Saving ETH Gas Fees & TOP TIPS to Profit!! ⛽️💰

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  • Опубликовано: 11 сен 2024

Комментарии • 1 тыс.

  • @CoinBureau
    @CoinBureau  3 года назад +47

    ⚠️⚠️ Please watch out for scammers in comments with whatsapp numbers. Hope this vid helps you guys reduce gas fees. Don't forget to jump into my socials for the content that you are not getting here 👉 guy.coinbureau.com/socials/

    • @lakrinmex8076
      @lakrinmex8076 3 года назад

      @coin bureau :)

    • @biffjohnson7107
      @biffjohnson7107 3 года назад +2

      Not sure if it helps, Guy. But maybe urge your followers to report them as spam. Thanks for your insight, and great, clean videos!

    • @sknails2723
      @sknails2723 3 года назад

      hello, new subscriber here, can u do SPARTAN PROTOCOL analisys please, thank youu.

    • @upgrade1583
      @upgrade1583 3 года назад +2

      Amazes me how youtube could simply block users with the same username as the channel - but they choose not too.

    • @sknails2723
      @sknails2723 3 года назад

      hello, new subsriber here, can u do SPARTAN PROTOCOL analisys please, thank youu.

  • @Matthew_Murray
    @Matthew_Murray 2 года назад +48

    Could you imagine if a regular bank had fees that worked like ETH gas, you send someone a check for $20 and in order for them to cash it they have to pay $30. People would riot.

    • @jonanbahnsen3935
      @jonanbahnsen3935 2 года назад +3

      Well try and send money to china or zimbabwe and see the cost :)

    • @Grammar-Riddles
      @Grammar-Riddles 2 года назад +1

      Time to ditch ethereum

    • @DavidRobertLewis
      @DavidRobertLewis Год назад

      People living in developing nations need a better solution. Down here it's the equivalent of asking for £20 to get £1 of value.

  • @Brickinasock
    @Brickinasock 3 года назад +42

    Vitalik was high when he thought people would memorise Wei, Kwei, Mwei etc., ain't nobody got time fo' dat.

    • @4GENS
      @4GENS 3 года назад +4

      I hope you're kidding.. Those are basic unit prefixes with "ei" on the end

    • @younglord7805
      @younglord7805 2 года назад

      @@4GENS well average populace is not as informed as you think

    • @FirstLast-gk6lg
      @FirstLast-gk6lg 2 года назад

      @@4GENS lol yeah I have never even heard of them before, but tbf I am still a novice of crypto

  • @knottage
    @knottage 3 года назад +85

    Every day I learn just how much I don't know about cryptos

    • @ckahlquist2129
      @ckahlquist2129 2 года назад

      Curiouser and curiouser.

    • @Elena-ne1ko
      @Elena-ne1ko 2 года назад

      @Joe Noah Amazing i also just started trading with Mr Franklin C. Davis With an initial investment of $2,400 i made up to $6,700 in just a week of trading with him..his strategies are mind blowing

    • @lucasjoseantonio8610
      @lucasjoseantonio8610 2 года назад

      8btc and still counting in just 2 months, Expert Franklin Davis is the trade king as far I'm concerned. This man has really changed the life of many people from different countries and I'm a living testimony of that

    • @lucasjoseantonio8610
      @lucasjoseantonio8610 2 года назад

      You can easily reach Mr Franklin over Whatsa'pp 👇

    • @lucasjoseantonio8610
      @lucasjoseantonio8610 2 года назад

      ?⍏𝟏𝟔𝟓𝟕𝟐𝟎𝟒𝟒𝟕𝟑𝟕《

  • @noticemesenpai69
    @noticemesenpai69 3 года назад +101

    This is why I’m going to be so happy when Cardano takes over

    • @paulcarroll7210
      @paulcarroll7210 3 года назад +4

      The crypto space should not be dominated by one project
      Interoperability is the key to a healthy block chain ecosystem
      Polygon is now working on making eth interoperable
      Cardano needs to look at this also

    • @M5g_
      @M5g_ 3 года назад

      @Coin Bureau SCAMMMERRRRRRRRRRRRR

    • @M5g_
      @M5g_ 3 года назад

      @Coin Bureau SCAMMMERRRRRRRRRRRRR

    • @mrnoisy4883
      @mrnoisy4883 3 года назад +1

      Already an option. Theta.

    • @darkpotato
      @darkpotato 3 года назад +2

      @@paulcarroll7210 cardano also interoperable. OP just shillin', but eth and cardano can coexist and compete with each other.

  • @TheUrbanSpartacuz
    @TheUrbanSpartacuz 3 года назад +74

    Instructions unclear, tried to open a gas station on the blockchain. Am now selling packs of smokes to virtual truckers.

    • @jesterthelegend926
      @jesterthelegend926 3 года назад +4

      e-cigs.

    • @byronnavarro5310
      @byronnavarro5310 3 года назад +1

      I am trying to swap band to uniswap 96 coins I have 185 dollars worth of ether and still said I have not enough gas’s .on Enjin wallet

  • @floridahummer
    @floridahummer 3 года назад +32

    at the moment its just like dealing with banks and getting ripped off.

    • @manavgala2361
      @manavgala2361 3 года назад +2

      Yep, no idea why small investors are still on ethereum. I just found out about DEFIs and directly entered BSC where gas fees is near nothing.

  • @avidavidovits1
    @avidavidovits1 3 года назад +16

    Guy, I have to say you are always on-spot with your videos and the way you prepare and communicate the information. Thank you for your hard work!

  • @oo00oo9
    @oo00oo9 3 года назад +82

    I like the "almost unusable". Personally i just stopped interacting with eth. And if they don't solve the issue in the near future or the market crashes and the issue solves itself. Eth is going to suffer. Resistance at 1.8k/2k is mostly caused by the gas fee challenge in my opinion.

    • @marcusroark9197
      @marcusroark9197 3 года назад +8

      Agree totally!

    • @mubarishussain3696
      @mubarishussain3696 3 года назад +2

      Does ETH 2 . Going to solve this? Why is ETH pumping towards 2k.

    • @7dim
      @7dim 3 года назад +3

      Agreed, I honestly have no idea how ETH is managing to reach all time highs at its current state.

    • @preciousmettlex
      @preciousmettlex 3 года назад +1

      My sentiments exactly!

    • @burrellsusuki
      @burrellsusuki 3 года назад

      THE FLARE NETWORK WILL RENDER THIS BS AZZ PLATFORM OBSOLETE SOON MY GLOBAL COMRADES...

  • @ryanmelvey8764
    @ryanmelvey8764 3 года назад +13

    best way to avoid ETH gas fees is to use other blockchains. ETH won't have a monopoly on DeFi for long...

    • @HunterByeden
      @HunterByeden 3 года назад

      Lol... as soon as an announcement is made on eth 2.0 price will pump so hard. Don’t miss out. We got layer 2, 2.0, staking and institution buying. I’m not an eth maximalist, I got money in dot and ada, but I’m just saying, eth is gonna pump

    • @kikin310
      @kikin310 3 года назад +1

      @@HunterByeden i am still waiting on that update for years

  • @versatile5352
    @versatile5352 3 года назад +90

    Moral of the story.
    The ETH user experience at the present time is indeed very bad.

    • @oo00oo9
      @oo00oo9 3 года назад +2

      Imagine having a 10x users. Eth would be unusable at 2x.

    • @Papikristo
      @Papikristo 3 года назад +17

      Cardano to the rescue

    • @alexlee8639
      @alexlee8639 3 года назад

      @@Papikristo really?

    • @Papikristo
      @Papikristo 3 года назад +1

      @@alexlee8639 yes if the fees are too high and there is a hitch with eth 2.0, cardano will benefit from that, methinks

    • @stfNmfN
      @stfNmfN 3 года назад +5

      @@Papikristo This ghost chain is no solution. The solution is BNB or DOT...

  • @zistil
    @zistil 3 года назад +47

    Guy, The extra work it must take to have a different 'not a financial advisor' bit must be annoying, but as a viewer its much appreciated and noticed! Keeps thing fun. :)

  • @Guyfromtha619
    @Guyfromtha619 3 года назад +24

    6:00 pm - 10:00 pm pst are usually good times to get lower gas fees. 👍

  • @jonsantos6056
    @jonsantos6056 3 года назад +12

    2:26 Start. Thanks. 4:44 How to save on ETH gas fees. 6:45 reversing sent ETH'ERC Tokens using ethscan etc.

  • @MrLolpooo
    @MrLolpooo 3 года назад +2

    Guys just move to Binance chain!! You have to be idiots for use ETH and pay 50 to 100 dollar for a transaction. I moved 2 weeks ago and huge gains there. Eth is dead till 2.0 is out.

  • @KevinPauli
    @KevinPauli 3 года назад +1

    This is one of the absolute best channels for real crypto info. Thank you for your service Guy!

  • @enmodo
    @enmodo 3 года назад +3

    Folks be aware that there are some transactions that have time limits or evaluate other conditions that mean if it takes too long before being executed it will fail - taking a bunch of gas with it. An example of this is swap based DEXes where they typically have a "slippage tolerance" and deadline. If the price moves more than that amount before you Tx starts, or it takes longer than the deadline to start it will fail. Uniswap defaults to 0.5% slippage tolerance and 20 minutes deadline.
    And yes as Guy mentioned completely low-balling the gas hoping it will execute overnight can leave you with a stuck transaction and unable to start any other transactions requiring you to unstick it with more gas or cancellation - both of which will cost you.
    PS. The other way to avoid gas fees - just don't use Ethereum based protocols. Last month I added liquidity and staked for Mirror protocol on Ethereum - it cost me $60 in gas to set everything up. When I did the same thing with Mirror on their native Terra blockchain (that is based on Cosmos) it cost me just $0.002 in tx fees plus a $1.2 swap fee.

  • @CarloPizzutiChannel
    @CarloPizzutiChannel 3 года назад +12

    Been on RUclips for almost 15 years, you are one of the few channels where, after watching only one video, I actually hit like and subscribed.

  • @upgrade1583
    @upgrade1583 3 года назад +30

    just paid $100 to claim some synthetix... almost not worth it to use anymore

    • @_Brillo
      @_Brillo 3 года назад

      Migrate to Layer 2! I did so last night and I’m able to pay 0 fees to stake and receive rewards. They have a section on it in synthetix.io. You will have to pay gas to get it into L2 but once it’s there, you pay 0 fees!

    • @cajunchampagne2469
      @cajunchampagne2469 3 года назад +3

      I put money on the y pool on curve, I never claimed my curve due to the 85 dollar pay wall. Lol

    • @upgrade1583
      @upgrade1583 3 года назад

      @@_Brillo thanks i need to look into this

    • @MrLolpooo
      @MrLolpooo 3 года назад +3

      Move to Binance chain. Much better everyone move over there

    • @kerritv1626
      @kerritv1626 3 года назад

      Same

  • @Philogy
    @Philogy 3 года назад +1

    7:13 no it's not bad, as you mention later you can replace stuck transactions with empty cancel transactions *but* if you want to save even more gas you can avoid having to do a cancel tx all together. If you use a wallet like metamask you can go into the settings and enable the ability to customize the tx nonce, then when you create a new tx manually, enter the nonce of your stuck tx and your stuck tx will be replaced without wasting any gas on a cancel tx.

  • @FlorinGN
    @FlorinGN 3 года назад +6

    I am binge watching your channel, then I'll restart binge watching technical analysis again with a pen and paper.
    And then I'll go at it again, just to make sure I've hit "like" on all of them videos :D:D

    • @ksandbergen
      @ksandbergen 3 года назад +1

      taking notes while I binge-watch; a week and a day so far.

  • @xaeon_thesandbox
    @xaeon_thesandbox 3 года назад +1

    I'm new to crypto not even a year long,, but I learn A lot from you Guy! thank you

  • @Mjiujtsu
    @Mjiujtsu 3 года назад +11

    The thing that makes me most bearish about ETH is that the cost of using the system is directly proportional to the value of the asset and gas fees grow with the network's popularity.
    L2 and ETH2 can't come soon enough

    • @areez22
      @areez22 2 года назад

      PulseChain promises to solve all this.

  • @sheilaforde836
    @sheilaforde836 3 года назад +4

    Thank you, Guy. Very informative. I've been buying most of my coins on Binance exchange. I'm told to keep my coins in a wallet and not on the exchange. When I want to transfer to a wallet, I find that the cost is prohibitive so I've left them on the exchange. I'm now going to spend time watching and learning from the videos you've recommended in this video. Hopefully, I'll learn of an alternative place to buy coins other than at Binance. I do have a few wallets on my phone where I can buy coins from, but often they do not accept a direct deposit of fiat, hence I did it on Binance. It's truly a mind-boggling space is crypto! So much to learn. Thank you for all the information you give so freely. I really need more than 24 hours in a day to watch them all.

  • @assholepencil3329
    @assholepencil3329 3 года назад +40

    How to save eth gas fees :
    - Step 1 : Move to ADA or DOT.
    You welcome

    • @manonYm1
      @manonYm1 3 года назад +1

      buy UNDG token, receive Cashback on gas.. or inhale some Hopium on tech that doesnt exist yet.

  • @RH1TE_
    @RH1TE_ 3 года назад +17

    I tend to keep my smart contract tokens on Celsius to stake. Best part of Celsius Is that there’s NO fees when you send it back to an exchange. Yes it’s a centralised exchange but spending over £70 on AAVE gas fees is ridiculous

    • @M5g_
      @M5g_ 3 года назад

      @Coin Bureau SCAMMMERRRRRRRRRRRRR

    • @Cynical1800
      @Cynical1800 3 года назад

      That won’t last. I think Coinbase pro announced they won’t be covering gas fees much longer. Others will have to limit withdrawals per month or not cover them at all.

  • @yasinmusa6580
    @yasinmusa6580 3 года назад +12

    Tried to use uniswap, gas fees were up to 130$ absolutely mad. This video will definitely help thank you.

    • @prashant0raj0anand
      @prashant0raj0anand 3 года назад +2

      OR just move to Wanswap (governance token of Wanchain). Almost NIL gas fee and still undiscovered. With the introduction of WanXRP (farming for XRP holders) this month, it is going to explode.

    • @yasinmusa6580
      @yasinmusa6580 3 года назад

      @@prashant0raj0anand thanks for the heads up will have a look in to it.

    • @MrRotbloomberg
      @MrRotbloomberg 3 года назад

      25 USD today all day

    • @gregsimmons7673
      @gregsimmons7673 3 года назад

      If its only available on uni I don't buy it !

    • @yasinmusa6580
      @yasinmusa6580 3 года назад

      @@MrRotbloomberg not really tried exchanging ether for ASKO, was 130$ previously now it’s still at 60$.

  • @paulalaconde5830
    @paulalaconde5830 3 года назад +15

    no kidding, they're asking for $173 to transfer $200
    this has to stop

    • @bratz5343
      @bratz5343 3 года назад

      Dam rediculous!!

    • @bmel7718
      @bmel7718 3 года назад

      they asked 219.00 to claim 48.43 in staked Aave. On the Aave protocol. This is extortion.

  • @gregsimmons7673
    @gregsimmons7673 3 года назад +9

    Wow so glad crypto has made transactions so simple and cheap.
    Interesting they call banks the archaic rip off.

    • @HellGod67
      @HellGod67 3 года назад +5

      sarcasm over 9000

    • @ranybal5105
      @ranybal5105 3 года назад +2

      well there are cryptos out there with zero fees such as nano, eos and more. literally cost nothing to transfer.

  • @SrCoxas
    @SrCoxas 3 года назад +22

    I live in a country with weak currency and I'm out of any ERC-20 tokens because I'm unable to pay 20-30 dollars in fees. It's like I have to pay an extra electricity bill every time I make a transaction. It's impossible.

    • @ChrisGilliamOffGrid
      @ChrisGilliamOffGrid 3 года назад +5

      Plenty of money to be made outside of ETH

    • @bmel7718
      @bmel7718 3 года назад +1

      @@ChrisGilliamOffGrid If you can't move the eth you cant make any money. We are being pinched.

    • @ChrisGilliamOffGrid
      @ChrisGilliamOffGrid 3 года назад

      @@bmel7718 That's why I said plenty of money outside of ETH. Don't have to use it. Lot's of good Cryptos on the market. That said, one of my long term holds is PAXG, and it runs on ETH. Fortunately I don't have to move it.

    • @Richard-pv1vc
      @Richard-pv1vc 3 года назад

      Binance Smart Chain, Bonfida on Sol, PoloniDex on Tron all very low fees

    • @Cynical1800
      @Cynical1800 3 года назад

      @@ChrisGilliamOffGrid why hold PAXG? Just get the GlintPay card and you can be done with ERC20. And your basically buying gold at spot price.

  • @bacchusbx
    @bacchusbx 3 года назад +4

    Personally i use ENOL (Ethanol), UNDG (UnidexGas) and bought a few GSFY (Gasify) to earn cashback on the transaction fees and when you use Defi or make a lot of trades on Uniswap and such, it is more than welcome to receive back from all the ETH you spend.

  • @Patrick-ud3vu
    @Patrick-ud3vu 3 года назад +4

    Guy is the type of teacher we all wish we could of had!

  • @ClownXmachina
    @ClownXmachina 3 года назад +41

    If ETH2 fails, It's kind of over for eth. All will migrate to ADA/DOT

  • @koac3978
    @koac3978 3 года назад +6

    Great video Guy! I haven't seen an explanation like this anywhere else on youtube.

    • @user-cs8un7ey3g
      @user-cs8un7ey3g 3 года назад

      Do well to correspond
      1..(.5..1..7.).5...6...9...7...8...5...1
      W. H. A. T. A. P. P

  • @wallspc
    @wallspc 3 года назад +6

    I was quoted a $265 gas fee this morning, I didn't do the transfer. Was just trying to do a swap with metamask, ended up doing the same swap on zero exchange for a $31 gas fee, even that tho seems way to high for me. This is out of control.

  • @EosLiminal
    @EosLiminal 3 года назад

    UniDexGas is a protocol that gives daily capped refunds for gas in proportion to how much of their token UDNG you hold. Their token is $1000 at the moment, but worth looking into, especially if you average a single trade a day.

  • @greentrades6120
    @greentrades6120 3 года назад +22

    Theta Network is a cheaper alternative.
    Partners include Sony/ Google/ Samsung

    • @musicfanatic2009
      @musicfanatic2009 3 года назад

      Sony?

    • @marcusroark9197
      @marcusroark9197 3 года назад +1

      That swap dex they released is exciting! Talk about low fees!

    • @ticker3132
      @ticker3132 3 года назад

      is there any exchange that offers Theta for USA residents? I can't find it anywhere.

    • @marcusroark9197
      @marcusroark9197 3 года назад

      @@ticker3132 besides using simpleswap? Kucoin maybe?

    • @spaceoddity2485
      @spaceoddity2485 3 года назад

      @Coin Bureau fake

  • @Peter-yc2uh
    @Peter-yc2uh 3 года назад +44

    this insanity has prevented me from making a number of swaps this week... 😣😩

    • @zeon477
      @zeon477 3 года назад +8

      Lost out on so much due to these ridiculous fees, just watched coins go parabolic and I can’t get involved 😩

    • @laurencemacdonald665
      @laurencemacdonald665 3 года назад +2

      eth is currently near useless - wildy expensive and far too complicated for mass adoption. cancelling one's own transactions by changing nonce number on etherscan, hahahah

    • @Lesnerr
      @Lesnerr 3 года назад +1

      Facts rn it’s charging me $400 just to invest $50, that doesn’t make sense lol

    • @mrblexit7152
      @mrblexit7152 3 года назад

      @@Lesnerr same. Been getting anywhere between 400-500 just to swap over half a bill. This is down right ridiculous

  • @MrRotbloomberg
    @MrRotbloomberg 3 года назад +5

    Eip1559 is implemented already since December and currently tested. Deployment is after berlin fork.

  • @df71091
    @df71091 3 года назад +1

    that stuff is so out of this world for me

  • @HellGod67
    @HellGod67 3 года назад +9

    Just tried buying a measly 500 euro ethirium and it cost me 88 euros...

  • @HomerSparkle
    @HomerSparkle 3 года назад

    There's actually a way to not only pay zero gas fees, but actually make a profit on fees (without mining), using both Unidex UNDG and Ethanol ENOL gas cashback (gasback?) tokens.
    Denome made a video on this showing that if you use both of these tokens at the same time, you actually make back 170% of your gas.

  • @yaf5942
    @yaf5942 3 года назад +20

    Thanks! Also using WETH instead of ETH helps reducing the cost a bit :)

  • @chronic140
    @chronic140 3 года назад

    I had 200 KNC staked which is now ridiculous when it costs 10 times the ETH to vote on blockchain governance than the reward you receive for it. I wasn't in a rush so I went for the relatively reasonable $36 slow gas fee. 11 hours later the transaction has completed! 😄

  • @giuseppepollani4874
    @giuseppepollani4874 3 года назад +10

    Yes insane Gasfee on Uniswap....

  • @alexmanuskin1276
    @alexmanuskin1276 3 года назад

    Great tips, but there are a few points that might be misleading.
    Gas limit is the amount of computation the Tx needs, and it is measured in, well, gas! (not Gwei).
    Block GasLimit is indeed set by miners, but this limits the amount of computation in the entire block (and doesn't relate directly to gwei)
    Metamask let's you set both gas price and gas limit. If you set the gas limit too low, the tx will rourun out of gas and fail

  • @rickyricardo4552
    @rickyricardo4552 3 года назад +23

    Move to dot while is low 🚀. Took some of my eth to buy dot

    • @bns434
      @bns434 3 года назад +1

      truee .. i think it could double this year

    • @finlanderxx
      @finlanderxx 3 года назад +3

      I went to binance smart chain to yield farm dot.

    • @MochaZilla
      @MochaZilla 3 года назад +5

      @@bns434 double? Its already 5-6x since jan!

    • @bns434
      @bns434 3 года назад

      @@MochaZilla so you think it’s gonna do a 3-5x this year ?

  • @Redplanetlover
    @Redplanetlover 2 года назад +1

    This just makes me want to bite the bullet, take the loss and get rid of every ETH based coin I have. Put it all into ADA. Yesterday my son sent me $3000 worth of ADA for $0.84 CAD.

  • @charlienoriega
    @charlienoriega 3 года назад +9

    Thank you for addressing the #ElephantInTheRoom!!! This is is huge. So much so that many traders have put Eth on hold, and use other networks and protocols, like Stellar, Tron, Binance pegged coins, etc. Unless addressed, Eth will no longer be usable. Gracias, hermano!

    • @M5g_
      @M5g_ 3 года назад

      @Coin Bureau SCAMMMERRRRRRRRRRRRR

    • @Cynical1800
      @Cynical1800 3 года назад

      Stellar is incredible.

  • @colinarmstrong478
    @colinarmstrong478 3 года назад

    Guy has been downright Suessian lately. I like it.

  • @yahrinedits
    @yahrinedits 3 года назад +5

    Instructions unclear, I recieved financial advice

  • @onlyeatapples3166
    @onlyeatapples3166 2 года назад

    honestly your the best just learned about gas fees the hardway

  • @sameteryaman5275
    @sameteryaman5275 3 года назад +3

    I give it 6 month untill a big peace of all eth network users are gone. Networks with low fees are already booming and they will continue to do so. BSC to the moon:)
    Great Video. Keep up the great work
    Peace out

  • @alantew4355
    @alantew4355 3 года назад +1

    subscribed to your newsletter, but I still can't see your crypto portfolio. where can we see your portfolio?

  • @beardedheretic
    @beardedheretic 3 года назад +8

    Zero Exchange. Cross-chain, runs on AVAX

    • @manonYm1
      @manonYm1 3 года назад +2

      checking out right now, didnt know about.

    • @HardcoreGamerish
      @HardcoreGamerish 3 года назад +1

      holy shit how are people still using ETH while somethin like this exists

    • @beardedheretic
      @beardedheretic 3 года назад

      @@HardcoreGamerish lack of research, I presume. Unless they're exposed to it, they won't find it. It's a gem that needs to be shared far and wide.

  • @biplabroy8991
    @biplabroy8991 3 года назад +1

    Thanks Guy for the video. Been looking for this for a long long time. A video with detailed demonstration (if possible) of cross chain transactions between wrapped assets, defi protocols, staking etc. would be of great help for the users to learn the practical usecases of crypto. currently there are no such good tutorials available in the tube.

  • @achavez1799
    @achavez1799 3 года назад +7

    Binance Smart Chain is growing fast, very cheap

    • @user-cs8un7ey3g
      @user-cs8un7ey3g 3 года назад

      Do well to correspond
      1..(.5..1..7.).5...6...9...7...8...5...1
      W. H. A. T. A. P. P

    • @HipHopBeatSource
      @HipHopBeatSource 3 года назад

      This guy gets it!

  • @modernhousewright5335
    @modernhousewright5335 3 года назад +2

    You have officially been awarded:
    Best Prepared Crypto content provider on RUclips.
    (By me)
    And you have set the bar for delivery of said content.
    Loving watching your subs moon, boss.

  • @Killa91000
    @Killa91000 3 года назад +10

    Wow you made this video right after I was pissed about how expensive gas fees were charging me! 😂 Nice vid.

    • @user-cs8un7ey3g
      @user-cs8un7ey3g 3 года назад

      Do well to correspond
      1..(.5..1..7.).5...6...9...7...8...5...1
      W. H. A. T. A. P. P

    • @manonYm1
      @manonYm1 3 года назад

      late to the party? We had same prices in June 2020 already.

    • @Killa91000
      @Killa91000 3 года назад

      @@manonYm1 no, but that don't make them good...

  • @donjalex2262
    @donjalex2262 3 года назад +1

    Thanks Guy! We are learning and saving a lot from you. My boys and are in our first year of cyrpto and taken it smart/safe with your advice. Thank you!

  • @baldrickt.adder-slayer287
    @baldrickt.adder-slayer287 3 года назад +3

    $219 fees on Coinbase for $62 ETH

    • @eastmanresearch3143
      @eastmanresearch3143 3 года назад

      omg that is total crap. The solution is to move over to binance or just stop using eth tokens.

    • @mxc2272
      @mxc2272 3 года назад

      hodl

  • @bijanatri2204
    @bijanatri2204 3 года назад

    Awesome . Did not know how to reverse failed transaction . I will try it .

  • @MoralesAlex805
    @MoralesAlex805 3 года назад +4

    This will destroy eth...

  • @maxtax8223
    @maxtax8223 3 года назад +2

    this vid syncs well with my current attempt ( try to ) understand how VTho ( gas ? ) works in conjunction with Vechain ( VET blockchain technology ) .... you take it to the next level.... thx guy

  • @JR-cx7gf
    @JR-cx7gf 3 года назад +3

    Good timely content!

  • @Hefalump300
    @Hefalump300 3 года назад +2

    Thanks Guy. I'd be really interested to hear your views on the energy consumption criticism of crypto. I don't think I know anyone who would be able to deconstruct the crypto carbon fud better than you

  • @hoochill
    @hoochill 3 года назад +18

    i have already spend 1.3 eth on fees. RIP

  • @nachoci6876
    @nachoci6876 3 года назад

    Seriously your videos are teaching a lot about the crypto world in general... very need to have a look at all your staff.

  • @Mrfuzzybeans
    @Mrfuzzybeans 3 года назад +5

    Or just switch ALGO. Fee is .001 and transactions are exponentially faster.

    • @flashoflight8160
      @flashoflight8160 3 года назад

      Algo sucks as a coin with very poor tokenomics

  • @jwd1776
    @jwd1776 3 года назад +1

    Got to get those gas fees down so we can swap it like it's hot.

  • @williamwilson6499
    @williamwilson6499 3 года назад +8

    I leave my ETH on BlockFi. Doesn’t cost me a dime of gas and the interest keeps rolling in.

    • @busimo
      @busimo 3 года назад

      how?

  • @blakejohnson8415
    @blakejohnson8415 3 года назад

    You sir,, are both a Gentleman AND a scholar. Top shelf content (and accent).

  • @shagz007
    @shagz007 3 года назад +3

    Thank you Guy, ETH gas fee is high on Binance and I have neither seen a change in fee between times nor an option to choose how fast to execute the transaction. Does this only apply on Metamask ?

  • @sridharg2797
    @sridharg2797 3 года назад +2

    Before i view the video I am liking it 🤞🙂 Thanks Mr Guy!

  • @robinkalk9463
    @robinkalk9463 3 года назад +4

    ORN - GOVI - BOTS - COTI - DOT - ETH - ADA - EGLD. All winners my friends. I will be able to retire at the age of 29 at the end of this bull run🚀🚀🚀

    • @m.muller4025
      @m.muller4025 3 года назад

      and how to you time the end of the "bull run"
      is the crucial question. im not buying it, i dont think we will go up constantly until end of the year, thats crazy talk to me. take profits the next few weeks and wait a little for a potential global market crash. the corona crisis has not even showed the full damage yet. it will hit haaaard. my guess is between march and april, we will dump super hard.

    • @robinkalk9463
      @robinkalk9463 3 года назад

      @@m.muller4025 not selling a dime before September my friend and I will buy until July. November we will peak, end of December will drop a bunch. On your spot on about one thing: the bull won’t last forever👌🏻

    • @robinkalk9463
      @robinkalk9463 3 года назад

      Not financial advise though haha

  • @Chaves_Novo_Quiz
    @Chaves_Novo_Quiz 3 года назад

    I already moved to bsc , buying only coins that support that , trading fee there is almost free compared to ethereum mainet.

  • @ifyouvote.5005
    @ifyouvote.5005 3 года назад +5

    Not usable I stopped using.
    400$ last week just to buy 10 coins.
    Rollon Harmony One.
    It's just cents.

    • @oo00oo9
      @oo00oo9 3 года назад +2

      Same man. Same not worth it anymore.

  • @rame-sprayer
    @rame-sprayer 3 года назад +2

    Imagine just a transaction to get out your coin for wallet cost 500$ or 1 eth.. Will become impossible to get your coin even this coin value are way more than the gaz fees... For a "decentralized" systems this is becoming absolutly inacceptables... Eth will be for only wales and thats sucks. They will loose on the long run..

  • @ZaryPhotography
    @ZaryPhotography 3 года назад +5

    This where Cardano comes in

  • @lucakyoung
    @lucakyoung 3 года назад

    not sure if this matters but my tip would be to transfer to exchange that has your appropriate crypto pairing and sell there instead of on a dex to save on high gas fees.

  • @donragnar8430
    @donragnar8430 3 года назад +3

    ETH will be a victim of its own success

    • @bradbarton5812
      @bradbarton5812 3 года назад +1

      Lol I've been thinking about that myself lol my eth is stuck in my coinbase to wallet until they go to eth2.0 not worth doing anything with it.

    • @donragnar8430
      @donragnar8430 3 года назад

      @@bradbarton5812 exactly - we have to risk leaving ETH and ERC20 tokens on exchanges so we are not murdered by GAS fees by moving between wallets around sell time.

  • @godsfrequency8171
    @godsfrequency8171 2 года назад +1

    as long as gas fees are so high the network is worthles

  • @banana_alice3
    @banana_alice3 3 года назад +5

    Holding UNDG token pays you your gas fees back

  • @skatcat743
    @skatcat743 3 года назад +1

    Mate don't dog the miners. Most of ether isn't being mined in massive farms like in bitcoin. It's still quite reasonable for end users to mine it on their sick gaming rig over night etc. I will do more research to see if they are whining about such a small change for them or if it's fat cats who need to be on a diet. Seems like it could eat upwards of 20,30,40% of their profits. That's very drastic. IMO eip 1559 needs to be done after POS not before. Those miners only have so much more time to get it done.

  • @zak7501
    @zak7501 3 года назад +13

    STEP 1 : stop buying anything eth related. Move to cardano and polkadot!!

    • @aminulhossain4992
      @aminulhossain4992 3 года назад +1

      Cardano not have Smartcontract...

    • @fjfj544
      @fjfj544 3 года назад

      @@aminulhossain4992 coming soon, few weeks as they promise

    • @zak7501
      @zak7501 3 года назад

      @@aminulhossain4992 give it a few weeks. Goguen smart contract update coming soon

    • @ChrisGilliamOffGrid
      @ChrisGilliamOffGrid 3 года назад +1

      I would, but my favorite long term hold is on ETH. Ever heard of PAXG?

    • @rickyricardo4552
      @rickyricardo4552 3 года назад +3

      Dot will skyrocket after this. Everyone is talking about it in different medias i follow. Sold some eth to buy dot while it's low!!

  • @dayz-pm7kz
    @dayz-pm7kz 3 года назад +2

    i tried to buy 1 energy web token , fee wanted 200$ + great vids though

  • @REET911
    @REET911 3 года назад +4

    Can someone explain this part 16:45
    For example if you hold some ada or dodo tokens in metamask wallet where should you move them in advace for easy selling and avoid 1000$ gas fees at that time.

  • @familymanof6169
    @familymanof6169 2 года назад

    I paid 100.00 in gas fees and didn't get shit! The transaction didn't go through but the miners still got paid. Screw UNISWAP!!!

  • @Elias-zc1el
    @Elias-zc1el 3 года назад +11

    REEF Finance 🚀🚀🚀🚀🚀

  • @capitolia
    @capitolia 3 года назад

    Thanks for all this info. You've got great content. I specially like that fact that you don't go directly to the subject without offering some context to it. Keep up the good work!

  • @jacobpidcock8906
    @jacobpidcock8906 3 года назад +4

    This will be ETH downfall. Ada

    • @user-cs8un7ey3g
      @user-cs8un7ey3g 3 года назад

      Do well to correspond
      1..(.5..1..7.).5...6...9...7...8...5...1
      W. H. A. T. A. P. P

  • @johnshort5107
    @johnshort5107 3 года назад +1

    This guy is good

  • @ondrejpalata8979
    @ondrejpalata8979 3 года назад +6

    The thing that saved me a lot of money in gas fees was moving all my funds from ETH to BSC 😀 Pancakeswap is way better than anything on Ethereum

    • @noticemesenpai69
      @noticemesenpai69 3 года назад

      They just need to add more shitcoins to Pancakeswap

    • @ondrejpalata8979
      @ondrejpalata8979 3 года назад

      🤷‍♂️

    • @HipHopBeatSource
      @HipHopBeatSource 3 года назад

      @@noticemesenpai69 in progress

    • @myname9389
      @myname9389 3 года назад +1

      Pancakeswap is pretty neat so far :D But you should hold ETH aswell I thnk

    • @ondrejpalata8979
      @ondrejpalata8979 3 года назад

      @@myname9389 I hold ETH and ETH tokens, I just don't have them on Uniswap anymore

  • @samc-s8013
    @samc-s8013 3 года назад

    Honestly, Cheers for your contribution to the Crypto Community and to my personal understanding of this new asset Class! Invaluable!

  • @pastuh
    @pastuh 3 года назад +5

    lets talk about blizzard stocks :) 3 diablo games incoming. Expecting something epic

    • @oregonlee
      @oregonlee 3 года назад +1

      more shit games more shit gains

    • @gnarxy
      @gnarxy 3 года назад +3

      They should tokenize their in game currency and bring back the Auction House

    • @BeardChest
      @BeardChest 3 года назад

      Get blizzard
      Go broke

    • @m.muller4025
      @m.muller4025 3 года назад

      you mean like their mobile phone diablo game that dumped hard?

    • @pastuh
      @pastuh 3 года назад

      Mobile games is very popular, they just got unlucky with announcement :X Anyway.. we all know.. from 3 games 1 will be good for sure.

  • @Bonkers4Hex
    @Bonkers4Hex 3 года назад

    Just been browsing through your amazing website Guy and I think its fair to say you work your knackers off! Glad we have you for this vital information. Please keep up the fantastic work for all our sakes! If sorry WHEN I pull it off after this bull market i'll be sure to buy you a pint or two, Thank you again.

  • @karlavogel9049
    @karlavogel9049 3 года назад +17

    This here is me expressing my profound gratitude to whoever invented the bitcoinsamurai platform. Thrice I have invested and thrice I have earned. These guys are the best!

  • @lakshmimaha7153
    @lakshmimaha7153 3 года назад

    Cant agree more, ETH gas fees is insane. Fees of 125$ for 25$ transfer, ETH will fail to 00 without fees control in version 2.0

  • @legatrix
    @legatrix 3 года назад +3

    SHAFTED, I tell you!

    • @KimRope
      @KimRope 3 года назад

      😂😂😂😂

  • @dh9971
    @dh9971 3 года назад +1

    Thank you Guy. I never realised the intricacies of eth gas. !