Post
Topic
Board Altcoin Discussion
Re: I'm scared of ethereum gas fee
by
wheelz1200
on 21/10/2020, 21:55:37 UTC
What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.

Natural selection, if gas price is super high people will stop using it, which will lower the price and ultimately the gas price.  Eth price and gas price can't simultaneously shoot straight up, since people will stop buying/using it.  Most of the tokens are garbage scams anyway.