Do you think excess gas fees are the main reason for decline of ether?

[ranaprime]

Now a days many of us have not been able to sell tokens due to ether gas fees. Most of the investors are now losing their interest in it. In this case, do you think the Excess ether gas fees will adversely affect on the ether platform?

[Freemind]

Yes, the high transaction fees will certainly affect Ethereum and its use. What is happening is crazy, preventing users with few funds from advancing who see how the opportunity to profit is lost due to the high fees, and that will certainly affect Ethereum in the way of having fewer users, fewer projects using its chain and more people looking for faster and cheaper chains, fortunately there are several options to choose from.

[Andruha1993]

No I do not think so. It's just that the price of Bitcoin has started to fall and the price of other coins has started to fall after it. I think this is just a correction and nothing else.

[pokxon]

In order for the ether to really lose its influence, we must see serious alternative ecosystems, and such are emerging, but all innovations are still on Ethereum, and there are only copying ideas with a low commission, so the question of the negative to the ether due to the commission is controversial. It is still simple and will be used!

[H2O]

Of course right. Due to the excessive amounts of ether network fees , traders don't trade Ethereum platform and instantly Ethereum based assets trading volumes aromatically decreasing. So popularity of Ethereum also decreasing.

[ranaprime]

Of course right. Due to the excessive amounts of ether network fees , traders don't trade Ethereum platform and instantly Ethereum based assets trading volumes aromatically decreasing. So popularity of Ethereum also decreasing.

Yes mate, I don't know why ether authority doesn't take any action regarding this issue. It is really excessive. They should immediately take necessary stapes to control gas fees.

[iloveyobit]

The gas situation is so annoying to be honest , i have token in my ether wallet that worth 45$ but i need to pay 20$ as a gas fee to be able to make the transaction, i tried to send many times with less than 20$ and i lost all the gas but the transactions didn't succeed,i think they should find a solution to this problem..

[LeVi]

i dont think so , eth price is still increasing , many new projects is trusting eth , i think the team\developers is creating a solution for high gas fees

[Condorlaib]

If we talk about the fact that Ethereum fell in price a few days ago, then this was a general trend in the cryptocurrency market, and not possible disadvantages of ETH, because the bitcoin rate also fell. fees on the Ethereum network have been rising along with the growth of Ethereum and the price for gas is high only because the Ethereum platform is in great demand and therefore the network is overcrowded.

[Giangphuong8489]

If trading on CEXs, the transaction fee is still only 0.05% -2%, unaffected by Ethereum's transaction fees. However on the DEX, profits will be affected by too high transaction fees. I don't think traders use DEX, they usually prefer CEX, so they won't be affected too much.
For the Ethereum platform, they are losing users because of the problem of transaction fees.

[sergeybobrov]

Of course, the price for expensive gas will have a very bad effect on the Ethereum platform and on projects that are planning to launch on the Ethereum blockchain. Earlier I could invest in projects in the region of $ 50-100, but now I will not do this because of the expensive gas.

[sugarchrisp]

It's good that most tokens are also traded on centralized exchanges, where I can buy profitably, with a minimum commission! At Uniswap, the commission is very large and I don't buy there!

[Fivestar4everMVP]

To be sincere, am one of those who believe that with the current price of bitcoin raising above $50,000 usd and almost touched $60,000,  if everything was alright with Ethereum, eth should be trading between nothing less than $5000 usd and $10,000 usd, but like you all already know, the high fees have been a major put off and some projects have even migrated to other chains to save their community from the fees.

[raisajahan]

Yes i think excess gas fees are the main reason for decline of ether. Because of excess gas fees investor and bounty hunter are facing problem.

[ttcsalam]

Yes i think excess gas fees are the main reason for decline of ether. Because of excess gas fees investor and bounty hunter are facing problem.

I agree with you all of bounty hunter facing lots of problem such as they don't have sufficient gas fee for transfer bounty reweds.it's very piratic for hunter.