will EIP-1559 make the price of ETH very high in the future...???

[wajik-tempe]

If it's run as it should be, the price of ETH will going up gradually overtime because the gas fee will burn the ETH total supply, this means everytime the limited supply of ETH is going down and the price of ETH should be higher. I think it's not too late to collect some ETH to our portofolio due to this system will be tested this year on Q3-Q4

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[dhemasm]

I think yes even though there are other alternative coin with same use case with much better improvisation like BSC, DOT, TRX but When EIP-1559 Implemented on next fork maybe we can see some significant price impact since it's using Burn Mechanism and beside with more use case the demand will increase and it's going to give positive impact to the Ethereum market, Well for now we just can wait.

[poodle63]

If it's run as it should be, the price of ETH will going up gradually overtime because the gas fee will burn the ETH total supply, this means everytime the limited supply of ETH is going down and the price of ETH should be higher. I think it's not too late to collect some ETH to our portofolio due to this system will be tested this year on Q3-Q4

The burning really promising but we should take a look at what rate the supply gonna decrease, can't really make sure of that until EIP1559 implemented so we gonna see
the real scenario. Other than that, if ETH could get back all the dapps from moving to BSC then it's gonna add more demand to ETH for sure for gas fee, etc.
The last thing i want is for the upgrade that takes place in july to be delayed because that's gonna break our expectation and probably make us missing out the momentum for the market
to drive the price up.

[lenovop-70]

Burning some ETH in every blockchain transaction is a good breakthrough to maintain the price in the market high, but my question is, will the daily burning amount exceed the amount of ETH generated by the miners?
If daily burning is not much more than miners do around the world, then the purpose of burning for pumping the price will be in vain.