Quote from: samuraijin on August 20, 2020, 01:10:04 PM

Quote from: durilup on August 18, 2020, 04:32:36 PM

I feel this year we can see ethereum back at $1200 because more and more people join DeFi projects and that's why I think it will be a bullrun . But as we know every investment has their own risks

$ 1200 is too fast for the current ethereum price even this year, even though the market is bullish, the price will not increase that fast, it needs to process and slowly to get it, about Defi there are still many scammers taking advantage of it, but I think we need to touch it $ 600

People were not blindly buying ethereum. THey were buying ethereum caused by they wanna try to be the validator in the POS network. It's not the same as 2017 when ico bubble became a very big trend and people were massively buying ethereum to invest in the ico.

Ethereum will not get the same bullish trend like when it was touching the ATH.