Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Master107 on March 12, 2021, 12:44:14 PM
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
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In my opinion, first of all, the final cost of transactions is formed on the basis of the free market of supply and demand. That is, the more demand for transfers within the network, the higher their cost. It is due to the popularity of DeFi projects and USDT transfers that Ethereum's bandwidth is overloaded and in order to process the transaction as quickly as possible, users themselves increase the commission that they are willing to pay. To date, the solution to the problem is in the final transition of Ethereum to the second version (2.0), which the team plans to do with the help of a London hard fork. Of course, miners are unhappy with this and many large mining pools are trying to sabotage the requirements of the network, but I am sure that we will overcome this and this summer the commission will be reduced when the Ethereum network switches entirely to the PoS algorithm.
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Ethereum is already going to the moon, it already exploded. However, I think there is still a chance for Ethereum to have another new ATH this season. The price of Ethereum looks still continues to increase, which means there is a chance for another bigger ATH.
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High gas costs are coming to an end, the EIP 1559 proposal will be packed with a hard fork in July, although many miners are against this proposal, the developers and users of ethereum still agree to this proposal
more info: https://www.coindesk.com/ethereum-improvement-proposal-1559-london-hard-fork?amp=1
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Well looking at etherum Blockchain and many Cryptocurrency project are building under it's Blockchain I can say that they contribute in the current increase in the gas fees for me I was also thinking that Ethereum will actually explodes in the year 2021 before the year end it may increase as high as $3000 dollars based on my opinions and observations.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
I think , you should see the Ethereum price and learn it. When the Ethereum price is increasing, the gas fee will increase. So.I think It depends on the price of Ethereum. Keep calm, because many investors have expectation about Ethereum 2.0
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It is increasing quite fast today, so we don't need to wait for a long time. Ethereum is always following the Bitcoin trend. Since Bitcoin is pumping now, Ethereum also increases fast again. You can see yourself on the market, it is exploding today.
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It is increasing quite fast today, so we don't need to wait for a long time. Ethereum is always following the Bitcoin trend. Since Bitcoin is pumping now, Ethereum also increases fast again. You can see yourself on the market, it is exploding today.
I believe that the ethereum price is still growing very slowly right now. Even compared to the previous price wave, when bitcoin reached $ 58,300 prior to its last correction, the ethereum price was at $ 2,000. Now bitcoin is up over $ 61,000, while ethereum is still $ 1,900. This condition is due to the fact that there are still big problems with high transaction fees on the ethereum network. If this problem is successfully resolved in July, then in the fall I expect a real explosion in the price of ethereum. This will be especially noticeable if the market continues to grow.
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It is increasing quite fast today, so we don't need to wait for a long time. Ethereum is always following the Bitcoin trend. Since Bitcoin is pumping now, Ethereum also increases fast again. You can see yourself on the market, it is exploding today.
Yes, you are right.. Current etherreum price is $ 1,892. Ethereum price is increasing and always following bitcoin trend. I se the gas fee is so high. I hope there are alternate smart contract beside ERC20 and more popular than etehreum
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As Etherium coins become more popular now, so does the price of Etherium. Currently the price of etherium 1893Dollars. Now the biggest problem for Bounty Hunters is the transaction fee. What is the transaction now has to pay a large amount. Now it is seen that the expenditure is more than the income. From the amount of dollars we are earning Having to pay the transaction fee. I think this problem should be solved very quickly. Otherwise we will all face losses. Which will become a much bigger problem in the future.
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After the completion of technical corrections, over the past 7 days, Bitcoin has risen in price by 23%, and Ethereum by only 12%. I believe that Ethereum is still lagging behind the trend that was earlier, and in the first place Everything depends on the successful outcome associated with the Ethereum 2.0 update. The fact is that miners resist the actions of developers and this greatly harms the development of the platform and, accordingly, the growth of the Ethereum rate.
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Ethereum prices have gone up a lot but at the same time transaction fees have gone up. In fact we have seen since the Ethereum Price went to the moon right away but the transaction fee has gone up. In fact, our problem is that we are not able to sell tokens due to such high gas fees.
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Thank you very much because you have created a very valuable post. I hope you will share more posts like this with us. Expecting an etherium explosion at the present time is a pretty good job. So the interest in etherium is only increasing day by day.
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High gas costs are coming to an end, the EIP 1559 proposal will be packed with a hard fork in July, although many miners are against this proposal, the developers and users of ethereum still agree to this proposal
more info: https://www.coindesk.com/ethereum-improvement-proposal-1559-london-hard-fork?amp=1
EIP 1559 will change the transection system as there will be a base fee and miner tip which will help a lot to reduce the transection fees. Also, it's true that some huge mining pools are against this proposal as they're getting huge profits from this current transection fee system as miners earn $1.3 Billion in February and 50% from just gas fees. TBH, it won't effect on EIP1559 as community wants a lower transection fees. In the end, those mining pools need to agree with this proposal , else there will be a shitcoin which won't be successful in the long run.
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Etherum right now like wa all know and are increasingly moaning about is very high fees which is game killer and other chains are scooping eth share of the market despite all this eth community coundn't care less which could be an evidence that eth right now is extremely undervalued since everyone know what will happen once eth 2.0 is globally accesible to everyone ... the price could easily skyrocket till 20 k
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The high Ethereum transaction fees occur because of the density of transactions on the Ethereum platform, more and more people are transacting and increasing their fees so that they are confirmed immediately, but they don't realize this is very detrimental. And I hope Ethereum will explode and surprise everyone, actually I hope it will be in the first quarter of this year.
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I think in the near future Ethereum's gas price will go down and the Coin's price will go up. It just takes more time for that. So we believe, hope and look forward to it.
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The Ethereum market has been pumping very well for some time now. We may not have seen the Ethereum market pumping in the past.Ethereum's market is currently pumping the way I think Ethereum could soon exceed$3k. What is your opinion on this?
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this now eth price explode over 2000dollar
sending fee is high because volume transaction(sending) solid transaction so sending fee incraese to high and eth price high too
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It is very rare and very difficult for us to be able to deal with how we understand the significant development of Ethereum because Ethereum is indeed very decentralized and everyone can develop coins from the Ethereum network.
The explosion for Ethereum is also very limited and may only occur once every 4 years and that is also waiting for the moment of the Bitcoin halving.
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I have no idea about Ethereum's gas fee. I can't tell anyone why Ethereum's excess gas fee.Because I think Ethereum's extra gas fee completely regulated Ethereum community . So they can bring Ethereum Gas Fee to its previous position if they want.
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Etherum already explode i dont think so fees will down it will up more pump more fees explode so bad I think every want to use binance chain low fees every big project is converting to bsc for that I dont think etheruem will low all new project coming to finance chain for price of finance coin going up it time for invest in finance coin it has been pump to 480$ buy and hold it.
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I have no idea about etherium. I don't know why all of a sudden there is so much gas free. I think the extra gas free etherium has completely controlled the etherium community. If they want, maybe they can keep Ethereum's gas free in the equivalent position. Hopefully Ethereum's gas free will go to the same level as before.
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After a long wait, I noticed a lot of changes in the market for Ethereum, because the market price of Ethereum has been in the same position for a long time.But Ethereum's market has changed a bit in recent days. It costs around twenty-two hundred dollars.We are hopeful the price of etherium will increase further.
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Yes of course I expect Erhereum to explode because as this moment ethereum so far will be in a good placed in terms of value prices in the market and all investors are wondering it will comes into a perpect price in the blockchain someday.
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Everyone knows why the fee is high and the developers are also on their way to launch ETH 2.0 which already almost 50% finished and will be fully capable to work by the end of this year i think. Which is expected to decrease the fee very low and make Ethereum more usable.
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I think in the near future Ethereum's gas price will go down and the Coin's price will go up. It just takes more time for that. So we believe, hope and look forward to it.
Ethereum gas price is so frustrating for us whether small or big crypto personality. The gas price payment is very accommodating to use for investment. Even not very big amount and yet good for additional income once we can save some money. We hope the gas price will down and Ethereum value will rise.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
I think this problem will be solved by Ethereum team mate, So keep patience and wait Ethereum 2.0 completely. Because I have read many investors believe Ethereum 2.0 will solve this problem..high gas fee will be solved and go down again.
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The #DevelopmentTeam has been working very good for solving the gas cost problem which is currently a problem in the ether network,
When eth 2.0 was developed and not fully operational we saw the #DevelopmentTeam want to Fork, 5 months from now it is likely we will see lower ether gas costs and come back like 2017.
Hopefully no problems will occur when the Fork is executed because any information and progress of the Ethereum ecosystem will increase the price of ethereum in the future
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The #DevelopmentTeam has been working very good for solving the gas cost problem which is currently a problem in the ether network,
When eth 2.0 was developed and not fully operational we saw the #DevelopmentTeam want to Fork, 5 months from now it is likely we will see lower ether gas costs and come back like 2017.
Hopefully no problems will occur when the Fork is executed because any information and progress of the Ethereum ecosystem will increase the price of ethereum in the future
I really hope and have high hopes for this Ethereum, I hope that the team that has worked hard will be successful and succeed in providing cheap fees in Ethereum transactions. Because Ethereum is my favorite coin and I don't want to leave it because of this very expensive gas cost.
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Actually eth is exploding since last year I bought 3.5 eth last year at $200 and now look at the price its $2200 almost 20x now if you bought last year and I believe its just starting to go wild wait until gas fees fixed at July and eth users will come back again today I cannot move mostly of my eth assets because of high fees $20 fees lol I will not spend that big amount just to send tokens.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
The price of high gas fees for me is a normal thing.
Because when the ethereum price gets higher, surely the price of gas fees will follow up.
Many people complain of high gas fees. They forget not to support so that ethereum prices rise even higher.
But for the issue of today's high ethereum prices ethereum has already set record highs throughout the year. And this year Ethereum will go higher and higher and my prediction will reach $ 5000
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
The price of high gas fees for me is a normal thing.
Because when the ethereum price gets higher, surely the price of gas fees will follow up.
Many people complain of high gas fees. They forget not to support so that ethereum prices rise even higher.
But for the issue of today's high ethereum prices ethereum has already set record highs throughout the year. And this year Ethereum will go higher and higher and my prediction will reach $ 5000
That right, if you said Ethereum gas fee is so high because the Ethereum price is going up. But I think It is the big problems. Because many investors complain about. What do you mind about this problem ?
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While other platforms are gas fee, I don't understand why the Ethereum platform is so gas fee.But I think those behind the Ethereum platform are responsible for Ethereum's extra gas fee.That's why they want Ethereum's gas fee to increase so much.But I think Ethereum's gas fee should be a little control.
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The Ethereum explosion will occur if the Ethereum price is around 3,000 USD and the transaction fee is around 1-5 gwei.
I believe that this situation will make Ethereum an immeSPAM BANble explosion and even Ethereum will continue to rise in price if the GAS is around 1-5 gwei.
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The Ethereum explosion will occur if the Ethereum price is around 3,000 USD and the transaction fee is around 1-5 gwei.
I believe that this situation will make Ethereum an immeSPAM BANble explosion and even Ethereum will continue to rise in price if the GAS is around 1-5 gwei.
I hope It will happen soon.
But If you said Ethereum will touch 3,000 USD , I think it is so easy.
We all know Ethereum price is 2,927 USD now.
But for gas , Is don't believe will go down until 1-5 gwei.
I have read several opinion here, It might happen at July this year when Ethereum 2.0 launch completely.
Every thing can happen at crypto space, Let's see.
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The price of etherum gas is indeed high because of the current popularity of etherum which is very significant so that it makes etherum transactions increase which causes gas to increase, etherum may currently exceed the new ATH that was broken but etherum for this year will break new ATH records .
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The price of etherum gas is indeed high because of the current popularity of etherum which is very significant so that it makes etherum transactions increase which causes gas to increase, etherum may currently exceed the new ATH that was broken but etherum for this year will break new ATH records .
The fact is that for serious investors, as well as for promising projects on the Ethereum platform, the current commission does not matter, because their income allows them to pay such commissions. Of course, if we transfer an asset with a total value of $ 50, then we would not want to pay a fee of $ 20. But for many, this is a mere trifle.
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Isn't Ethereum a very promising altcoin? ETH is the top coin and considered the best altcoin. If we are looking at how this coin progresses after bearish market, we can see how ETH has been being exploding so significantly, reaching its barrier and continuing to the moon
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Ethereum more demand for transfers within the network, the higher their cost. It is due to the popularity of DeFi projects and USDT transfers that Ethereum's bandwidth is overloaded and in order to process the transaction as quickly as possible Cryptocurrency project are building under it's Blockchain I can say that they contribute in the current increase in the gas fees for me I was also thinking that Ethereum will actually explodes
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I think the $ 5k target this year will be achieved but we will all have problems with the fees that we have to spend, if the ethereum price goes up, the fees we have to spend will multiply, although on the one hand there are benefits with the increase in ethereum prices, then fees which is too high also makes many people think again about sending their tokens... many people even try to send their tokens on low gas,but the transactions failed and the balance is also reduced...i tried to send one of my tokens which cost $70, but the fee i had to pay was $38... it made me cancel it...
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I think the $ 5k target this year will be achieved but we will all have problems with the fees that we have to spend, if the ethereum price goes up, the fees we have to spend will multiply, although on the one hand there are benefits with the increase in ethereum prices, then fees which is too high also makes many people think again about sending their tokens... many people even try to send their tokens on low gas,but the transactions failed and the balance is also reduced...i tried to send one of my tokens which cost $70, but the fee i had to pay was $38... it made me cancel it...
I believe that today it is hardly possible to call Ethereum fees high. Today I made a transaction in the amount of more than $ 18,000 and paid almost a little more than $ 4 in commission. it is generally minuscule. Such a commission does not affect the quality of the platform in any way, unless of course you transfer shitcoin, whose value is much lower than the cost for gas. (https://i.ibb.co/WFSbQk7/Screenshot-2021-05-03-15-46-44-991-com-chrome-beta.jpg) (https://ibb.co/VDX7dgb)
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I constantly monitor the cryptocurrency market. I am most curious. In particular, it is difficult to predict what the condition will be like until ETH Drops. I think ETH's gas fee is much lower now. There is a possibility of further reduction in the future. However, the price of ETH is likely to rise. So it is better to be patient and wait. As if ETH gas fee drops.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
Current Ethereum gas fee is going down, It is the right time to do transaction. I see VB has good decision to reduce gas fee. So, let's do your transaction, buy more and hold it.. Ethereum will have good progress at this months.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
Ethereum is starting to grow and touch new ATH mate, Ethereum has touched 3,500$ and going down again. But I believe it will increase again and touch 3,500 $ soon. No worries about Ethereum . believe it.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
Ethereum is on the verge of exploding; it has already surpassed the 3.5k mark, and I am anticipating a price of more than 5.5k. Soon, more enticing news about Ethereum will be published, causing a buying frenzy.
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@Condorlaib yes, some coins still have expensive gas costs, but yesterday I tried to make a transaction and the gas demanded was quite low... many people have complained about gas costs in recent months, and yes, only a few days the gas costs have been normal... yes, if everyone is like you they will not bother with gas, because we send quite a lot, also look at those who only send under $ 1000, they are very complaining about transactions with large fees, even new projects are also delaying sending tokens because high fees...
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Ethereum can still continue to rise in price until everyone doesn't believe that Ethereum can cross the desired limit.
I also when Ethereum was at a price of 1500 USD it seemed like Ethereum was going to go down but the proof was that Ethereum went up to a price of 3800 USD and this was really extraordinary beyond my brain and I was very happy with the Ethereum explosion like this in the cryptocurrency market.
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The next ethereum updates within Ethereum 2.0 are expected in July and October this year. Therefore, I think that the price explosion of this coin will be in the fall. Although the price of ethereum has risen significantly in the past month, this is just the beginning. This coin is still clearly undervalued and if these stages are successful, it will grow many times over in both popularity and value. I think that its price even at ten thousand dollars will not be the limit.
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Recently, the price of Ethereum has been growing, but the price of gas is quite acceptable, but today there is too much load on the Ethereum network, and of course the first stage of Ethereum 2.0 was released and, perhaps because of it, transactions on the Ethereum blockchain have become cheaper, and of course we need to wait until all stages of Ethereum 2.0 will be released so after that the gas price on Ethereum blockchain will drop to the values to which it is possible.
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Recently, the price of Ethereum has been growing, but the price of gas is quite acceptable, but today there is too much load on the Ethereum network, and of course the first stage of Ethereum 2.0 was released and, perhaps because of it, transactions on the Ethereum blockchain have become cheaper, and of course we need to wait until all stages of Ethereum 2.0 will be released so after that the gas price on Ethereum blockchain will drop to the values to which it is possible.
I am a little surprised by the low transaction prices, since the demand for ETH is very high and the load on the network is also strong. In addition, it must be borne in mind that miners have already earned 30% more than their profit from the usual.
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Wow eth hit new record- 3850$,please go up and up,hope tomorrow 4k 8)
You only have to lick your lips when you remember the eth price 90-130 $ a year ago .... a missed opportunity to make 20x..... still I'm sure that there will be 5k at the end of May ... and maybe 10k at the end of the year, maybe this is very bold, but still quite possible. Hope :D
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ETH has being a project that has gotten the strength to survive over the long years, going alongside BTC, holding fast its position in the market. Now that ETH is having this issue of high gas fee, it will and is seriously affecting it in almost all round. In every weakness of a good project, there is room for another project to take its advantage. If this is not correct at the lunch of ETH 2.0, then the place of ETH would probably be taken by another. Concerning the price of ETH exploding, it will even get higher than its current price if the ETH 2.0 is a success as its appointed date and time.
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Overall, the Ethereum platform is far ahead of other platforms. But the most annoying thing about the Ethereum platform is that its extra gas is fee. It is only because of this problem that people are moving away from the Ethereum platform to the Binans smart chain platform. If the community didn't stay alert, they could lose their popularity.
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Ethereum has exploded at a price of 4000 USD and that is a very high value for Ethereum and this will definitely have an unwanted drop in price.
Right now the Ethereum market has gone down and will probably continue to fall until the time when all investors are afraid to buy Ethereum.
This is the cycle of a cryptocurrency price and it is sure to have a good time for Ethereum's price after exploding in March and April 2021.
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In terms of content, the price of mango in ether is now higher than before. These problems have caused Ethereum to move away from the Ethereum platform to the Binance Smart Chain platform. Community
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What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
The price of gas fees is increasing because many people transfer/send their ERC20 tokens. It leads to the increase of gas fees in the Ethereum system during the bullish season. People become more active in transferring their tokens because they want to get high profits in this bullish season. They know very well if the bullish trend can be over at any time, so they want to do their best and as fast as possible. But currently, crypto market is dumped, which makes people prefer holding their coins. So, we can see that the price of gas fees is decreasing as well.
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Position of crypto currency market is not good at the moment. I believe that will need much time to explode Ethereum because when Bitcoin was $58000 then Ethereum was only $2100 now Bitcoin is $38000 Ethereum is $2500. Last of the year Ethereum will reached his goal and will explode it,s my opinion.
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If we take a closer look at the Ethereum blockchain and the many crypto projects that are built on top of it, we can say that it is currently driving gas price unstable. I also think Ethereum will really explode before the end of 2021. In my opinion and observation, it can go up to 5000$..
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The best Ethereum Foundation announced today that will go live on the Ropsten testnet around followed by by Ethereum coin. All are estimates and could shift slightly depending on how long it takes blocks to be mined.
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I am one of the many people who favor Ethereum coins, even though there are so many problems that Ethereum is experiencing such as falling prices and expensive Gas, I still choose Ethereum for investment and trading. My hope is that Ethereum can bring me a lot of profit, whether it's sooner or later I'm optimistic that the price of Ethereum will to the moon.
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My answer is after eth 2.0 launches we will surely see a jump in the price of ethereum. I am now eagerly waiting for ethereum 2.0 not only for the price increase but also for ethereum as more easily useable with low gas fees.
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Based on my opinions concerning etherum explosion for now etherum may not explode as such expected because many factors fighting the Cryptocurrency industry currently but in the future to come I believe the fight will be over but some believe that in the years to come the etherum will grow massively in price above $5k.
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This time no one want eth will explode because fees too high but I"m sure after 2.0 release the problem will be solved. Eth not finish and keep trying to grow up, they have everything but how eth survive from bitcoin domination still mystery.
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I don't have any hope of seeing Ethereum explode because Ethereum is really going to be a super expensive coin in the future as everyone wants to invest in the long term.
I'm waiting in 2024 because that year for the month of May is the Bitcoin halving and I still want what I have always hoped for, namely the price of Bitcoin at the pump and Ethereum exploding.
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I don't have any hope of seeing Ethereum explode because Ethereum is really going to be a super expensive coin in the future as everyone wants to invest in the long term.
I'm waiting in 2024 because that year for the month of May is the Bitcoin halving and I still want what I have always hoped for, namely the price of Bitcoin at the pump and Ethereum exploding.
I guess even Ethereum explode it doesn't matter for you since you are planning ahead of time and that will be on 2024. Keep your Ethereum sleeping for that wonderful day of expectation comes to reality (I also hope best things to come for you mate).
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I am one of the many people who favor Ethereum coins, even though there are so many problems that Ethereum is experiencing such as falling prices and expensive Gas, I still choose Ethereum for investment and trading. My hope is that Ethereum can bring me a lot of profit, whether it's sooner or later I'm optimistic that the price of Ethereum will to the moon.
I am of the same opinion. Ethereum continues to update itself and the London hard fork, due on August 4th, should finally address the issue of expensive transactions on this network. It is unlikely that after this ethereum will explode in its price, however, in any case, I expect at least gradual, but growth of this coin. The next Shanghai hard fork should happen in October. At this time, most likely, a good general rise in prices in the cryptocurrency market will begin, and then ethereum can show much greater growth even in comparison with Bitcoin. It is predicted that the price of ethereum in the near future may rise to as much as $ 20,000.
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The Criptocurrency market of Ethereum With decentralized finance DeFi applications—which replace financial intermediaries with blockchain-based code tapping into Ethereum's network, every buy and sell order adds strain. As a result, transaction fees exploded this year, sometimes reaching triple-digit dollar amounts for single-digit transactions.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
Ethereum gas fee is big problem for investors and traders, As many people said.
It must be solved by Ethereum team.
And Ethereum gas fee is going down now.
But the market is struggling now, It also other problem.
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Ethereum prices have gone up a lot but at the same time transaction fees have gone up. In fact we have seen since the Ethereum Price went to the moon right away but the transaction fee has gone up. In fact, our problem is that we are not able to sell tokens due to such high gas fees.
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There is nothing new to say about Etherium. Ethereum is one of the best cryptocurrency coins but has already done so several times. Etherium but still cryptocurrency occupies a very good position. Since Ethereum makes cryptocurrency the second most popular, there is nothing new to say about this coin. Hopefully soon this coin cryptocurrency will go to a better level.
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Etherum right now like wa all know and are increasingly moaning about is very high fees which is game killer and other chains are scooping eth share of the market despite all this eth community coundn't care less which could be an evidence that eth right now is extremely undervalued since everyone know what will happen once eth 2.0 is globally accesible to everyone ... the price could easily skyrocket till 20 k
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
Time will tell, Ethereum team still improving to solve this problem.
Maybe when Ethereum 2.0 launched completely, this problem will be solved.
So, keep calm and wait the Ethereum progress.
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it seems to me that it has already begun, ethereum just flew up, I saw the price of ETH at $ 85 a little more than a year ago, now $ 4000 is just an explosion and it seems to me that this is not the limit, after the ETH 2.0 update there will be new ATH.
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I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)
In my opinion, Ethereum is always has biggest community at smart contract.
Maybe It will take several years, project will migrate to alternate smart contract platform.
But I still believe Ethereum team will have good solution.
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GAS Ethereum transactions can be expensive because Ethereum is also expensive, maybe this is a law of economics because the more expensive goods are, the more expensive taxes are too.
I mean, cryptocurrencies don't have taxes, but they do have something called transaction fees that allow the same thing as taxes. This is only my opinion !
The more expensive Ethereum is, the more expensive the transaction fees are seen from the decimal fraction of Ethereum, such as 0.00000011 gwei.
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GAS Ethereum transactions can be expensive because Ethereum is also expensive, maybe this is a law of economics because the more expensive goods are, the more expensive taxes are too.
I mean, cryptocurrencies don't have taxes, but they do have something called transaction fees that allow the same thing as taxes. This is only my opinion !
The more expensive Ethereum is, the more expensive the transaction fees are seen from the decimal fraction of Ethereum, such as 0.00000011 gwei.
You're right gas Ethereum transaction is depending on Ethereum price . When the ethreum price is so high, we can see the gas is high.
But we can do transaction at the right time when gas is low.
I think we can check it all the time.
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To be competitive, the current cryptocurrency will have to deal with high transaction fees. Therefore, some of them are already switching to free transactions in order to attract attention. The ethereum team will have to tackle this issue in the future, even though the network will continue to expand. I hope that after the upgrade, the bandwidth will increase so much that it will allow users not to artificially raise transaction fees and this problem will be solved by itself.
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I expect ethereum to see a significant price increase due to the successful completion of the ethereum network upgrade, which is scheduled for September 19th. But even in this case, in the conditions of a bearish period of the market, one should hardly expect an explosive growth in its price. But the upgrade of the ethereum network could push the entire market up. The end of September is just a very convenient period for this.
In addition, a lot will depend on how successfully ethereum solves the problems with scalability and high transaction fees.
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The good news is that the ether network will be updated and the price will rise, if everything is scheduled for September 19, then everything will be moved to another date.
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Gas fee is higher than is predicted by older holders because of enormous number of new users so it is move from owner and team to have much more money circulating. Market dominance of Ethereum is bigger than it use to be. In 2024 at the begining will be higher than 2023 bullish. That is just good start for explode in 2025 when by article is predicted to go over 7800$. Lets be patiente as always and believe in height of Ethereum.
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Ethereum prices experienced a 46% increase from January to July 2023. Ethereum is still facing short term concerns, reducing bullish momentums. Most analysts predict Ethereum prices between $1,100 to $2,000 for early 2023.
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Fact that Ethereum explode depends on supply circle.It get fast when buyers come and start buying either that be bear or bull market.Condition for explode value is when it is in bullish market that is predict be by start of next year.Steps in explode value will be for like bullish market every year ,higher than previous chart.So by 2025 expect rise like never before to 7800$ per one Ethereum.
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Ethereum's price is poised to explode is depend on supply circle.
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Explode in price value should be first see in early 2024 year when bullish market come around.Same thing is expect in better outcome in 2025 year when record price will be above 7800$ in value by big supply circle and market dominance along.So from next year we should expect bigger and bigger jumps price like never before.Fill your bags and get ready for bullish outcome profits soon.
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Explode in price value should be first see in early 2024 year when bullish market come around.Same thing is expect in better outcome in 2025 year when record price will be above 7800$ in value by big supply circle and market dominance along.So from next year we should expect bigger and bigger jumps price like never before.Fill your bags and get ready for bullish outcome profits soon.Reason being is popularity with new upgrade tools wallets will have and popularity that come.Even that Vitalik got stolen funds,Ethereum is in first 3 top cryptocurrencies.