Post
Topic
Board Altcoin Discussion
Re: Ethereum's first ever deflationary day.What does this mean?
by
MoneyJ
on 05/09/2021, 23:09:10 UTC
As economic denotes, whenever a supply decreases and demand increases, the price goes up. Now the thing is, how often does Ethereum burn in a certain point of time? For long time hodl of ETH it is really rewarding but for daily transactions it could be nightmare dealing high and fluctuating gas fee. Unlike bitcoin, ETH will rely on market sentiment and how people would be taking considerations and doing transactions in blockchains.