Quote from: Silberman on Today at 04:23:38 PM

Quote from: Radio-Active on September 26, 2020, 03:14:53 PM

Bro, i don't think that gonna happening in the future. The price of ethereum itself is not that high.
If the fee of transaction on blockchain is going too high, i think people won't using blockchain anymore in the future.
The ethereum gas fee is only very high when there are many transactions submitted with high gas fee.

I know that people do not like it but that is simply how it is, if the interest in ethereum increases then it is natural the fee increases, this means that you cannot make very small transactions anymore as the fee is probably higher than the amount you are trying to send, this can be a problem if you were looking to make small purchases but if you are a trader then you need to have enough capital to counteract this otherwise you will never be able to take advantage of the moments of big volatility in the market.

for traders, fees do not have much effect but this is very influential for ordinary transactions such as in my country's exchanger and several other exchangers ask for a withdrawal fee of 0.1 eth, in my opinion it's crazy 0.1 eth around 37usd for 1x withdrawal
Transaction fees and gas can be adjusted according to what we want but it has an impact on transaction speed