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.
Weird. ETH gas price doesn't cost that much though. And I'm sure that it will affect a lot of bounties.
I see some spam tokens that make transactions until the network is very full, 1 thing that makes me wonder who did it and who messed it up there seems to be people who finance them to do such crazy transactions, so trying to mess up people's minds about having ethereum costs are great but let them make the mistake of throwing out their ethereum for their spam transaction costs
I see some spam token as well in my MEW wallet and I was surprised about it. Although ETH as a steady network, but this kind of transactions really messed up everything. It might be very well compared to network spamming in bitcoin. So its either you increased the gas price to get your ETH or just wait till everything is back to normal.
https://coingape.com/binance-raises-gas-price-on-withdrawals/