Post
Topic
Board Altcoin Discussion
Re: When will the Ethereum Gas Fee go down?
by
bakasabo
on 10/02/2021, 08:06:06 UTC
When ETH 2.0 is implemented. Everybody is waiting for this, the gas fee presently is going out of hand, somehow more than bank charges which might be a great disadvantage if something is not gets done at earliest.

Not just "somehow more", but greatly more than banks charge for transactions. Inner country transaction cost me nothing. Abroad transaction cost me 0.5 EUR for Sepa (slow and has no option to send a receiver any kind of confirmation I've made a transaction) or 20-30 EUR for a swift transaction. While Ethereum network offered me yesterday to pay 55 USD commission for a normal speed transaction.

This whole situation with fees seems has no solution. Everyone wants Ethereum price to be high, yet high price means high commission. If the commission is not reducing, that means people are ready to pay high commission. If they are ready to do it, why decrease...