Post
Topic
Board Altcoin Discussion
Re: When will the Ethereum Gas Fee go down?
by
ven7net
on 08/02/2021, 16:12:08 UTC
It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?


The situation with the commission on ETH is really alarming and makes the use of ETH and ERC20 tokens unprofitable for ordinary investors and users. A few days ago I watched a video in which one of the manners said that it is planned to increase the volume of the block, which may temporarily make the commissions lower, but after the commissions they will become large again. I don't know if this makes sense, but probably now we are seeing a very large number of transactions in the ETH network of large companies and funds, perhaps when they buy the required amount of crypto assets, the price of commissions on the ETH network will decline, but if so, then again nobody knows when this will happen.