Will ETH Hit $10K if Vitalik Wins Nobel Prize?

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Quote from: Ricardo11 on October 10, 2024, 10:49:04 AM

Vitalik Buterin has been seen as a dark horse for the 2024 Nobel Prize in Economics. Ethereum's co-founder is considered an "unconventional" pick, but his contributions are undeniable.

Economists Tyler Cowen and Alex Tabarrok, creators of Marginal Revolution, recently made their picks for who could win the 2024 Nobel Prize in Economics.

In what he referred to as an "unusual pick," Cowen said that, given the chance, he would choose Ethereum co-founder and computer scientist Vitalik Buterin.

When he and co-host Tabarrok discussed their views on the merits of theoretical economics, both agreed that Buterin deserved the award because "he actually did something in monetary economics."

Per Cowen:

"Vitalik created a platform, coined a currency, you might say, disproving Mrs. Regression Theorem in the process, obviously following in Satoshi's footsteps, but my goodness, what does one have to do to get a Nobel Prize?"

Economist Tyler Cowen nominated Ethereum co-founder Vitalik Buterin for the Nobel Prize in Economics. American economist and professor Tyler Cowen recently suggested that Vitalik Buterin should receive a Nobel Prize for his significant contributions to financial economics and mechanism design through Ethereum.

So if Ethereum co-founder Vitalik Buterinok gets a Nobel Prize, could this development push Ethereum to $10,000?

Source link:
https://coingape.com/markets/will-ethereum-price-hit-10k-if-vitalik-wins-nobel-prize/
https://cointelegraph.com/news/vitalik-buterin-darkhorse-2024-nobel-prize-economics

It's higly probable.

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Quote from: passwordnow on October 29, 2024, 10:56:59 PM

There could be some motion with that him winning a nobel prize but I don't think that it's going to be the main factor if Ethereum reaches $10k at some point of time. While that's one of the price that I aiming to sell a few of my ETH but I do think that it's going to be mainly because of the bull run.

If there will be some other factors, it'll be good if that awarding will be exact on the time of bull run. It may not be this year but maybe by 2025. I think with all of those factors come together at good timing, that's going to make Ethereum at that price. But if that's the sole reason, I am not convinced that it will be. I didn't know that Vitalik could get into this, is there any nomination?

Good timing and BTC growing as the rally for it during the Bull grows may be the factors that would push ETH forward in 2025, in my opinion, too.
The nomination can create a good news field around the whole ETH, but not as much as pushing its price for a long time.

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There could be some motion with that him winning a nobel prize but I don't think that it's going to be the main factor if Ethereum reaches $10k at some point of time. While that's one of the price that I aiming to sell a few of my ETH but I do think that it's going to be mainly because of the bull run.

If there will be some other factors, it'll be good if that awarding will be exact on the time of bull run. It may not be this year but maybe by 2025. I think with all of those factors come together at good timing, that's going to make Ethereum at that price. But if that's the sole reason, I am not convinced that it will be. I didn't know that Vitalik could get into this, is there any nomination?

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Quote from: bitterguy28 on October 29, 2024, 01:36:28 AM

Quote from: Rampagoe004 on October 25, 2024, 08:36:07 AM

Quote from: bitterguy28 on October 22, 2024, 08:38:35 AM

well like what have said above this sounds impossible to happen though I am not degrading Vitalik's effort and contribution to the crypto world.

But asking iof Ethereum can reach 10k? of course even without Nobel prize this is possible but in right time and not in the soonest time .

Yes I agree, of course Ethereum reached $10 thousand at the right time, we cannot accurately predict every coin in existence, including Bitcoin. In the history of crypto, anything can happen, nothing is impossible, everything unexpected happens suddenly. We also need to remember that Bitcoin in the past few years was around $50+ thousand, this would have been a price consideration for Ethereum. I am very sure that Ethereum is the main coin after Bitcoin.
If Bitcoin rises to the highest level, Ethereum will also reach $10 thousand at some point in the future.

Of course this market is full of speculative but also correct that nothing is impossible here specially if you can wait for longer time than just an easy outcome.

Have bought Ethereum since couple years ago and still waiting for the perfect timing to release my holding .
.
Also while we are waiting ,just make sure that we c are looking for Bitcoin first before Ethereum .

How green your bag is already and what target do you put to get out? Grin

Hopefully, you will make it out like a champ.
On a side note - yeah, BTC needs to be on the watch to see the ETH rise.

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Quote from: Rampagoe004 on October 25, 2024, 08:36:07 AM

Quote from: bitterguy28 on October 22, 2024, 08:38:35 AM

well like what have said above this sounds impossible to happen though I am not degrading Vitalik's effort and contribution to the crypto world.

But asking iof Ethereum can reach 10k? of course even without Nobel prize this is possible but in right time and not in the soonest time .

Yes I agree, of course Ethereum reached $10 thousand at the right time, we cannot accurately predict every coin in existence, including Bitcoin. In the history of crypto, anything can happen, nothing is impossible, everything unexpected happens suddenly. We also need to remember that Bitcoin in the past few years was around $50+ thousand, this would have been a price consideration for Ethereum. I am very sure that Ethereum is the main coin after Bitcoin.
If Bitcoin rises to the highest level, Ethereum will also reach $10 thousand at some point in the future.

Of course this market is full of speculative but also correct that nothing is impossible here specially if you can wait for longer time than just an easy outcome.

Have bought Ethereum since couple years ago and still waiting for the perfect timing to release my holding .
.
Also while we are waiting ,just make sure that we c are looking for Bitcoin first before Ethereum .

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Quote from: bitterguy28 on October 26, 2024, 04:00:38 AM

Quote from: logfiles on October 19, 2024, 05:48:02 PM

I don't think there would be any price explosion at all. I think cryptomarket is way past that. With the approval of ETFs for both Bitcoin, you would think by now Bitcoin would way more worth than it is today. Perhaps above $100K and Ethereum at about $10K, but that's not the case today.
Vitalik may win the Nobel Prize but price wise, I doubt if there will be any life changing movements.

But will Vitalik really can win Nobel? 😅

Also there may be a change of movement but not to break 10k for Ethereum as we are heading to 100k for Bitcoin .

And how much are we expecting here ? At least 5k for ETH would be a good amount to look at.

As it was said - it may be a possibility, but it wouldn't be disclosed until 50 years later if he was to be really nominated, as d5000 said.
It's more of a speculation that would affect ETH.

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Quote from: Abiky on October 24, 2024, 02:11:56 PM

Why would ETH hit a new ATH because of Vitalik getting a nobel prize? Isn't crypto all about decentralization? What happens with Vitalik (either good or bad) is his problem. We're looking at Vitalik as if he was some sort of a CEO of a company. Just like how stocks work. Positive news like these should be able to boost market prices within the short term. But only because of the hype. Long-term speaking, prices will go higher if demand for ETH persists.

Yeah, I think there is no connect on there and I find it funny when I read the title. People nowadays just keeps on connecting the dots. I think this is a sign that they are too much focused on here which is not a good thing anymore but anyway, the explanation would be on why some people like the OP think of it, is because this is a positive news and maybe the ETH team will do some celebration like pumping their own coin?

The community can also do the same thing. Same goes about the recent Election talks and its rumour involvement with Bitcoin. On some past news like the Ripple's case. People have the same impression too and it seems they are correct because I think the price of XRP have risen up, moments later.

Yeah, the main purpose of crypto is decentralization but later there are cryptos like ETH that offers the opposite thing which is centralization but I think this has nothing to do anymore on our topic here. What happens to Vitalik is his main problem but it might cause a ripple effect in the ETH community. Vitalik getting a Nobel prize can mean that ETH performs well or it is a good and useful coin and they might try even harder after it and that boosts the demand of the coin greatly.

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Quote from: logfiles on October 19, 2024, 05:48:02 PM

I don't think there would be any price explosion at all. I think cryptomarket is way past that. With the approval of ETFs for both Bitcoin, you would think by now Bitcoin would way more worth than it is today. Perhaps above $100K and Ethereum at about $10K, but that's not the case today.
Vitalik may win the Nobel Prize but price wise, I doubt if there will be any life changing movements.

But will Vitalik really can win Nobel? 😅

Also there may be a change of movement but not to break 10k for Ethereum as we are heading to 100k for Bitcoin .

And how much are we expecting here ? At least 5k for ETH would be a good amount to look at.

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Quote from: Abiky on October 24, 2024, 02:11:56 PM

Why would ETH hit a new ATH because of Vitalik getting a nobel prize? Isn't crypto all about decentralization? What happens with Vitalik (either good or bad) is his problem. We're looking at Vitalik as if he was some sort of a CEO of a company. Just like how stocks work. Positive news like these should be able to boost market prices within the short term. But only because of the hype. Long-term speaking, prices will go higher if demand for ETH persists.

Nonetheless, $10k seems feasible to me within the next decade. The ones who'll ultimately win are validators (stakers). Not the "hodlers". Validators will keep earning ETH regardless of market prices. Once the cryptocurrency reaches a new ATH, they'll be able to earn 2x - 4x profits than the rest of the pack. The way ETH is designed right now, opens up the doors for centralization. The future is unpredictable, so I'd hope for the best. Cheesy

Well anything good about crypto, makes crypto prices go up because while it is decentralized, it isn't Vitalik buying ETH to make it high, it is people celebrating his award to make it high. So it would still be us that buys the coin to make it go up, if that ever happened. Obviously he didn't, the results are in, he didn't win, and we are not seeing it go up because of it.

I am just talking about in theory why that would happen, such as any news that is big from any famous person could make it go up. Think of the time Elon talked about doge and how that went up in price as well, we didn't really know the main reason, he just said he liked it, did he made it go up? No, we made it go up because of it, same reason would apply here.

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Quote from: Abiky on October 24, 2024, 02:11:56 PM

Why would ETH hit a new ATH because of Vitalik getting a nobel prize? Isn't crypto all about decentralization? What happens with Vitalik (either good or bad) is his problem. We're looking at Vitalik as if he was some sort of a CEO of a company. Just like how stocks work. Positive news like these should be able to boost market prices within the short term. But only because of the hype. Long-term speaking, prices will go higher if demand for ETH persists.

Right? crazy how people think of vitalik as like a CEO of company while we're talking about blockchain, where things just gonna run on its own even without the founder present.

people fearing vitalik gonna sell his bags of ETH is fair, because it means some of his fans will also try to sell their bag, but this noble prize is among the less relevant factor that could pump the price up.
maybe people should focus on something that could affect their price more, institutional adoption like deployment of defi made by big financial institutions in the network and the ETF Grin

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Quote from: bitterguy28 on October 22, 2024, 08:38:35 AM

well like what have said above this sounds impossible to happen though I am not degrading Vitalik's effort and contribution to the crypto world.

But asking iof Ethereum can reach 10k? of course even without Nobel prize this is possible but in right time and not in the soonest time .

Yes I agree, of course Ethereum reached $10 thousand at the right time, we cannot accurately predict every coin in existence, including Bitcoin. In the history of crypto, anything can happen, nothing is impossible, everything unexpected happens suddenly. We also need to remember that Bitcoin in the past few years was around $50+ thousand, this would have been a price consideration for Ethereum. I am very sure that Ethereum is the main coin after Bitcoin.
If Bitcoin rises to the highest level, Ethereum will also reach $10 thousand at some point in the future.

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Quote from: Ricardo11 on October 10, 2024, 10:49:04 AM

Vitalik Buterin has been seen as a dark horse for the 2024 Nobel Prize in Economics. Ethereum's co-founder is considered an "unconventional" pick, but his contributions are undeniable.

Economists Tyler Cowen and Alex Tabarrok, creators of Marginal Revolution, recently made their picks for who could win the 2024 Nobel Prize in Economics.

In what he referred to as an "unusual pick," Cowen said that, given the chance, he would choose Ethereum co-founder and computer scientist Vitalik Buterin.

When he and co-host Tabarrok discussed their views on the merits of theoretical economics, both agreed that Buterin deserved the award because "he actually did something in monetary economics."

Per Cowen:

"Vitalik created a platform, coined a currency, you might say, disproving Mrs. Regression Theorem in the process, obviously following in Satoshi's footsteps, but my goodness, what does one have to do to get a Nobel Prize?"

Economist Tyler Cowen nominated Ethereum co-founder Vitalik Buterin for the Nobel Prize in Economics. American economist and professor Tyler Cowen recently suggested that Vitalik Buterin should receive a Nobel Prize for his significant contributions to financial economics and mechanism design through Ethereum.

So if Ethereum co-founder Vitalik Buterinok gets a Nobel Prize, could this development push Ethereum to $10,000?

Source link:
https://coingape.com/markets/will-ethereum-price-hit-10k-if-vitalik-wins-nobel-prize/
https://cointelegraph.com/news/vitalik-buterin-darkhorse-2024-nobel-prize-economics

Why would ETH hit a new ATH because of Vitalik getting a nobel prize? Isn't crypto all about decentralization? What happens with Vitalik (either good or bad) is his problem. We're looking at Vitalik as if he was some sort of a CEO of a company. Just like how stocks work. Positive news like these should be able to boost market prices within the short term. But only because of the hype. Long-term speaking, prices will go higher if demand for ETH persists.

Nonetheless, $10k seems feasible to me within the next decade. The ones who'll ultimately win are validators (stakers). Not the "hodlers". Validators will keep earning ETH regardless of market prices. Once the cryptocurrency reaches a new ATH, they'll be able to earn 2x - 4x profits than the rest of the pack. The way ETH is designed right now, opens up the doors for centralization. The future is unpredictable, so I'd hope for the best. Cheesy

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Quote from: TastyChillySauce00 on October 22, 2024, 07:18:04 PM

depends, I know nobel prize is great, but do speculators on the market will put much attention to it, I wonder if that's to be the case.

best case scenario ETH would be having some rally but I doubt it will go beyond $4k though, I think speculator in the market won't justify winning nobel prize as enough cause to pump the market essentially multiplying its already giant market cap.
but if it's just some rally, then I guess it will. definitely not $10k.

Yep, and as it was said, it wouldn't be done on a whim.
Also, if there is a rally, it would be corrected pretty fast, in my opinion Grin

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depends, I know nobel prize is great, but do speculators on the market will put much attention to it, I wonder if that's to be the case.

best case scenario ETH would be having some rally but I doubt it will go beyond $4k though, I think speculator in the market won't justify winning nobel prize as enough cause to pump the market essentially multiplying its already giant market cap.
but if it's just some rally, then I guess it will. definitely not $10k.

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Quote from: bitterguy28 on October 22, 2024, 08:38:35 AM

well like what have said above this sounds impossible to happen though I am not degrading Vitalik's effort and contribution to the crypto world.

But asking iof Ethereum can reach 10k? of course even without Nobel prize this is possible but in right time and not in the soonest time .

Also, the reward has been published, he didn't get the award. Not that this is any shock to anyone, obviously we knew he wouldn't be even nominated let alone win, but at the very least we have the results now so this would be time to share he didn't win the award. He is not going to win the award in the future neither, dude did nothing all that crazy.

These people usually come from academics background when they win, and do years and years of research and even in most cases more than one people combine their shared research together to build one good thing to win the award. This time around, it was three different people who won it together, and the award didn't go to a single person, so we should probably not expect Vitalik to have any type of chance at this.

I understand wanting him to win, of course I like the dude as well and I would be delighted if he won, just because I think he won't win, doesn't mean I do not want him to win, I like him personally and would want to see him get it, but we all know he won't.

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well like what have said above this sounds impossible to happen though I am not degrading Vitalik's effort and contribution to the crypto world.

But asking iof Ethereum can reach 10k? of course even without Nobel prize this is possible but in right time and not in the soonest time .

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If the price of Ethereum coin is 10k dollars, you can win the Nobel Prize, it requires a long process. Since the price of this ethereum coin was still touching $2600, it is more likely to be $5 to $8000 at maximum pumping. But $10k is more likely after this bull run. And he will try his best to win the Nobel Prize this year, but more holders are needed, so the more holders increase, the faster the price of Ethereum coins will increase.

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I don't think there would be any price explosion at all. I think cryptomarket is way past that. With the approval of ETFs for both Bitcoin, you would think by now Bitcoin would way more worth than it is today. Perhaps above $100K and Ethereum at about $10K, but that's not the case today.
Vitalik may win the Nobel Prize but price wise, I doubt if there will be any life changing movements.

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Quote from: Ricardo11 on October 10, 2024, 10:49:04 AM

Economist Tyler Cowen nominated Ethereum co-founder Vitalik Buterin for the Nobel Prize in Economics.

That is imo impossible, because in the Nobel Prize nomination process you can see that those who are invited to nominate a candidate cannot reveal the name until 50 years later.

What you probably meant (according to the first part of the post) is that this economist speculated about Vitalik being nominated eventually or that it could be possible that he wins the prize.

I think however if anybody then Nick Szabo deserves the Sveriges Riksbank prize (which is not a traditional Nobel prize), because he introduced the concept of smart contracts in the 90s. And smart contracts on blockchain basis were implemented by several teams in 2013-15.

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Vitalik Buterin has been seen as a dark horse for the 2024 Nobel Prize in Economics. Ethereum's co-founder is considered an "unconventional" pick, but his contributions are undeniable.

Economists Tyler Cowen and Alex Tabarrok, creators of Marginal Revolution, recently made their picks for who could win the 2024 Nobel Prize in Economics.

In what he referred to as an "unusual pick," Cowen said that, given the chance, he would choose Ethereum co-founder and computer scientist Vitalik Buterin.

When he and co-host Tabarrok discussed their views on the merits of theoretical economics, both agreed that Buterin deserved the award because "he actually did something in monetary economics."

Per Cowen:

"Vitalik created a platform, coined a currency, you might say, disproving Mrs. Regression Theorem in the process, obviously following in Satoshi's footsteps, but my goodness, what does one have to do to get a Nobel Prize?"

Economist Tyler Cowen nominated Ethereum co-founder Vitalik Buterin for the Nobel Prize in Economics. American economist and professor Tyler Cowen recently suggested that Vitalik Buterin should receive a Nobel Prize for his significant contributions to financial economics and mechanism design through Ethereum.

So if Ethereum co-founder Vitalik Buterinok gets a Nobel Prize, could this development push Ethereum to $10,000?

Source link:
https://coingape.com/markets/will-ethereum-price-hit-10k-if-vitalik-wins-nobel-prize/
https://cointelegraph.com/news/vitalik-buterin-darkhorse-2024-nobel-prize-economics

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