What do you guys think about this Gas price surge since Saturday I think. I have been monitoring gas price the whole day today and gas price is ranging from 40 gwei - 75 gwei. This will affect ICO and bounty distribution as they will get high fees in transferring tokens to other wallets. I just hope it becomes normal again like 8 gwei - 10 gwei per transaction.
You dont have to wait for the Gwei to drop that below. You can always set it to the 8-9 Gwei range but only the play here is it will take few hours to get your funds transferred.
Currently there is issues going on with the Fcoin airdrops and other airdrops too who are using heavy transaction and thus network has got too much congested. Obviously in such situation the prices for Gwei per transaction rises to overcome the stressed out network. Also in between the Gwei price does drop below 10 Gwei so keep watching the Gas Station page.
Experienced this myself earlier and this is quite irritating which is due to the reason that you specified. The last time I experienced something so irritating was during the release of the pet game which seriously messed up the network in many ways. The Ethereum developers need to focus more on improving their blockchain network since these issues are cropping up more often which is both good and bad as you stated.