Quote from: Alert31 on Today at 11:15:28 AM

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?

By the looks of it the price may not go down at all, it may actually keep going higher and higher during this period. I think until eip 1550 comes we are going to keep seeing higher prices. We have seen 12 bucks during late summer early September and we said that was way too much and it should go down and it did went down as much as under 1 dollars for a small period, but now we have seen double that 12 dollars number recently, and now it is around 15-17 dollars and people are still paying it that is the problem.

As long as there are people who keep paying those amounts the price will not go down, in order for price to go down we need to have people refusing to do business and stop paying that much amount, then there will be lower and lower numbers that gets passed, and as long as people keep refusing it will have to go down a lot in the end.