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Comment by lavrov

That position isn't supported by volatile transaction fee data - excepting spikes for spam or high traffic, the transaction fee denominated in dollars generally tracks the price of ETH. Probably because the overwhelming majority of ETH activity is speculative (60% of ETH held on exchanges), and traders view transaction fees as simply a percentage of gains/losses and are more amenable to paying higher fees.
parent lavrov 8 years ago

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