Post
Topic
Board Altcoin Discussion
Re: Eth gas fees and investing
by
crzy
on 26/02/2021, 13:19:01 UTC
I am not a technologist, let alone a programmer, just an investor and trader.

What do I need to know about Ethereum's high gas fees? I'm hearing some say that this could sink Ethereum. How exagerrated is that?

wow this is very surprising, drowning eth is not that easy. just wait for the ETH v2 network. the cost of gas will not be as expensive as it is now believe me, be patient
I heard it will be over in 2023. You will have to wait in your investment until then to really see things going normally.
but some have reported that in the middle of this year there will be a solution to the issue of ethereum transaction fees.
As per ETH team they are working on it and their stated that on July 2021, they release the best solution with regards to this one. Seriously, the fees is not that high right now and maybe the fees will really depend on the traffic in the market, the current price trend and its current demand. ETH is still the best altcoin, so I don't think it will sink simply just because of its fees, they'll improve for sure so let's be patient for that.