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What is it you are trying to do? Send the tokens back to Binance from TrustWallet?
If you enter your ETH address into https://etherscan.io, it may show your previous transfer attempts which are marked as 'pending'. If so, any subsequent transfers will not go through until the pending transactions are resolved because they are placed in a queue.
It's possible to cancel or replace pending transactions but it might be easier if you read this guide on how to do it: https://info.etherscan.com/how-to-cancel-ethereum-pending-transactions/
Not sure why you're getting such a high quote for sending a token. Have you looked into using other wallets? You can import your seed phrase into them easily. With Metamask wallet I'm quoted a price of $61 to send an ERC 20 token at average speed. https://metamask.io
Congrats on jumping down the rabbit hole and exploring the world of crypto by the way. It's difficult for everyone when they first arrive, but it gets easier over time and definitely worth the effort in my opinion.
Judging by the SGI chart, people have been stamp-eding towards the exit for many years now.
Your offer is very kind, but you may have misread the comment as the text was a copy and paste of someone elses experience with Stanley Gibbons. I am new to the world of stampsniffing and I appreciate its appeal to some folks, but from my initial research the industry seems to be slowly declining and certainly not growing at a pace to consider investing in the likes of SGI.
https://trends.google.com/trends/explore?date=all&q=stamp%20collecting
ETH fees are demoninated in ETH/GWEI but because Ethereum has gone up in value so has the $ value of fees to transact. The network is also very busy right now which also pushes up the cost.
Fees to transfer ETH tokens shouldn't be as high as you mentioned, perhaps try again and see if you're quoted a different price. Check here for latest ETH gas prices: https://etherscan.io/gastracker
Token transfers should cost around $60-70 right now.
What's going on is the same as always: people investing in stocks because they think they can outperform an index tracker, but then start crying and blaming others when things don’t go as they expect in the short-term.
It’s almost as if people cannot see that:
- Majority of Bitcoin miners peaked in February and have all been following the same downtrend since
- Same for all crypto related stocks such as Silverbank, Microstrategy, etc, - they’re all down
- Bitcoin is down
- Altcoins are down
- FTSE is down
- Nasdaq will likely be down
- Your pants are down between your ankles as you wipe the brown stuff dribbling down your thighs
I’m up. Up massively on Argo. Up massively with some other miners. Up massively on Bitcoin and Altcoins. And I will be up even more later this year. I will see *some* of you on the moon. Sadly there isn’t enough room on the rocketship to accommodate everyone. If you got in early you will deservingly make it. If you arrived late but have conviction, courage and patience, you might make it. Bye.
https://twitter.com/StanleyGibbons/status/1391672122871885826?s=20
Stamp collecting (philately) started pretty much as soon as the first stamps were issued, in the 1840’s. However, most people would agree that the heyday of stamp collecting was in the 1950’s and 60’s. These were years of optimism and excitement. The economy was booming, WWII was a waning memory, and open boarders within Europe, and affordable international flights allowed millions to travel and “see the world”. Tourists were mailing back postcards, children were finding international pen-pals, and all these came with stamps. Lots and lots of stamps. They were cheap, colorful, exotic, and easy to collect. Kids would get stamp albums as presents, and then spend the following years meticulously filling them up with every kind of stamp they could get their hands on. When they had all the common stamps, they would trade up to rarer and more expensive stamps. Soon stamp markets emerges, with large catalogs and expos dedicated to the hobby (see photo below).
As the stamp market heated up, speculators stepped in, investing in the ever rising prices of certain rare stamps with high demand. Like the classic Tulip mania (or bitcoin craze), many people were convinced that the price of rare stamps could only go up, and would spend obscene sums on specimens that you could buy with pocket change at the post office, just a few decades earlier. It didn’t take long for people to try to manipulate the markets. Some merchants would horde thousands of sheets of specific stamps in an effort to drive up the price. And increasingly the postal services themselves tried cashing in too, by issuing expensive commemorative stamp sets aimed specifically for collectors, and by flooding the market with a vast array of stamps, so that it was hard to keep up. And as always happens, the boom came to an end. The speculators vanished and the general population gradually lost interest. By the 1980’s, the baby-boomers who grew up during the stamp boom, were adults with jobs and families, and very little free time for collecting.
Today, many children barely know what a stamp is, let alone find it a “cool” collectable. The people left doing it, for the most part, are aging pensioner, with lots of free time and a nostalgia for life as it was a half century ago. As they pass away, their families are left with a collection that encompasses a lifetime of dedication. Some get sold for pennies on the dollar, while many other just get thrown away. It’s a sad ending to the once-thriving hobby.
https://www.quora.com/What-killed-stamp-collecting-as-a-hobby?share=1
Pearls, Given your tendency to visit the ARB board whenever the share dips, it's no surprise that vulture investing, circling around distressed companies is your favourite strategy
Pearls, as the saying goes: the market can stay irrational longer than you can stay solvent, and as you’ve likely discovered, there’s a huge opportunity cost whilst waiting for your thesis to be proven true. SGI share price has been on a downtrend for many years and only a miracle can reverse the direction. The problem is SGI is operating in an industry thats no longer relevant to the modern world. Stampsniffing is similar to listening to Cliff Richards records - trendy and fun 60 years ago, but now viewed as an obscure activity practiced by a minority of eccentric old men. In order for the industry to survive, a new generation of stampsniffers needs to replace the aging boomers, however Generation Z are more forward-looking, preferring to invest in the future by way of cryptoassets.
Pearls, Taking a contrarian stance hoping for a reversal in the -99% downtrend of a company might be a profitable investment strategy…but given the decline of interest in stamp collecting I’m not sure if SGI is the best choice. Time will tell I guess.
It would help if SGI looked towards the future and explored the idea of cryptographic stamps and NFTs. But since you think crypto will be banned and blockchain technology is irrelevant then I assume you disagree?
https://medium.com/hackernoon/the-first-blockchain-stamp-in-the-world-and-what-is-means-f6f777838370
" But spare a thought for the long term holders, who have held the stock as it bled value over the last five years. Five years have seen the share price descend precipitously, down a full 99%.":
https://uk.finance.yahoo.com/news/investors-bought-stanley-gibbons-group-130733561.html
And people say that Bitcoin/crypto is volatile and could crash to zero, lol. In the last bear market Bitcoin "only" crashed around 80% - more importantly it has since recovered strongly and is making new highs. The same cannot not be said about Stanley Gibbons.
"Gibraltar’s new stamp will be issued alongside a non-fungible token—but it’s not the first stamp to be released as an NFT.":
https://decrypt.co/61963/now-postage-stamps-are-getting-the-nft-treatment
According to Pearls, crypto is set to be banned across the world, so I wouldn't get too excited...
The above news seems ironic considering Paul McCartney has been honoured with a stamp collection?
https://www.theguardian.com/music/2021/may/06/paul-mccartney-appear-postage-stamps-royal-mail
But stamp collectors are connoisseurs of error. This may be partly because some feel like oddballs themselves — “obsessive, neurotic, compulsive, competitive, nerdy, very knowledgeable” was how one vinyl record collector described others in one study, and the two tribes of devotees have plenty in common.
https://www.ft.com/content/48772d7c-e8ec-4f72-90f5-eec13a7f6b3f
It's true most of the links posted are from a long time ago, but this is due to the fact there is not much recent information on SGI. Not my fault no one is talking about the company.
Stella McCartney's fashion house has allegedly failed to pay any rent at its Madison Avenue store in New York for the past year, costing the landlord around $1.4million (£1million).
The luxury label set up by Sir Paul McCartney's daughter which prides itself on ethics and sustainability has been renting from the rare stamps and coins dealer Stanley Gibbons since 2016.
The store in the heart of Manhattan, one of 51 McCartney shops around the world, was forced to close last April due to the Covid pandemic and since then, Stanley Gibbons says it has not received any rent.
https://www.msn.com/en-gb/lifestyle/other/stella-mccartney-in-14million-rent-row-over-manhattan-store/ar-BB1g46FJ
Stanley Gibbons has been accused of misleading marketing:
https://www.telegraph.co.uk/finance/personalfinance/investing/8582410/Investors-warned-off-stamp-collectors-promise-of-rich-returns.html