ETH gas fees are low....A great time to get in?

[CapGelatik]

these few days I always check Etherscan, and indeed Gas Fees on Ethereum are getting more and more stable at between 15 Gwei to 30 Gwei,
and of course this is very good, because maybe the PoS algorithm has also been implemented, I hope Gas Fees can always be cheap,
because I really miss trading on DEX in the Ethereum ecosystem for cheap fees.

[jostorres]

At such a market, the price of junk tokens is also minimal. But such commissions will allow these tokens to be transferred to centralized exchanges in the hope of waiting for new growth.If you have small amounts, then tier 2 solutions are great for avoiding low fees.I trade in the Matic ecosystem, and I use Matic to withdraw funds. It is available on many exchanges.

I have some small amount tokens on Ethereum blockchain, left from "good old bounty times". I find it best to sell them for Ethereum or Bitcoin, because if or when the market recovers, these two cryptos will recover faster and with a higher probability, than old alts.

Did not get about Matic - I can withdraw Ethereum tokens using Matic network ?

I have the same give or take but I still have so many "dust" amounts in there that even at 10 cents per transaction it would still not be worth it, and certainly not right now. I have to say the best thing about crypto right now is the fact that we could end up with a good profit at this exact moment if we do smart moves and then let them go further in the future.

Like if you buy right now, and then move it to ethereum or bitcoin, then you would be able to make a bigger profit later on when the bull comes. So, what you do right now dictates your profit in the future. Some people think short term, like "let's make a profit now" mindset, I do not feel that way, I think we should be focusing on the future.

[Baimovic]

these few days I always check Etherscan, and indeed Gas Fees on Ethereum are getting more and more stable at between 15 Gwei to 30 Gwei,
and of course this is very good, because maybe the PoS algorithm has also been implemented, I hope Gas Fees can always be cheap,
because I really miss trading on DEX in the Ethereum ecosystem for cheap fees.

Hopefully the gas fee on Ethereum will stay on Gwei so we can use DEX trading in a relaxed manner as the fees given to the platform are small, considering that currently Gwei is still averaging 15 even though the marketcap is increasing whether it's due to ETH2.0 or there is still little trading on DEX so Gwei still low?

[Argoo]

It seems that the persistent bear market drastically reduced ETH's network congestion. Gas fees have been ranging as low as 17 Gwei to 30 Gwei on average. The native cryptocurrency Ether (ETH) has been declining like crazy in Fiat terms, so it would be a lot cheaper to buy NFTs or do other network operations than before.

Assuming ETH doesn't go any lower in price, would now be a great time to get in? Or should I wait a little longer? Do you think gas fees will soar back up again after the crypto winter settles? Your input will be greatly appreciated. Thanks.

Yes, transaction fees on the ethereum network are currently 21 Gwai. This is quite low, considering that there have been so many complaints about the exorbitant fees on this network in recent years. Now in the midst of crypto winter. The price of bitcoin is $19,543 and ethereum is $1,110. Some predict another drop in the cryptocurrency market by about 10 percent. Whether there will be such a fall or not, no one knows. But at the current rather low price, it makes sense to buy ethereum. Moreover, in August, Buterin promises to complete an almost two-year update of this network. After a successful update, this coin can soar in price up to $10,000 in the next year or two. If there is any doubt about this, then it is better to buy it in parts in order to get some kind of average price result.

[Republikcoin.com]

Hopefully the gas fee on Ethereum will stay on Gwei so we can use DEX trading in a relaxed manner as the fees given to the platform are small, considering that currently Gwei is still averaging 15 even though the marketcap is increasing whether it's due to ETH2.0 or there is still little trading on DEX so Gwei still low?

It's currently at 15 on average for transaction gas fees on the Ethereum network, but I still highly doubt whether it will stay at 15 forever.
Because Ethereum still has the potential to increase even more in the market when the market fix occurs and it will definitely affect the amount of gas costs on the Ethereum network as well. And I'm sure the gas costs will definitely be even higher than now.

[Abiky]

If decentralization is such a priority for Ethereum, why does the network strive for PoS, which implies centralization. After all, if you own tokens in the network, then you have voting rights, but since tokens are unevenly distributed and there are many whales with big wallets in the network, it turns out who has more tokens has more voting rights and thus influence over the network. In my opinion, if ETH ever launches PoS, the network will move far away from notions of decentralization.

I was assuming ETH was going to remain a PoW cryptocurrency due to the constant delays of the difficulty bomb. But I've seen Vitalik's insistence on PoS, so it should only be a matter of time before the network switches to the new consensus algorithm. As you've said before, PoS increases centralization of the Blockchain as it gives whales voting rights with their huge stack of coins. Mainly, big exchanges like Binance, Coinbase, and FTX will be able to control the ETH blockchain with their stake. This is bad because it leaves the "little guy" out of the system. Of course, there will be staking pools that will allow anyone with less than 32 ETH to earn coins over time. But that doesn't mean you will be able to participate in the network's consensus (only validators with 32 ETH will be able to do so).

I guess that you get what you pay for (high gas fees in exchange for decentralization/censorship-resistance). ETH 2.0 will have lower gas fees, but it won't be as decentralized as the original version. At least, we have Ethereum Classic. If Ethereum (ETH) fails, then Ethereum Classic (ETC) will be able to save the day. Just my opinion