As developers keep improving the ethereum blockchain, even though previous ethereum hard forks failed to solve the problem of high fees in the ethereum blockchain.
But with the new London fork proposal 1559 which will offer a new fee system that burned all transactions fees instead of miners determining the fees, this will remove more ethereum from circulation causing demand to rise because of scarcity which will ultimately lead to an increase in price and fewer transactions on the ethereum network.
What are your expectations from this and how it will affect the overall ethereum ecosystem?
What I expect is a lot smaller gas fee, if that doesn't happen then all of this is for nothing. However I am also expecting a good amount of profit as well for me, I do not have 32+ ethereum, but I am working on it, if one day I could actually do that, then I am going to definitely do that, I am going to buy 32 eth and then put it on stake and then make profit from it, the amount I will be making from it will go towards buying other stuff as well and grow my portfolio, I can sell everything right now and it doesn't even make 10 eth just yet, or there about for now, I need to make 3x profit on what I have right now to get there, afterwards it is easier to make money because every year I will have enough to actually buy other coins and tokens, and they will make me some profit too hopefully.
With that being said, profit is not the only thing, there will be a technological proof that POS works too, which matters a lot.