What the hell is going on with the Etherium?

[kingzpro]

It is just due to network congestion and no doubt this has been the biggest challenge for ethereum network to get rid of, for mass adoption eth network needs to be quick with cheap transaction cost, the developer team should come up with the solution as soon as possible.

[trrewqs]

I do not know how things are with the transaction price of other people. I do not pay a very large amount for the transaction

[Razick]

Ethereum is just suffering like the other altcoins, the price of bitcoin is down which is why the prices of all of the other coins are down and ethereum is no exception. Although it does look like someone somewhere is manipulating the price of ethereum. That could explain why the price of the coin is moving the way that it is now. We just have to wait and see what happens

[kenjionline]

The price of a transaction can also grow with any large-scale ico, or with the appearance of projects such as cryptokitties . But it will diminish with time. I believe that the Buterin will solve this problem.

[_bitcoin_papa_]

I heard that the FCOIN exchange is now conducting a listing of tokens, which will have the most amount on the balance sheet. I think everyone is now trying to get there and because of the multitude of transactions, the network Ethereum raised the price.

[Ispira]

Wouldn't it much better if people read the comments within the thread before repeating things or asking the same questions that have already been answered higher up the thread! OMG!

[@tutrinhanh]

oh well, I do not care much about gwei prices, this proves eth network is overloaded? It could also be due to the rising demand for ETH

[clonely]

Mining problems in far east countries may have adversely affected Ethereum. This problem needs to be resolved as soon as possible.

[gabriela1999]

I found one of the reasons congestion in the Ethereum network in recent days. The reason is to make jam and increase gas on ethereum. https://bitcoinist.com/is-a-new-exchange-to-blame-for-the-ethereums-network-congestion/

[other_side]

Gas price is more than 70 gwei for several days. Anybody knows why?

I think its price has dropped so much that Etherium has increased its gas fee. But I do not understand why they charge now, when so many other altcoin are in the position of ETH.

[jahidck]

There can be many reasons associated with it. The root or the source of the cause is very unclear. Given that the market was in a dip and it is now slowly but is recovering, it is hard to tell what could be the cause behind it at the moment. 

[Crown1]

The problem of network jam is a bit serious, but I don't know what happened.
It's hard for me because most of my tokens can't be transferred.

[metallikingz]

Huge volatility + huge usage from a few icos, that is what is causing the huge amount of gas price, today i spent more than 0.002 for a single transaction, and that is huge for a TX

[passwordnow]

Let's see what he can do about it. So far ETH blocksize growing past 1TB...

Did he proposed something new about ETH that can make the transactions faster and cheaper for ETH's network?

I forgot what that is but IIRC he said something new about it few months ago.

[cryptodreem]

There can be many reasons. This is on the grounds that another trade Fcoin has embraced another rundown framework. At that point accuse each record of a specific measure of tokens, and when the quantity of records with tokens meets the necessities, you can get a free rundown. This can be happened due to integration in eth.

[sufiasyl]

Don’t upset. Because price fluctuation may occur anytime. We know ethereum is 2nd position in the market and their market position is also good. That’s why I believe in near future ethereum price will increase.

[ptraf]

I dont see what so strange happening to Ethereum.

It is normal way IMO. Price will grow in autumn, i am sure. And as ICOs will become more and more popular, ETH price will only raise.

[MatthewNaccarato]

Yes, the gas price is more right now in the market. This dramatic increase in prices due to the congestion in the market. Let's wait to hear the truth from Ethereum regarding this.

[realestates15]

it's going down hahaha

[TheRiddingCoin5]

What's funny is, not along time ago, Vitalik Buterin said that fees in Bitcoin were "too high" past five cents:

“Right now, bitcoin transactions cost five cents [in USD], which is fine right now because Paypal fees are even stupider but the internet of money should not cost more than five cents per transaction. It is kind of absurd.”

Now delusional Vitalik is having to deal by himself with massive block sizes while trying to keep everyone happy with fast and cheap transactions. Let's see what he can do about it. So far ETH blocksize growing past 1TB...

I think you are being a little too harsh here. Yes, bitcoin fees of 5 cents is high if you think about the fact that it was meant for cheap micro-transactions. But to be on topic, ETH will need to fix this casper and sharding because it is at non-tenable level right now.