Ethereum gas price ridiculously high

[sugarchrisp]

all hopes are for a network upgrade,but today the gas still reaches cosmic dimensions, sometimes it's even more than the amount of my tokens that i send!

[Papusha20]

The last few months used to cost a lot of gas fees because then a new site, Defi Site, came up.  Gas fees would have been much higher due to the arrival of this Defi site.  The token that I used to sell would not have a gas fee and what else would I do.  But now the gas fee is much lower than before.

[Muneeb22]

Now the BTC touch the 650$ and this is the highest price of the ETH coin but still it will not touch his high becasue last time its high is almost 1200$ and this time high is the 10,000$ minimum becasue BTC touch the 200,000$ this time.

[Ak600]

I just tried moving some token from my wallet and realized gas fee is 275 gwei, how can gas fee be ridiculously high. What is making it so high everyday. I think if Vitalik don't do something about this, people will start dumping ethereum. This upgrade of ETH 2.0 better solve this gas issue.

I agree with you.  What is the reason for the increase in gas fees so fast?  If there is so much gas fee then people will not be attracted to it.  So I would say to reduce the gas fee

[Condorlaib]

According to the developers, this situation should be resolved soon. At the very least, to reduce fees, we must manually assign transaction costs. Of course, in this case, the transaction will take much longer than the usual period.

[Sierra]

all hopes are for a network upgrade,but today the gas still reaches cosmic dimensions, sometimes it's even more than the amount of my tokens that i send!

yes it pushed the gas fees too high the exchanges were very taciturn when the price of altcoins were all rising but with short-term transactions there was almost no profit because the gas fees took all of our profits.

[rizqillah]

all hopes are for a network upgrade,but today the gas still reaches cosmic dimensions, sometimes it's even more than the amount of my tokens that i send!

Yes, It is true mate. The gas is still high..Many people hope Ethereum 2.0 launch will solve this problem, abut until now still high. Keep calm, maybe It just temporary because trafic. I hope we will see the gas become low at early next year.

[EthereumDev_]

I think it is very normal when there are very congested transactions, it will make the cost of transportation or gas to increase as the price of ethereum increases at the exchange, it can also have an effect on the value issued or used.

[Xinarae]

wheb huge transectin so ultimatly gas fee is high, This is a very easy way to transfer funds to a web wallet. That's why I think the web wallet is safer to use with a mobile phone than an electronic wallet. The risk is much less here and it is easy to keep your data safe on mobile. but if you can extra first transaction so you can set gas fee high.

[Azaleea]

I just tried moving some token from my wallet and realized gas fee is 275 gwei, how can gas fee be ridiculously high. What is making it so high everyday. I think if Vitalik don't do something about this, people will start dumping ethereum. This upgrade of ETH 2.0 better solve this gas issue.

Yes I agree, although I have never transacted, but I often hear about the same problem. In my opinion, there must be a regulation that changes it to be cheaper, so that Ethereum is even more interested

[Akhi600]

Yes you said the right thing and made a good topic.  That Ethereum Gas Free cuts a little extra so I would say it should be given a little attention.  Gas fees are not high

[Akhi600]

It is clear what happens today with the gas determined by ethereum is very disturbing, because all transactions will affect what will happen with the specified gas, because by sending something that is not big but the same as the cost of sending a little of course this will be a problem in itself .

But this gas will have nothing to do with investors still holding Ethereum to be an attractive investment. I hope this problem can be resolved and can return to the beginning.
although the goal is to speed up each transaction, it must also be adapted to the circumstances.

Yes you are right.  I understood well from your post and became clear.  Gas fees seem to be back to normal.  Now I think this fee is increasing depending on the investor

[Renampun]

I know that Ethereum's gas fee is ridiculous but ethereum is still a good investment...
the point is you have to see the right time to make transactions, when the network is congested then don't make transactions yet.

[Blaze]

When you see ethereum transaction fees that are increasingly becoming expensive, just enjoy it because it is a very reasonable movement when many platforms use Ethereum, it will make the costs even more expensive because of the density of transactions.

[AGM]

At this moment i am not agree you in this concern. I think ether gas price is reasonable now if you look into uniswap exchange then you will understand. I think ether will be more reasonable with in short time.