Ethereum is a bet that 1) Low fees will continue 2) 4x utility over BTC will continue 3) Team that built “impossible” Turing complete platform will continue 4) 1000s of dapps being written will cause increased demand 5) Gav Wood will stop making stupid smart contract mistakeshttps://twitter.com/mindsfiction/status/962068645844168704 …
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Guessing that ether wallets overestimate gas as well to prevent bad user experience. Know metamask does a bit.
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MEW sometimes under estimates as you can cancel. Leads to txs sometimes getting stuck but user pays lower fees overall. BTC calculators usually estimate higher than is needed. Ensures tx will go through. RBF should allow for lower estimates. (Crypto fee calculators suck)
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