionaire several times over in a year. You watch.
 Quoting: Anonymous Coward 76997629


scream

sealsealsealwhip
Anonymous Coward
User ID: 10285897
United States
10/30/2021 08:57 AM
Report Abusive Post
Report Copyright Violation
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#+


Heya, Shib's fees are so high because SHIB is a token on the Ethereum blockchain. In fact, the reason why DASH's Fees (but not Algo's) are so low is the same reason Shib (Eth's) fees are so high; Eth is not scalable. Like most original cryptocurrencies, ETH nodes are run by volunteers.

Eth is a bit different from BTC (DASH is a code fork of BTC) in that BTC (and DASH) are just for payments. Eth on the other hand runs computer programs on its entire network as a form of validation of the results. So Eth is more resource intensive than coins like BTC and DASH.

But BTC has the same general problem as Eth, the nodes (not miners who secure the chain) are run by volunteers who offer their computers to the networks. Now, if you've ever run a computer 24/7/365 you know that this costs money.

And this is the reason why DASH's fees are so low and always will be (not algo though, algo is centralized), because DASH's full nodes are PAID nodes, just like miners are paid. By paying both miners AND node operators from the block reward, the costs to run those nodes is passed onto the DASH network itself, instead of volunteers.

Since they get paid, they have reason to keep running their nodes and the fees for transacting never feel any pressure. On networks with volunteer nodes, however, the more people use the network the higher the fees grow, because using the network puts costs on the volunteer operators.

This causes fees to rise on both BTC and ETH during times of high usage, indeed all proof of work blockchains suffer from this because Satoshi didn't envision that miners and node operators would separate (originally all nodes were mining nodes).

However, it makes sense to seperate and remunerate these as separate classes like DASH does, because they do different things. Miners validate blocks, nodes propagate them to the rest of the network and form the consensus on what is the right chain. In DASH, nodes have even more responsibilities that allow DASH to do things other networks can't do.
 Quoting: Anonymous Coward 79325434


You couldn't be more wrong. ETH is 100% scalable, you're an idiot, whatever you do, don't listen to this fucking moron.
 Quoting: Anonymous Coward 10285897


If I'm wrong it should be easy to say why instead of just calling names right? Calling someone an idiot without explaining why is stupid behavior itself, so you're exposing yourself just by that.

ETH is not scalable because its not really scalable to run programs on blockchains. Blockchains were designed to be ledgers of account, not decentralized computing platforms. That's why ETH is in so much trouble and needs so many updates and "2 weeks" upgrades. Eth is trying to use blockchains for something they weren't designed for.

It costs money to run computer programs. It costs even more to run those programs across multiple computers simultaneously. But aside from that, even if that weren't the case, Eth still relies on volunteer nodes which makes fees rise when usage does. How is that scalable? It costs 40- 100 bucks just to transact with Eth or its tokens.

These fees have basically ruined the buy stablecoins during bull markets and sell for crypto currencies during bear markets trading strategy. That strategy relied on cheap fees to convert from DAI or USDC (both eth tokens) to other coins. But at $50-100 a pop that idea is ruined.
 Quoting: Anonymous Coward 79325434





You are shilling fucking DASH.. You are not going to make it. You literally think DASH is better than ETH. I don't need to say anything else.

ETH is where the brain power is. ETH will win in the end. ETH2 will scale. You're an idiot to buy anything else.

Just listen to Cathy Wood if you don't believe some random AC asshole on GLP.
Anonymous Coward
User ID: 10285897
United States
10/30/2021 08:59 AM
Report Abusive Post
Report Copyright Violation
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#+


Heya, Shib's fees are so high because SHIB is a token on the Ethereum blockchain. In fact, the reason why DASH's Fees (but not Algo's) are so low is the same reason Shib (Eth's) fees are so high; Eth is not scalable. Like most original cryptocurrencies, ETH nodes are run by volunteers.

Eth is a bit different from BTC (DASH is a code fork of BTC) in that BTC (and DASH) are just for payments. Eth on the other hand runs computer programs on its entire network as a form of validation of the results. So Eth is more resource intensive than coins like BTC and DASH.

But BTC has the same general problem as Eth, the nodes (not miners who secure the chain) are run by volunteers who offer their computers to the networks. Now, if you've ever run a computer 24/7/365 you know that this costs money.

And this is the reason why DASH's fees are so low and always will be (not algo though, algo is centralized), because DASH's full nodes are PAID nodes, just like miners are paid. By paying both miners AND node operators from the block reward, the costs to run those nodes is passed onto the DASH network itself, instead of volunteers.

Since they get paid, they have reason to keep running their nodes and the fees for transacting never feel any pressure. On networks with volunteer nodes, however, the more people use the network the higher the fees grow, because using the network puts costs on the volunteer operators.

This causes fees to rise on both BTC and ETH during times of high usage, indeed all proof of work blockchains suffer from this because Satoshi didn't envision that miners and node operators would separate (originally all nodes were mining nodes).

However, it makes sense to seperate and remunerate these as separate classes like DASH does, because they do different things. Miners validate blocks, nodes propagate them to the rest of the network and form the consensus on what is the right chain. In DASH, nodes have even more responsibilities that allow DASH to do things other networks can't do.
 Quoting: Anonymous Coward 79325434


You couldn't be more wrong. ETH is 100% scalable, you're an idiot, whatever you do, don't listen to this fucking moron.
 Quoting: Anonymous Coward 10285897


If I'm wrong it should be easy to say why instead of just calling names right? Calling someone an idiot without explaining why is stupid behavior itself, so you're exposing yourself just by that.

ETH is not scalable because its not really scalable to run programs on blockchains. Blockchains were designed to be ledgers of account, not decentralized computing platforms. That's why ETH is in so much trouble and needs so many updates and "2 weeks" upgrades. Eth is trying to use blockchains for something they weren't designed for.

It costs money to run computer programs. It costs even more to run those programs across multiple computers simultaneously. But aside from that, even if that weren't the case, Eth still relies on volunteer nodes which makes fees rise when usage does. How is that scalable? It costs 40- 100 bucks just to transact with Eth or its tokens.

These fees have basically ruined the buy stablecoins during bull markets and sell for crypto currencies during bear markets trading strategy. That strategy relied on cheap fees to convert from DAI or USDC (both eth tokens) to other coins. But at $50-100 a pop that idea is ruined.
 Quoting: Anonymous Coward 79325434


The fees haven't ruined anything.. I'm trading millions of dollars, i don't give a shit about $50 transaction fee.

You are also grossly misunderstanding and comparing apples to oranges. DASH doesn't even have smart contracts. Sending ETH transfers is as cheap as BTC.

Interaction with smart contracts takes computation power and costs more. But i'm not even going to go down that road with such a small brain as yours. You're literally shilling DASH. Jesus fucking christ.
Anonymous Coward
User ID: 10285897
United States
10/30/2021 09:02 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
 Quoting: Anonymous Coward 81014370


Okay, if you're sending $100 on ETH at this time use ETH to transfer, not fucking ERC20's. Don't be retarded. Also don't send gas during high usage times.

Gas cost on ETH is based on usage. ETH is so "unusable" it's being used more than any other blockchain if you combined all the chians transaction volume together it still wouldn't beat ETH. I know, fucking weird.





Transfering ETH does NOT interact with smart contracts, meaning the transfers are MUCH cheaper. If you're comparing sending USDC to BTC, SOL, etc you're an idiot and you're not going to make it. Learn what the fuck you're interacting with before making retarded posts like this.
Anonymous Coward
User ID: 79299268
United States
10/30/2021 09:03 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
...


Heya, Shib's fees are so high because SHIB is a token on the Ethereum blockchain. In fact, the reason why DASH's Fees (but not Algo's) are so low is the same reason Shib (Eth's) fees are so high; Eth is not scalable. Like most original cryptocurrencies, ETH nodes are run by volunteers.

Eth is a bit different from BTC (DASH is a code fork of BTC) in that BTC (and DASH) are just for payments. Eth on the other hand runs computer programs on its entire network as a form of validation of the results. So Eth is more resource intensive than coins like BTC and DASH.

But BTC has the same general problem as Eth, the nodes (not miners who secure the chain) are run by volunteers who offer their computers to the networks. Now, if you've ever run a computer 24/7/365 you know that this costs money.

And this is the reason why DASH's fees are so low and always will be (not algo though, algo is centralized), because DASH's full nodes are PAID nodes, just like miners are paid. By paying both miners AND node operators from the block reward, the costs to run those nodes is passed onto the DASH network itself, instead of volunteers.

Since they get paid, they have reason to keep running their nodes and the fees for transacting never feel any pressure. On networks with volunteer nodes, however, the more people use the network the higher the fees grow, because using the network puts costs on the volunteer operators.

This causes fees to rise on both BTC and ETH during times of high usage, indeed all proof of work blockchains suffer from this because Satoshi didn't envision that miners and node operators would separate (originally all nodes were mining nodes).

However, it makes sense to seperate and remunerate these as separate classes like DASH does, because they do different things. Miners validate blocks, nodes propagate them to the rest of the network and form the consensus on what is the right chain. In DASH, nodes have even more responsibilities that allow DASH to do things other networks can't do.
 Quoting: Anonymous Coward 79325434


You couldn't be more wrong. ETH is 100% scalable, you're an idiot, whatever you do, don't listen to this fucking moron.
 Quoting: Anonymous Coward 10285897


If I'm wrong it should be easy to say why instead of just calling names right? Calling someone an idiot without explaining why is stupid behavior itself, so you're exposing yourself just by that.

ETH is not scalable because its not really scalable to run programs on blockchains. Blockchains were designed to be ledgers of account, not decentralized computing platforms. That's why ETH is in so much trouble and needs so many updates and "2 weeks" upgrades. Eth is trying to use blockchains for something they weren't designed for.

It costs money to run computer programs. It costs even more to run those programs across multiple computers simultaneously. But aside from that, even if that weren't the case, Eth still relies on volunteer nodes which makes fees rise when usage does. How is that scalable? It costs 40- 100 bucks just to transact with Eth or its tokens.

These fees have basically ruined the buy stablecoins during bull markets and sell for crypto currencies during bear markets trading strategy. That strategy relied on cheap fees to convert from DAI or USDC (both eth tokens) to other coins. But at $50-100 a pop that idea is ruined.
 Quoting: Anonymous Coward 79325434





You are shilling fucking DASH.. You are not going to make it. You literally think DASH is better than ETH. I don't need to say anything else.

ETH is where the brain power is. ETH will win in the end. ETH2 will scale. You're an idiot to buy anything else.

Just listen to Cathy Wood if you don't believe some random AC asshole on GLP.
 Quoting: Anonymous Coward 10285897


I don't shill anything, shilling is an act that relies on tricking potential investors by pretending to give an unbiased review while actually being affiliated with what you're promoting. There's nothing wrong with openly promoting things you actually use and that actually work.

And anyway, DASH is better than ETH. There's no doubt about it. DASH has INSTANT transactions, Eth relies on 15 second block times (which is almost too long at the checkout counter). Also, DASH has FULLY PAID NODES called masternodes which are rewarded for supporting the network (that's why its able to have instant transactions and still be decentralized unlike BTC, BCH and yes, unlike ETH).

You rely on "appeals to popularity and authority" because you don't have any actual arguments. You don't have any arguments because you're WRONG and you know it, yet you continue to hype a shitcoin. So actually, its YOU who is the shill.

ETH2 is going to be POS which will lock in the original Eth 100% premine. POS rewards current stakeholders while POW incentivizes new ones because mining is not deterministic. You really need to do more research, everything you say is lies.
Anonymous Coward
User ID: 10285897
United States
10/30/2021 09:04 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
...


You couldn't be more wrong. ETH is 100% scalable, you're an idiot, whatever you do, don't listen to this fucking moron.
 Quoting: Anonymous Coward 10285897


If I'm wrong it should be easy to say why instead of just calling names right? Calling someone an idiot without explaining why is stupid behavior itself, so you're exposing yourself just by that.

ETH is not scalable because its not really scalable to run programs on blockchains. Blockchains were designed to be ledgers of account, not decentralized computing platforms. That's why ETH is in so much trouble and needs so many updates and "2 weeks" upgrades. Eth is trying to use blockchains for something they weren't designed for.

It costs money to run computer programs. It costs even more to run those programs across multiple computers simultaneously. But aside from that, even if that weren't the case, Eth still relies on volunteer nodes which makes fees rise when usage does. How is that scalable? It costs 40- 100 bucks just to transact with Eth or its tokens.

These fees have basically ruined the buy stablecoins during bull markets and sell for crypto currencies during bear markets trading strategy. That strategy relied on cheap fees to convert from DAI or USDC (both eth tokens) to other coins. But at $50-100 a pop that idea is ruined.
 Quoting: Anonymous Coward 79325434





You are shilling fucking DASH.. You are not going to make it. You literally think DASH is better than ETH. I don't need to say anything else.

ETH is where the brain power is. ETH will win in the end. ETH2 will scale. You're an idiot to buy anything else.

Just listen to Cathy Wood if you don't believe some random AC asshole on GLP.
 Quoting: Anonymous Coward 10285897


I don't shill anything, shilling is an act that relies on tricking potential investors by pretending to give an unbiased review while actually being affiliated with what you're promoting. There's nothing wrong with openly promoting things you actually use and that actually work.

And anyway, DASH is better than ETH. There's no doubt about it. DASH has INSTANT transactions, Eth relies on 15 second block times (which is almost too long at the checkout counter). Also, DASH has FULLY PAID NODES called masternodes which are rewarded for supporting the network (that's why its able to have instant transactions and still be decentralized unlike BTC, BCH and yes, unlike ETH).

You rely on "appeals to popularity and authority" because you don't have any actual arguments. You don't have any arguments because you're WRONG and you know it, yet you continue to hype a shitcoin. So actually, its YOU who is the shill.

ETH2 is going to be POS which will lock in the original Eth 100% premine. POS rewards current stakeholders while POW incentivizes new ones because mining is not deterministic. You really need to do more research, everything you say is lies.
 Quoting: Anonymous Coward 79299268


you're a fucking retard.. have fun staying poor. dash is better than ETH, LOL... fucking christ. no wonder there are so many poors in this world. You are pants on head retarded.
Anonymous Coward
User ID: 10285897
United States
10/30/2021 09:05 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
...


If I'm wrong it should be easy to say why instead of just calling names right? Calling someone an idiot without explaining why is stupid behavior itself, so you're exposing yourself just by that.

ETH is not scalable because its not really scalable to run programs on blockchains. Blockchains were designed to be ledgers of account, not decentralized computing platforms. That's why ETH is in so much trouble and needs so many updates and "2 weeks" upgrades. Eth is trying to use blockchains for something they weren't designed for.

It costs money to run computer programs. It costs even more to run those programs across multiple computers simultaneously. But aside from that, even if that weren't the case, Eth still relies on volunteer nodes which makes fees rise when usage does. How is that scalable? It costs 40- 100 bucks just to transact with Eth or its tokens.

These fees have basically ruined the buy stablecoins during bull markets and sell for crypto currencies during bear markets trading strategy. That strategy relied on cheap fees to convert from DAI or USDC (both eth tokens) to other coins. But at $50-100 a pop that idea is ruined.
 Quoting: Anonymous Coward 79325434





You are shilling fucking DASH.. You are not going to make it. You literally think DASH is better than ETH. I don't need to say anything else.

ETH is where the brain power is. ETH will win in the end. ETH2 will scale. You're an idiot to buy anything else.

Just listen to Cathy Wood if you don't believe some random AC asshole on GLP.
 Quoting: Anonymous Coward 10285897


I don't shill anything, shilling is an act that relies on tricking potential investors by pretending to give an unbiased review while actually being affiliated with what you're promoting. There's nothing wrong with openly promoting things you actually use and that actually work.

And anyway, DASH is better than ETH. There's no doubt about it. DASH has INSTANT transactions, Eth relies on 15 second block times (which is almost too long at the checkout counter). Also, DASH has FULLY PAID NODES called masternodes which are rewarded for supporting the network (that's why its able to have instant transactions and still be decentralized unlike BTC, BCH and yes, unlike ETH).

You rely on "appeals to popularity and authority" because you don't have any actual arguments. You don't have any arguments because you're WRONG and you know it, yet you continue to hype a shitcoin. So actually, its YOU who is the shill.

ETH2 is going to be POS which will lock in the original Eth 100% premine. POS rewards current stakeholders while POW incentivizes new ones because mining is not deterministic. You really need to do more research, everything you say is lies.
 Quoting: Anonymous Coward 79299268


you're a fucking retard.. have fun staying poor. dash is better than ETH, LOL... fucking christ. no wonder there are so many poors in this world. You are pants on head retarded.
 Quoting: Anonymous Coward 10285897




You are so retarded you don't even realize that masternodes were the scam from past bull run... LOL
walker8989

User ID: 30200695
United States
10/30/2021 09:07 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
XRP will destroy everything else once Flare starts. Thats why the government is suing them.

If you wait till the lawsuit is over it will be too late.
Anonymous Coward
User ID: 79299268
United States
10/30/2021 09:07 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
The fees haven't ruined anything.. I'm trading millions of dollars, i don't give a shit about $50 transaction fee.

You are also grossly misunderstanding and comparing apples to oranges. DASH doesn't even have smart contracts. Sending ETH transfers is as cheap as BTC.

Interaction with smart contracts takes computation power and costs more. But i'm not even going to go down that road with such a small brain as yours. You're literally shilling DASH. Jesus fucking christ.
 Quoting: Anonymous Coward 10285897


Have you forgotten already that blockchains were designed to decentralize finance for the little guy? I.e. people who don't have a million fucking dollars lying around to trade?

How is a system that only works for millionaires at all "scalable"? You sound stupider than you are, because you're a shill who can only use lies.

DASH doesn't have smart contracts because BLOCKCHAINS WEREN'T DESIGNED TO BE SMART CONTRACT PLATFORMS. DASH is working on something called "Data contracts" which is a bit different but much more useful. Basically, DASH will leverage the masternodes to cheaply and seamlessly store user data. The idea is that we don't need decentralized computers, we need decentralized data storage.

Everyone has a computer. But not everyone has access to cloud storage. Cloud storage is hard and if you could make it work you could have decentralized apps that function equivalently to smart contracts WITH NONE OF THE DRAWBACKS (since the data isn't stored on the block chain but on the masternodes, which are decentralized by default). Like I said, you REALLY need to do more research.
Anonymous Coward
User ID: 79299268
United States
10/30/2021 09:08 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
...





You are shilling fucking DASH.. You are not going to make it. You literally think DASH is better than ETH. I don't need to say anything else.

ETH is where the brain power is. ETH will win in the end. ETH2 will scale. You're an idiot to buy anything else.

Just listen to Cathy Wood if you don't believe some random AC asshole on GLP.
 Quoting: Anonymous Coward 10285897


I don't shill anything, shilling is an act that relies on tricking potential investors by pretending to give an unbiased review while actually being affiliated with what you're promoting. There's nothing wrong with openly promoting things you actually use and that actually work.

And anyway, DASH is better than ETH. There's no doubt about it. DASH has INSTANT transactions, Eth relies on 15 second block times (which is almost too long at the checkout counter). Also, DASH has FULLY PAID NODES called masternodes which are rewarded for supporting the network (that's why its able to have instant transactions and still be decentralized unlike BTC, BCH and yes, unlike ETH).

You rely on "appeals to popularity and authority" because you don't have any actual arguments. You don't have any arguments because you're WRONG and you know it, yet you continue to hype a shitcoin. So actually, its YOU who is the shill.

ETH2 is going to be POS which will lock in the original Eth 100% premine. POS rewards current stakeholders while POW incentivizes new ones because mining is not deterministic. You really need to do more research, everything you say is lies.
 Quoting: Anonymous Coward 79299268


you're a fucking retard.. have fun staying poor. dash is better than ETH, LOL... fucking christ. no wonder there are so many poors in this world. You are pants on head retarded.
 Quoting: Anonymous Coward 10285897




You are so retarded you don't even realize that masternodes were the scam from past bull run... LOL
 Quoting: Anonymous Coward 10285897


You are so retarded that you don't even realize that your drive-by hits are not arguments. You aren't even trying to reason or debate, you're just pushing your bags like a stupid f*gg*t
Anonymous Coward
User ID: 10285897
United States
10/30/2021 09:09 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
The fees haven't ruined anything.. I'm trading millions of dollars, i don't give a shit about $50 transaction fee.

You are also grossly misunderstanding and comparing apples to oranges. DASH doesn't even have smart contracts. Sending ETH transfers is as cheap as BTC.

Interaction with smart contracts takes computation power and costs more. But i'm not even going to go down that road with such a small brain as yours. You're literally shilling DASH. Jesus fucking christ.
 Quoting: Anonymous Coward 10285897


Have you forgotten already that blockchains were designed to decentralize finance for the little guy? I.e. people who don't have a million fucking dollars lying around to trade?

How is a system that only works for millionaires at all "scalable"? You sound stupider than you are, because you're a shill who can only use lies.

DASH doesn't have smart contracts because BLOCKCHAINS WEREN'T DESIGNED TO BE SMART CONTRACT PLATFORMS. DASH is working on something called "Data contracts" which is a bit different but much more useful. Basically, DASH will leverage the masternodes to cheaply and seamlessly store user data. The idea is that we don't need decentralized computers, we need decentralized data storage.

Everyone has a computer. But not everyone has access to cloud storage. Cloud storage is hard and if you could make it work you could have decentralized apps that function equivalently to smart contracts WITH NONE OF THE DRAWBACKS (since the data isn't stored on the block chain but on the masternodes, which are decentralized by default). Like I said, you REALLY need to do more research.
 Quoting: Anonymous Coward 79299268


I started with $8000 moron... I made it because i'm not a fucking idiot investing in DASH.
DiamondBlack

User ID: 74386550
Australia
10/30/2021 09:09 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
What's with that?

Ponzi scheme.
[link to www.facebook.com (secure)]

Enough bullshit, end the control system now.
Anonymous Coward
User ID: 79299268
United States
10/30/2021 09:10 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
...


If I'm wrong it should be easy to say why instead of just calling names right? Calling someone an idiot without explaining why is stupid behavior itself, so you're exposing yourself just by that.

ETH is not scalable because its not really scalable to run programs on blockchains. Blockchains were designed to be ledgers of account, not decentralized computing platforms. That's why ETH is in so much trouble and needs so many updates and "2 weeks" upgrades. Eth is trying to use blockchains for something they weren't designed for.

It costs money to run computer programs. It costs even more to run those programs across multiple computers simultaneously. But aside from that, even if that weren't the case, Eth still relies on volunteer nodes which makes fees rise when usage does. How is that scalable? It costs 40- 100 bucks just to transact with Eth or its tokens.

These fees have basically ruined the buy stablecoins during bull markets and sell for crypto currencies during bear markets trading strategy. That strategy relied on cheap fees to convert from DAI or USDC (both eth tokens) to other coins. But at $50-100 a pop that idea is ruined.
 Quoting: Anonymous Coward 79325434





You are shilling fucking DASH.. You are not going to make it. You literally think DASH is better than ETH. I don't need to say anything else.

ETH is where the brain power is. ETH will win in the end. ETH2 will scale. You're an idiot to buy anything else.

Just listen to Cathy Wood if you don't believe some random AC asshole on GLP.
 Quoting: Anonymous Coward 10285897


I don't shill anything, shilling is an act that relies on tricking potential investors by pretending to give an unbiased review while actually being affiliated with what you're promoting. There's nothing wrong with openly promoting things you actually use and that actually work.

And anyway, DASH is better than ETH. There's no doubt about it. DASH has INSTANT transactions, Eth relies on 15 second block times (which is almost too long at the checkout counter). Also, DASH has FULLY PAID NODES called masternodes which are rewarded for supporting the network (that's why its able to have instant transactions and still be decentralized unlike BTC, BCH and yes, unlike ETH).

You rely on "appeals to popularity and authority" because you don't have any actual arguments. You don't have any arguments because you're WRONG and you know it, yet you continue to hype a shitcoin. So actually, its YOU who is the shill.

ETH2 is going to be POS which will lock in the original Eth 100% premine. POS rewards current stakeholders while POW incentivizes new ones because mining is not deterministic. You really need to do more research, everything you say is lies.
 Quoting: Anonymous Coward 79299268


you're a fucking retard.. have fun staying poor. dash is better than ETH, LOL... fucking christ. no wonder there are so many poors in this world. You are pants on head retarded.
 Quoting: Anonymous Coward 10285897


See, this is what I mean, you're just a fucking idiot. Staying poor? Dash used to be .20 cents, its now $182, DUMBASS. And unlike ETH, DASH masternodes give people a reason to hold 1000 units of the coin. No other coin has that incentive. So most investors in coins like BTC, BCH, XMR and ETH only have between 10-50 coins, if that. But DASH has had paid masternodes since before $6, which means that if you had one you have AT LEAST $182,000 right now YOU FUCKING CLOWN. SHUT THE FUCK UP YOU STUPID IDIOT!!!
Anonymous Coward
User ID: 79299268
United States
10/30/2021 09:13 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
The fees haven't ruined anything.. I'm trading millions of dollars, i don't give a shit about $50 transaction fee.

You are also grossly misunderstanding and comparing apples to oranges. DASH doesn't even have smart contracts. Sending ETH transfers is as cheap as BTC.

Interaction with smart contracts takes computation power and costs more. But i'm not even going to go down that road with such a small brain as yours. You're literally shilling DASH. Jesus fucking christ.
 Quoting: Anonymous Coward 10285897


Have you forgotten already that blockchains were designed to decentralize finance for the little guy? I.e. people who don't have a million fucking dollars lying around to trade?

How is a system that only works for millionaires at all "scalable"? You sound stupider than you are, because you're a shill who can only use lies.

DASH doesn't have smart contracts because BLOCKCHAINS WEREN'T DESIGNED TO BE SMART CONTRACT PLATFORMS. DASH is working on something called "Data contracts" which is a bit different but much more useful. Basically, DASH will leverage the masternodes to cheaply and seamlessly store user data. The idea is that we don't need decentralized computers, we need decentralized data storage.

Everyone has a computer. But not everyone has access to cloud storage. Cloud storage is hard and if you could make it work you could have decentralized apps that function equivalently to smart contracts WITH NONE OF THE DRAWBACKS (since the data isn't stored on the block chain but on the masternodes, which are decentralized by default). Like I said, you REALLY need to do more research.
 Quoting: Anonymous Coward 79299268


I started with $8000 moron... I made it because i'm not a fucking idiot investing in DASH.
 Quoting: Anonymous Coward 10285897


If you put that $8000 into Dash when it was $6 in 2017 you'd have 242,666.67 dollars right now YOU FUCKING MORON! DASH is one of the biggest gainers ever! DASH was the FIRST coin after Bitcoin to reach $100, 200, 300, 400, 500, 600, 700, 800 and every hundred upto $1400! Before Dash no other coin besides BTC had broken the $100 barrier. Then DASH DID it for EVERY one up to $1400! YOU'RE A STUPID FUCKING IDIOT!!! fuckoff2 and stfu
Anonymous Coward
User ID: 79109128
United States
10/30/2021 09:50 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
bump
Anonymous Coward
User ID: 80446366
United States
10/30/2021 11:03 AM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
ETH 2.0 is supposed to greatly reduce the gas fees. Keep the shib on the exchange until then
Anonymous Coward
User ID: 75953087
United States
10/30/2021 04:45 PM
Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
XRP will destroy everything else once Flare starts. Thats why the government is suing them.

If you wait till the lawsuit is over it will be too late.
 Quoting: walker8989


The SEC sues every company that goes parabolic. Apple, Amazon, Ripple...



[link to youtu.be (secure)]
Princess Nutty Broad II

User ID: 73146099
Costa Rica
11/01/2021 05:00 PM

Report Abusive Post
Report Copyright Violation
Re: Eye opening fee for transferring SHIB
Eth is like a private paradise. Money in stays in. No ability to impulsively sell. I’d recommend it for newbies. No so easy to overthink your trades.





GLP