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ETHEREUM GAS FEES MIGHT NEVER GO DOWN AGAIN
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Topic: ETHEREUM GAS FEES MIGHT NEVER GO DOWN AGAIN (Read 398 times)
Talkcomol
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Activity: 10
Merit: 0
Re: ETHEREUM GAS FEES MIGHT NEVER GO DOWN AGAIN
September 03, 2020, 10:48:33 AM
#81
Yeah that's seems right to me as well. ETH gas price is going higher & higher more and more.Defi is flooding on market right now.We hope eth gas price reduce soon otherwise people will start to use TRX soon
SyndicateLabs
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Activity: 882
Merit: 100
Re: ETHEREUM GAS FEES MIGHT NEVER GO DOWN AGAIN
September 03, 2020, 11:21:28 AM
#82
Gas increased because of the demand for Defi of many investors. It has caused a lot of trouble for other projects and those who want to move tokens, it's hard to believe since each transaction costs about 4-5 $ and that's really a lot of money. Hopefully in the coming time, new Defi projects will use other platforms such as TRON, Cybermiles .. To be able to reduce the gas fee of ETH
Chukwunonso
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Merit: 1
Re: ETHEREUM GAS FEES MIGHT NEVER GO DOWN AGAIN
September 03, 2020, 11:22:19 AM
#83
It would be disastrous to have the Gwei hit 1000, because several persons would stop using ethereum for transactions. I personally won't use any Gwei that is above 100 and would even prefer to wait until the value drops to less than 50 Gwei. Its rather unfortunate that the value of gas fee has increased this much as ethereum is no longer competitive with other platforms like tron and eos.
Talkcomol
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Re: ETHEREUM GAS FEES MIGHT NEVER GO DOWN AGAIN
September 07, 2020, 01:12:53 AM
#84
Now there is some possibility to reduce ETH gas price because defi hype is going down for now. As you see ETH price falling.In fact all ATLS Coins price are decreasing including ETH. Bitcoin price dumping as well. ETH gas rate still high but Will dcrease after defi hype gone forever. Let's see.. When it happen
Jancuki
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Activity: 789
Merit: 10
Re: ETHEREUM GAS FEES MIGHT NEVER GO DOWN AGAIN
September 07, 2020, 02:13:02 AM
#85
It is very burdensome, especially for me as a user of small transactions. I really hope that gas fees can go down again so that I can resume transactions, both in large and small amounts. However, if that is not possible, it seems like my solution should switch to another block, for example moving to TRX.
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