what happen with the market lately, when the price of eth and other erc20-based tokens down the opposite happened to the gas price.
Do you think this situation is only temporary or will last long until new year 2019.? what is the max possible gas price(gwei).?
it is not appropriate, if eth goes down then gas price will automatically decrease, because gas value will be affected by ethereum price. we can also set the gas level, if you want cheap gas then the transaction will be slow or normal and if the gas is set expensive then the transaction will be very fast.
what do you mean.?
if eth goes down then gas price will automatically decrease, because gas value will be affected by ethereum price
that is not true, gas price does not depend on eth price, but depends on the high of the transaction activity on the network used (pool/miner)
we can also set the gas level, if you want cheap gas then the transaction will be slow or normal
If you do that right now, you'll only find transactions pending for a long time, or maybe the transaction failed