$887.19 in GAS. Gas War! CargoX ICO

amreshchandra (65)in #dtube • 7 years ago (edited)

So i recently was whitelisted for the CargoX ICO and guess what i was late by 10mts and the ICO ended. Whats more interesting is that somebody paid $887.19 in gas just to have an edge among the other investors. Infact many people who participated with the recommended gas price were also not able to get their transaction in the block.

Im unsure how long and where this gas war is going to take us. Yeah, this gives the whales an edge but for the average Joe this is really a sad fact. Let's see how the upcoming ICO's deal with similar issues.

What are your thoughts peeps?

Bitcoin : 1EDEU9A9D1pJYGkM8JaEEUgdH7U8yUNeXp
ETH & ERC 20 tokens: 0x277be3fe5b9b6fed7eff380bff320f9c1caf69a2

▶️ DTube
▶️ IPFS

#cargox #ico #gaswar #token

7 years ago in #dtube by amreshchandra (65)

Sort:

nkkb (55) 7 years ago

#nkkb Its daylight robbery. Unrealistic transaction fee. I 'll avoid it. Buy after listing as most ICO price falls after listing.

$0.51

3 votes

[-]

amreshchandra (65) 7 years ago

True that mate, but that was the max someone paid, you could have got in at a much less price, just the guy probably was very rich lol. Yea, this could have been an incredible flip opportunity and yea definitely the price will fall 50% or more once they list on an exchange, consolidation and then moon again, i do believe in this venture though, it solves a real problem, not too certain about the team but i guess they have the first mover advantage

$0.17

1 vote

[-]