ETH is too much dependand on very few ppl... if the price will go that high, it will be caused by inexperienced buyers.
There are still plenty of issues with ETH and risks. If the price will go again over €350, it will be based on a pure speculations.
How many of you are actually using any smart-contracts, or using ETH for payments?
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every currency have some issue is that matters?
yes you are right its much dependent of ppl but it is the prediction of many marketer that ethereum will go high...