Gas fees

[Bobcrypto]

Wait until some protocol that generates high demand appears for a few days and you'll see how much the rates can go up hehehe
The last time I saw a spike on the ETH network was on EigenLayer where I spent around 30 to 50 dollars to make 2 transactions hehehe
And what's more, it wasn't worth the return 

Transfer ETH is not so expensive.
Try to approve a spend, do the swap and a smart contract, you'll probably spend more than 10 USD 

The networks fees for Etheruem has been an issue especially when there is much traffic, due to higher demands. During the 2021 bull run, i noticed an extremely high transaction fees when i moved one of my ERC20 token from Myetherwallet to an exchange. As at that period, i paid $30 which was very high though the quantity of the tokens was was high and worth around $1500.

However, I thought that by now Etheruem fees should come down low but it has become a recurring issues, and I think many users might have adjusted to this High gas fees situations in my opinion.

[rdluffy]

In 2021 i have paid 80 usd for a Link > usdt swap! I used uniswap. It was ath...

Dark times! And it was worth it. So, unfortunately,  fees can skyrocket for a long time...

Wow bitmover, I don't remember seeing a more expensive rate than yours for a swap 
At that time I was mining ETH, so you certainly helped me earn a few more cents 

But it's impractical to charge fees as high as 80 USD
To give you an idea of comparison, I've farmed airdrops that spent less than 80 dollars in fees and spreads and earned more than 10x in total, over several months of farming

[bounceback]

Not stable yet with ERC20 gas fees after last three days ago drop drastically and right moment for moving coins with Ethereum network but right now gas fees up significant until 33 gwei. Its bad for altcoin holder with ERC20 network if want moving to CEX exchange need to pay high fees or difficult position for holder if their coins only available for selling at Dapp exchange how much fees spending for approving to swap coins.
If hold any coins with ERC20 network must prepare when gas fee down moving all your assets coins and trade at CEX exchange more comfortable without paying high fees.

[yohananaomi]

Usually this very cheap gas provides an answer to those who complain about the transaction costs on the Ethereum network which were quite high some time ago. At least we should take advantage of this cheap gas cost moment to increase the transfer of assets to the network that we have. Maybe Axie Infinite game players and other games based on the Ethereum network will take advantage of this opportunity well. Hopefully with this very reduced gas cost it can trigger an increase in the price of Ethereum higher than it is now.

Yes of course, this moment must be utilized if we are using this Ethereum network. Actually, if I notice, ETH gas is not too expensive lately compared to before.
Maybe the Ethereum network is not as dense as it used to be, because along with the growth of cryptocurrency until now, many new Blockchains have grown, where they compete to provide the best service to the community including this Gas cost.

If there is such momentum, it should be used as well as possible, and I agree with that, but it is natural that the ethereum network can be expensive because the price is already high and, of course, the traffic is quite dense, so that whoever can give more expensively is prioritized.
but it is true you say that, with the changing situation where many are growing and using other networks, it seems that the current gas fee may not be as expensive as in the past.

[Vx1]

If there is such momentum, it should be used as well as possible, and I agree with that, but it is natural that the ethereum network can be expensive because the price is already high and, of course, the traffic is quite dense, so that whoever can give more expensively is prioritized.
but it is true you say that, with the changing situation where many are growing and using other networks, it seems that the current gas fee may not be as expensive as in the past.

Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!

[sampoerna]

Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!

The problem is, when ERC20 tokens were still really dominant, we often had no choice but to keep taking the very high gas fee at that time, because sometimes if it was not sent immediately, the token price could immediately drop and even become shit tokens. That's why there was no choice but to keep going through the very high gas fee.

Unlike some of the newest networks now like Solana and BNB where the fee is very low, so whenever we will send it, it won't be a big burden for users.

[pieppiep]

If there is such momentum, it should be used as well as possible, and I agree with that, but it is natural that the ethereum network can be expensive because the price is already high and, of course, the traffic is quite dense, so that whoever can give more expensively is prioritized.
but it is true you say that, with the changing situation where many are growing and using other networks, it seems that the current gas fee may not be as expensive as in the past.

Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!

Such situations are quite common though when the transaction costs are high the only thing that can be done is to continue running it though it is cumbersome. It is important to note that Ethereum does have some technological and systems advantages but the unpredictable gas fees tend to cause issues for a lot of individuals. Sometimes, we anticipate the fall in the price, but when it finally goes down we do not have the necessity to transact. Situations like this make it clear that in the inter-net, the unknowns are as numerous as there are assets freely available. Thus, willingness to adapt, and the desire to remain sustainable in the long-term is one way on how we are able to deal with transactions more effectively without having to come up with a decision in a hasty manner.

[Stompix]

However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!

Bingo! Gas prices will go down only when there is no usage pressure.
When there is no usage at all it means no token activity and no smart contracts as they have all moved to other networks.
Once this happens, how would the price rise for a coin that is actively substituted by other coins?

[Vx1]

Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!

The problem is, when ERC20 tokens were still really dominant, we often had no choice but to keep taking the very high gas fee at that time, because sometimes if it was not sent immediately, the token price could immediately drop and even become shit tokens. That's why there was no choice but to keep going through the very high gas fee.

Unlike some of the newest networks now like Solana and BNB where the fee is very low, so whenever we will send it, it won't be a big burden for users.

That's the problem, when we need to transact the price of GAS ETH is expensive. So we have no choice but to keep doing it, and this often happens to almost everyone here. That's actually a risk for us, because we know Ethereum is known for its expensive transaction fees. And actually this is one of the things that people often complain about.

[rdluffy]

I think this is the lowest fees I saw this year 
I think these fees reflect a lot of the dissatisfaction of ETH users

[bitterguy28]

I think this is the lowest fees I saw this year 
I think these fees reflect a lot of the dissatisfaction of ETH users

ethereum is famous for its high fees but since it was indication of demand and high activity within the network it was almost fine and people did not have any problems paying for the fees but now it seems like not much activities are going through the network enough to lower the fees i think this could be a chance whether to buy or sell some ethereums you have that you have never gotten to sell because of the high fees

[salad daging]

I think this is the lowest fees I saw this year 
I think these fees reflect a lot of the dissatisfaction of ETH users

Just realized that the ETH gas fee is now cheap, imagine if it was really high, maybe many projects would switch to the ETH network.
When the network is congested then the gasfee will increase again so don't be surprised if this reflects the community's dissatisfaction with this coin.

[enwi]

I think this is the lowest fees I saw this year 
I think these fees reflect a lot of the dissatisfaction of ETH users

Just realized that the ETH gas fee is now cheap, imagine if it was really high, maybe many projects would switch to the ETH network.
When the network is congested then the gasfee will increase again so don't be surprised if this reflects the community's dissatisfaction with this coin.

Yes, the lower gas fees are beneficial for ETH ecosystem as transactions becomes cheaper, and those projects which were once cannot afford could utilise the network now. However, if the activity increases, gas fees can rise as well and that has been the trend for as far as I can remember. Nevertheless, it changing and fluctuating fees makes Ethereum very popular among developers and investors given the vast universe that surrounds this crypto. Looking at what is on the development process, there is every reason to believe that the network will continue to transform for the better, making it one of the most trusted networks in the crypto world.

[salad daging]

I think this is the lowest fees I saw this year 
I think these fees reflect a lot of the dissatisfaction of ETH users

Just realized that the ETH gas fee is now cheap, imagine if it was really high, maybe many projects would switch to the ETH network.
When the network is congested then the gasfee will increase again so don't be surprised if this reflects the community's dissatisfaction with this coin.

Yes, the lower gas fees are beneficial for ETH ecosystem as transactions becomes cheaper, and those projects which were once cannot afford could utilise the network now. However, if the activity increases, gas fees can rise as well and that has been the trend for as far as I can remember. Nevertheless, it changing and fluctuating fees makes Ethereum very popular among developers and investors given the vast universe that surrounds this crypto. Looking at what is on the development process, there is every reason to believe that the network will continue to transform for the better, making it one of the most trusted networks in the crypto world.

If the gassfee continues to be low as it is now, it is likely that the Ethereum ecosystem will be crowded again because the burden is the expensive fee for one transaction not to mention the approval transaction.
And indeed this is a fluctuation, maybe in the next few days it will still be cheap but see after the next 1 month whether there will be an increase or not?

[martinex]

If the gassfee continues to be low as it is now, it is likely that the Ethereum ecosystem will be crowded again because the burden is the expensive fee for one transaction not to mention the approval transaction.
And indeed this is a fluctuation, maybe in the next few days it will still be cheap but see after the next 1 month whether there will be an increase or not?

ETH gas has always been a hot topic until now but if it is dense I think it will increase because of the many requests or withdrawals. The most option is to choose the medium one if you want to send or wd to an account but before that it is better to check first with a tool using a gas estimator to optimize transaction costs.