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Author Topic: BITCOIN will be $350,000 by August 25, 2024 - Robert Kiyosaki  (Read 547 times)
Oshosondy (OP)
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June 06, 2024, 10:46:06 AM
 #1

I saw this on X
https://x.com/theRealKiyosaki/status/1798476195232973066?t=Yj4SD273MFzq68WrQVdQ0A&s=35

BITCOIN will be $350,000 by August 25, 2024 is not a lie. It’s a prediction. It’s speculation, it’s an opinion, but it’s not a lie. It’s suckers bait, but it’s not a lie becuase any prediction about the future is not a lie. I want $350,000 BITCOIN to be a fact, and I want it to be true…. but it is only a prediction. I am confident Bitcoin will hit $350,000 sometime in 2024 but for it’s only a target, a dream, and a wish.  I keep buying more Bitcoin, Ethereum, and Solana, because quite certain their prices will continue to rise. Why am I so confident?  Is it because I am certain about BC, Ethereum, and Solana?  My answer is “No.” What I am confident of is the incompetence of our leaders, President Biden, Treasury Secretary Yellin and Fed Chair Powell. Those three are the 3-Stooges in real life and I am certain, I am very confident about their incompetence.  Take care. Buy more Gold, Silver, Bitcoin, Solana, and Ethereum.  Protect your self from the 3- Stooges.

People that are experienced will know that he also meant that bitcoin may not get to $350000 in August or before the time but this can mislead people that are new. What we are expecting are all-time-high and six digits. I do not think bitcoin will make it up to $350000 on the next 5 years or more. I accept that bitcoin price will continue to increase than decrease in long period of time.

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June 06, 2024, 10:50:43 AM
 #2

Robert Kiyosaki is known for catching fun with Bitcoin price prediction, maybe he derives joy doing that and his way of  farming engagement. I wouldn't advice anyone to take him seriously or use his projection as investment advice because I have lost count of how many times he has been wrong about the price of Bitcoin. One good thing is that Bitcoin have a way of humbling everyone because it is highly unpredictable.

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June 06, 2024, 10:51:42 AM
 #3

It's nothing bad to have a raised expectations on the bitcoin market price for the year of getting a new all time high of $350,000. At least if we target the sun and we couldn't achieve it, we may landed at the moon, there's high probability that we are going to see the market going beyond $100,000 and getting close to $200,000 towards the end of the year, the way to stay better safe is to invest and hodl now.

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June 06, 2024, 11:19:10 AM
 #4

Robert Kiyosaki is known for catching fun with Bitcoin price prediction, maybe he derives joy doing that and his way of  farming engagement. I wouldn't advice anyone to take him seriously or use his projection as investment advice because I have lost count of how many times he has been wrong about the price of Bitcoin. One good thing is that Bitcoin have a way of humbling everyone because it is highly unpredictable.
I used to be a fan of Robert's books and while I fancy his ideology on money, I have come across several of his wealth discussions on Instagram where he doesn't quite believe Bitcoin to be a good investment.
I don't know how he came up with such amount that Bitcoin would amount to in August this year, but it should be clear that there has been several predictions on how the price of Bitcoin would turn out to be before November this year and such predictions were even made before the halving happened and am sure what Kiyosaki has stated is just a figment of his imagination as there isn't any logic or truth behind what he claims to know the price of Bitcoin would turn out to be.

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June 06, 2024, 11:37:02 AM
 #5

Robert Kiyosaki is known for catching fun with Bitcoin price prediction, maybe he derives joy doing that and his way of  farming engagement. I wouldn't advice anyone to take him seriously or use his projection as investment advice because I have lost count of how many times he has been wrong about the price of Bitcoin. One good thing is that Bitcoin have a way of humbling everyone because it is highly unpredictable.
I used to be a fan of Robert's books and while I fancy his ideology on money, I have come across several of his wealth discussions on Instagram where he doesn't quite believe Bitcoin to be a good investment.
I don't know how he came up with such amount that Bitcoin would amount to in August this year, but it should be clear that there has been several predictions on how the price of Bitcoin would turn out to be before November this year and such predictions were even made before the halving happened and am sure what Kiyosaki has stated is just a figment of his imagination as there isn't any logic or truth behind what he claims to know the price of Bitcoin would turn out to be.
I agree with the speculation he made, because instead of the 3 henchmen he mentioned, one of them could be replaced by our respective governments which will basically always control our finances. In terms of speculation, I agree, but in terms of Kiyosaki's predictions, I'm not too serious about whether it will actually happen or not. Because what I believe is that Bitcoin will always be profitable for us in long-term investments. So it can't be helped, we also have to buy more bitcoin, and the 2 alts mentioned don't matter as long as we accumulate the profits into Bitcoin.

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June 06, 2024, 11:38:10 AM
 #6

Good thing he said it's just a prediction, because I think it's outlandish. I don't think even the most bullish of us could rationalize a way that Bitcoin would jump from $70k to $350k in the span of two months.

I used to be a fan of Robert's books and while I fancy his ideology on money, I have come across several of his wealth discussions on Instagram where he doesn't quite believe Bitcoin to be a good investment.

To be fair, a good number of people were adverse to Bitcoin initially. Michael Saylor immediately comes to mind.

But then the price kept going up and up and most of them realized that their opposition to it was making them look silly in hindsight, so they changed their opinions about Bitcoin after that.

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June 06, 2024, 12:25:47 PM
 #7

Robert Kiyosaki is known for catching fun with Bitcoin price prediction, maybe he derives joy doing that and his way of  farming engagement.
He really doesn’t need any more engagement but I guess he does this to remain relevant. Everyone knows that he has written multiple books about finance and entrepreneurship. Though personally I have not read any of it, I know lots who say it has helped them. I just don’t know how he is applying all his knowledge to bitcoin and cryptocurrency when he is spewing nonsense like this.
Quote
One good thing is that Bitcoin have a way of humbling everyone because it is highly unpredictable.
Everything about bitcoin is all speculation until it becomes what is being predicted. No one knows when and to what extent can bitcoin rise up to.

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June 06, 2024, 12:32:17 PM
 #8

Not really sure where Robert got this number though, but being in the market, at least we understand that this is pure speculation and I guess everyone could make a wild and educated??? guess.

Anyhow, he has been in the social media for the last year or so, and we all know that he talks about investment and he had one of the famous book. And the way I see it, just for the click and for the clout of it. So I will take everything with a grain on salt here, he might be a good investor or make millions already, but this is a different ball game for him, IHMO.

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June 06, 2024, 12:33:59 PM
 #9

Everyone here will want Bitcoin to reach that amount in that time, and anyone can predict an amount, especially when they clearly state that it is just a dream or wish and not an indication of where the market is heading. I do not see a way Bitcoin gets above $350k before August.

This may be Robert using his influence to boost the market value of assets he is holding and using that means to throw in Sol and ETH along with BTC.

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June 06, 2024, 12:35:16 PM
 #10

Robert doesn't have to do that and it's typically a trendsetter and hypemaker when these known people are making such high predictions.

I want to see that happen someday but not as soon as this August. Many have set it on their minds based on the cycle and such highs could happen by 2025 instead of this year.

Anyway, we know that not all high predictions are going to happen. More like 99% of these predictions won't happen but we understand that we'd definitely going to see another all time high soon.

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June 06, 2024, 12:37:26 PM
 #11

People that are experienced will know that he also meant that bitcoin may not get to $350000 in August or before the time but this can mislead people that are new. What we are expecting are all-time-high and six digits. I do not think bitcoin will make it up to $350000 on the next 5 years or more. I accept that bitcoin price will continue to increase than decrease in long period of time.

Everyone can have predictions, even non-experts. It's just that maybe they won't affect because of their status as not an expert. In terms of value, I certainly feel very happy if it really happens. But that value doesn't seem reasonable. I only predict Bitcoin could only reach a price of around $134K. But anything can happen, the market is always difficult to predict. But my prediction is only based on the ATH value after the Halving period 4 years ago.

R


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June 06, 2024, 12:48:39 PM
 #12

Not really sure where Robert got this number though,
He's just bullish whatever the season is in the market. I remember him always including Bitcoin with his financial talks and whatever podcasts or interviews that he's being asked.

He never fails to say and include Bitcoin with all of the potential assets that one should invest and this is why I understand him always bullish at all times.

No need to hurry for all of us, August 2024 seems unlikely but it's not impossible.

.
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June 06, 2024, 01:19:00 PM
 #13

One must always take into account the fact that no matter what the price of Bitcoin is on the date on which the so-called predictors rely, there will always be someone who will say, “I told you so.” We can cite dozens of analysts who occasionally call different prices for Bitcoin in different periods, whether it is growth or decline. It is important to understand that such people need their PR. But we cannot name a single prophet who would make an accurate forecast; these are always just coincidences. But there is history, and we must rely on it, always soberly assessing the information that the media and analysts impose on us.

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June 06, 2024, 01:29:27 PM
 #14

Come on, let's see who says the biggest rubbishj? Didn't we have enough with the last cycle? Exaggerated predictions abounded and look how it turned out. Even if it is sort of clickbait, a character like him should refrain from writing such headlines.

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June 06, 2024, 01:36:22 PM
 #15

It is long clear to me that the man throws around random numbers to promote a little - but it is not clear to me that this can be news that is worth discussing given that this man can say that 1 BTC will be worth even $ 2+ million - which means every day new number and new speculation.

Rich Dad’s boldest claim yet: Kiyosaki predicts Bitcoin to hit $2 million

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June 06, 2024, 01:49:48 PM
 #16

Not really sure where Robert got this number though, but being in the market, at least we understand that this is pure speculation and I guess everyone could make a wild and educated??? guess.
It seems totally random to me. I don’t know what his basis was for this speculation. Was it his gut feel or did he actually analyze the market? I don’t think analyzing the market would point towards 350k USD in no less than three months.
Quote
So I will take everything with a grain on salt here, he might be a good investor or make millions already, but this is a different ball game for him, IHMO.
Maybe he doesn’t understand crypto that well that’s why even though he has a significant amount of knowledge about business, he doesn’t seem to have the opinions of an expert.
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June 06, 2024, 01:51:01 PM
 #17

There have been lots of speculations as it regards to bitcoin price. Influencers and lots of others have predicted Bitcoin price to soar higher than it is now but till this moment bitcoin is gradually growing. I am certainly sure that Bitcoin price would go higher than its previous all time high but it would definitely be a gradual process to achieve that and moreover, kiyosaki is not the first to come publicly to make a statement as it relates to Bitcoin price. I do not doubt with their assertions.

 As a matter of fact the year is still running and we are in the middle of the year which means that there is still time and there is every possibility of Bitcoin price to increase at any point in time. So I really would not say anything about his prediction after all,  it is our wish and prayers that Bitcoin price gets to a bigger price  worth more than kiyosaki mentioned or predicted.

.
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June 06, 2024, 01:52:25 PM
 #18

Bitcoin is very difficult to predict. It will be $350,000 by 25th August 2024 which is unbelievable. It doesn't seem like the price of Bitcoin will go up that much in just 2 months. Currently the price of Bitcoin is $71,000, will it be $3,50,000 by August 25th? I saw in a news a long time ago that someone predicted that the price of Bitcoin will be 1 million dollars in June 2023, which did not come true. I don't think this prediction will come true either.

We can expect $100k by 2024. All are just guesses no one can make accurate predictions. We should not invest based on such predictions, investing in Bitcoin must be planned to hold for a long term. But let's see if this prediction comes true.

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June 06, 2024, 01:53:57 PM
 #19


People that are experienced will know that he also meant that bitcoin may not get to $350000 in August or before the time but this can mislead people that are new. What we are expecting are all-time-high and six digits. I do not think bitcoin will make it up to $350000 on the next 5 years or more. I accept that bitcoin price will continue to increase than decrease in long period of time.
Robert kiyosaki has been irrational with his numbers and lately he seems to be chasing after too much clout rather than being the financial guy he once was.

I know everyone is certainly being bullish at this time but being too specific with a particular time and date when a certain figure will be attained by Bitcoin would almost seems to suggest that Bitcoin is being manipulated by the big whales. I don't even know whales the quantity of Bitcoin he currently holds in preparation for such bullshit and since he seems to be an advocate for borrowing money to buy better asset, this could be the best time to borrow some tone of money and buy Bitcoin now that it hasn't gotten to $100k and just HODL it to few days and get his profit out of it. Isn't that an incredible business idea?. again he doesn't seems to be only bullish about Bitcoin but seems to be mixing a whole lot of things up. While he's making speculation about Bitcoin getting to $350k, he's still talking about Ethereum, Solana and even gold. For all I know, this is the least speculation I'm seeing that worth taking seriously. He's just making mere statement any newbie that's out there could just make and it wouldn't it matter.

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June 06, 2024, 02:04:07 PM
 #20

Clowns.  This is how I call these 'Prophets' of Bitcoin.

I do not even know how they can look up with no shame after so many failed attempts to show their accuracy in predictions.  The Internet was effectively filled up with such 'Prophets' back in 2014 to 2015 and all of them are no where to be found now.

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