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/biz/ - Business & Finance

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22829440 No.22829440 [Reply] [Original]

ETH gas completely returned to normal. wtf changed?
i just swapped ETH for libertas and the gas fee was $3 and went through instantly. a week ago it would've been $50 and taken minutes. what changed?

>> No.22829550

>>22829440
Too much rug

>> No.22829578

Uni airdrop

>> No.22829590

>>22829550
what would scams have to do with it?
>>22829578
wouldn't that increase the usage and thus the gas prices?

>> No.22829596
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22829596

>>22829440
They have been actively integrating LRC (loopring) into their trading platforms. Gas fees will continue to drop. Screencap this

>> No.22829608

>>22829440
Sushi Swap was eating a ton of gas. Also things aren't as bullish, people are trading less. It doesn't take that much extra activity for the gas bid wars to start and prices to sky rocket.

>> No.22829614

>>22829440
scam devs are taking a well deserved vacation after winding down the yfi hype machine. In a week or two they'll start sounding the klaxons for NFTs and gas fees will pop back up to $100/tx as retards try to outbid each other on 5000ETH digital jars of gamer girl pee.

>> No.22829620

>>22829590
Liquidity farming ath = $45 gas fees
Everyone claiming UNI = $30 gas
No one using Eth in high volume because nothing is happening = $3 gas

>> No.22829650

>>22829614
based

>> No.22829732

>>22829440
The market is dying. Kek. (except Verasity) ... VRA actually fixes this if you think about it.

>> No.22829739

>>22829620
>No one using Eth in high volume because nothing is happening = $3 gas
So why i paid 0.20-0.35c in june per tx?

>> No.22829751

>>22829440
demand, retard, that's what changed. how the FUCK do you still not realize how gas works?

>> No.22829762
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22829762

>>22829614
am i retarded or are NFTs just a worthless meme?
>>22829732
>low gas fees is actually bad
ok shill
>>22829751
i don't see how demand dropped a billion percent so suddenly

>> No.22829764

>>22829590
It's scaring people out of defi.

>> No.22829844

>>22829762
>am i retarded or are NFTs just a worthless meme?
yes and yes

>> No.22829945

It’s great! I can’t wait to unstake my NXM. It was literally 197 dollars to unstake during the craziness

>> No.22830210

vitalik will do something before everyone turn to binance smart chan

>> No.22830321

>>22830210
No one will ne using that shit. Fantom takes over!

>> No.22830466
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22830466

Entering bearish market outlook. Even the stock market is bearish at the moment. I think most people are waiting to see what October brings for price action.