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Author Topic: BITCOIN will be $350,000 by August 25, 2024 - Robert Kiyosaki  (Read 512 times)
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June 06, 2024, 02:18:24 PM
 #21

Since he is an influencer I think he tries to manipulate his followers to hoard more because something big is coming. For me this kind of thing is not that new in this industry. No one can really predict the market more accurately but as a crypto enthusiast and an investor we should have to prepare for it because anytime market will change especially if big players will ride on that and that might be an advantage for us to jump-in especially it is Bitcoin. Though $350k is somewhat impossible to reach that high this year but who know right?



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June 06, 2024, 02:28:28 PM
 #22

This is not the first time, Robert kiyosaki is predicting he did before and failed. This act is not funny, a Man of value like him should not be found online making stupid predictions and guesses. This is misleading especially newbies fallen for it, because they will tend to buy Bitcoin weigh above themselves believing such information because of the "value" accorded to him in Financial phase of Life.
I believe he is not aware that his reputation is in line with ths, imagine me disregarding such prediction, mehnn he needs "Advice". He has grown above this level of clout, influencing and insensitive write-ups.
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June 06, 2024, 02:37:34 PM
 #23

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.
In the outside world, I believe most newbies will reckon on all his posts and most of them would begin to purchase Bitcoin with huge amounts even beyond their financial reach, what a life as he chose to mislead people. All he said wasn't backed up by any data or fact so all he did was speculate with no level of correctness even the coming Bitcoin all time high is not expected to hit such a price. Bitcoin will specifically hit an all time high as most of us are keeping our heads up to see Bitcoin at $100k price value who would have thought of $350k if not this influencer doing this to catch some clout.

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June 06, 2024, 02:39:18 PM
 #24

This wild prediction from a short vulnerable time can go to $350K even though he said this is a prediction, this is speculation but not a lie which still makes no sense to us where the price of bitcoin will just shoot up without any resistance to market flows.

Robert Kiyosaki always predicts with high prices, maybe it's their belief that they keep a lot of assets in bitcoin and distrust their leaders, so he wants to protect his hedge in bitcoin.

For me this is too much and who doesn't want the price of bitcoin to $350K? Realistically it is not possible and for me it will happen in the next cycle.

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June 06, 2024, 04:17:41 PM
 #25

Since he is an influencer I think he tries to manipulate his followers to hoard more because something big is coming. For me this kind of thing is not that new in this industry. No one can really predict the market more accurately but as a crypto enthusiast and an investor we should have to prepare for it because anytime market will change especially if big players will ride on that and that might be an advantage for us to jump-in especially it is Bitcoin. Though $350k is somewhat impossible to reach that high this year but who know right?
Robert Kiyosaki has the right to speculate on the price of Bitcoin. We have heard some more crazy predictors like Samson Mow who predicted that Bitcoin will reach $1m in the middle of the year. Robert might also have other reasons for this prediction, which could include attracting more viewers to his social media handle. I don't take these predictions by all these influencers seriously because they do it sometimes for their own self-interest.

With the little time I have been around the Bitcoin environment, the price of Bitcoin is highly unpredictable, and it is very difficult for people to predict the price at a particular point in time. This is because the indicators that move to increase the price of Bitcoin are also unpredictable.

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June 06, 2024, 05:23:40 PM
 #26

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.
I do not like how he speculated it because it is deceiving. If you read it very well, you will noticed that he is indirectly implying that bitcoin may not get to that price, but that it will becoming increasing in price even though if the price do not increase significantly. And later relate it to US government and how the system is not better in a way to secure his wealth with fiat. I will also say it is uncalled for making speculation that can not be true. But I guess they are buying bitcoin and hyping it so that more people can buy it.

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June 06, 2024, 05:26:02 PM
 #27

Just another prediction from a known personality, this isn't something new in crypto there are so many people who would claims or predict a future price for Bitcoin, and we all know that when they predict the price it would always be exaggerated.
We are hoping it to enter 6 digit but, it would be too much for it to get into that price by this year.
I just don't understand if they would just round out or think of a price why not just jump into million right away?
The price that they are aiming and the date is just too much so why not aim for a higher amount?



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June 06, 2024, 05:53:16 PM
 #28

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.
There is a lot of price speculation on the internet, and this is just one of them. Someone who knows about Bitcoin too well will know that for Bitcoin to achieve that price in a short time, it appears unlikely and impossible, but those who might so much believe in Robert Kiyosak might take the statement very seriously and might even invest a heavy amount, expecting a large profit during that predicted period. 
 
And based on my own prediction, $350,000 doesn't even look achievable to me by August next year; we might see a shared range of maybe $150,000+ by 2025, which is an achievable price for me based on bitcoin performance.

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June 06, 2024, 05:55:22 PM
 #29

-snip-
I do not like how he speculated it because it is deceiving. If you read it very well, you will noticed that he is indirectly implying that bitcoin may not get to that price, but that it will becoming increasing in price even though if the price do not increase significantly. And later relate it to US government and how the system is not better in a way to secure his wealth with fiat. I will also say it is uncalled for making speculation that can not be true. But I guess they are buying bitcoin and hyping it so that more people can buy it.
Previously, R. Kiyosaki predicted that Bitcoin would reach $2 million, but that was never achieved in previous bullish cycles. This time, he made a forecast that seemed realistic especially regarding the numbers, but was hard to believe given the time frame he mentioned. It's really hard to imagine $71k becoming $350k in just two months, I can't believe that's a reality although it's possible the price could increase over that time frame.

If Robert Kiyosaki predicted that the price of bitcoin would reach $350k in 2025 (or at least before the end of 2025), then perhaps he could convince many people. But considering Robert Kiyosaki said $350k will be reached by August 2024, then I think his predictions will be misleading. Of course he can't be a good role model as an investment advisor, but the positive side of him is that he believes in bitcoin and loves talking about it.

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June 06, 2024, 08:07:32 PM
 #30

This is just his own speculations of the Bitcoin price and market for the year 2024, but then we have to make some data analysis before making such predictions unless he is just making the predictions based on just fun and nothing else, so for sure anyone can speculate whatever price their think it fit for the Bitcoin market in the year 2024.


But to say $350,000 in this year is a little bit out of proportion considering how much the volume and market cap, it won't be achievable or visible to have such an amount of price .

R


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June 06, 2024, 08:08:43 PM
 #31

Ever since I read Robert Kiyosaki's famous book titled "Rich Dad & Poor Dad" I have always been a big fan of his, due to the extent he takes to teach people about financial educatio, both old and current. Hence, for me, what I think he meant by this his recent tweet is the Bitcoin as a digital asset has potential to skyrocket in price anytime soon, and as such, if you are opportuned, it's advisable to buy now that it's affordable, rather than be among those who will regret tomorrow, hoping how they wished they had known to buy early. As this is not the very first time Robert Kiyosaki is speculating the price of Bitcoin as a financial coach.

R


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June 06, 2024, 08:36:41 PM
 #32

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.
If we do speak about these kind of speculation whether to a known billionaire, personality or popular person then it cant really be avoided that it would really be that creating some buzz on which we know that
whenever they do make out some price predictions then this would really be creating that kind of reaction specially if they are seeing those numbers which are indeed high or something that would be unrealistic in a short period of time. We've been through these kind of speculations which it did turns out to be a bet, like for this example;

Ex Coinbase CTO Wagers $2M on Bitcoin Reaching $1M by June
https://www.bsc.news/post/ex-coinbase-cto-wagers-2m-on-bitcoin-reaching-1m-by-june

So if these Billionaires do really speak about these stuffs, good thing that they do say that its just speculation. Well, we are all speculators on this market
and it would really be that free on making our own speculations and its none others business on what are views towards bitcoin or crypto market as a whole.

R


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June 06, 2024, 08:59:31 PM
 #33

I know that many of those self-acclaimed gurus are bent on forcing bitcoin to high heavens even though they don't have the power to do that. What surprises me is how they lost their shame, battered their integrity and are still even given attention to when they drop this garbage in the name of prediction. Just the minor gains the market experienced of recent, they are all out with their unfounded hypothesis. Bitcoin price will rice, there is no doubt about that but how high it will go and when it will go that high is what no one can tell and any attempt to say it with certainty will simply make one look stupid. August will pass, bitcoin might remain below $100k or a little above $100k and Robert will pretend he never dropped this prediction and still find a way to convince himself that he still has integrity.

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June 06, 2024, 09:22:48 PM
 #34

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.
That’s the excitement of having bitcoin, you can always speculate of its price due to its high volatility and uncertainty. No wonder why a lot of crypto influencers keep speculating about the future price of bitcoin, even if some of them are not realistic and practical anymore. Now, if we have studied the history of bitcoin, it’s up to us already if we’re going to believe and fall on the prediction of Kiyosaki or make our own prediction instead.

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June 06, 2024, 09:55:57 PM
 #35

But I guess they are buying bitcoin and hyping it so that more people can buy it.
That's how these known people influencing the others with what they can. This is the answer on how someone can help to improve adoption but this isn't going to work. All they do is to predict high prices with saying, "it will be this and that and to $xx". But then, the best predictions are with the analysis with the support how it is possible going to be there. Don't forget that there are also known folks that have predicted much on Bitcoin like Cathie Wood but it's going to be needing more years before it can finally achieved. Compared to this prediction of Robert Kiyosaki, in 2 months? I think that we've seen those people predicted too high in a short span of time but inaccurately.

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June 06, 2024, 11:24:29 PM
 #36

Just another prediction from a known personality, this isn't something new in crypto there are so many people who would claims or predict a future price for Bitcoin, and we all know that when they predict the price it would always be exaggerated.
We are hoping it to enter 6 digit but, it would be too much for it to get into that price by this year.
I just don't understand if they would just round out or think of a price why not just jump into million right away?
The price that they are aiming and the date is just too much so why not aim for a higher amount?
I don’t understand why these crypto influencers do not create practical and logical predictions, or is it just only me that is seeing that irrational way of thinking? Although everyone is free to predict, but if we’ll come up with various predictions, we should also make sure that they are reachable or achievable enough for that given period of time. Otherwise, I can only see that this one is only made to create hype and confusion to the people, most especially for newbies who easily bite this kind of prediction.

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June 07, 2024, 05:18:40 AM
 #37

August is not that far away. And as much as I would love this to be true, it most likely won’t be. Robert makes predictions like this all the time. For years he has been saying there will be a stock market crash and he was correct once during Covid and wrong every other year.

I don’t take his analysis seriously when I know he doesn’t have much experience in financial markets and he is just guessing about all these predictions. Or he is doing it just to generate buzz and exposure on the internet.

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June 07, 2024, 05:44:13 AM
 #38

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.
$350,000 already in August for bitcoin? Robert Kiyosaki prematurely inflates the likely price of btc. This can really give newbies false hopes, which means their subsequent disappointment in bitcoin. This is the danger of such forecasts, which should be voiced with caution, because the fan base of such talkers as Robert Kiyosaki is huge. Among whom there will certainly be followers who believe in these inflated forecasts.

Bitcoin will reach $350k one day, but not in a couple of months.

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June 07, 2024, 08:02:21 AM
 #39

Ever since I read Robert Kiyosaki's famous book titled "Rich Dad & Poor Dad" I have always been a big fan of his, due to the extent he takes to teach people about financial educatio, both old and current. Hence, for me, what I think he meant by this his recent tweet is the Bitcoin as a digital asset has potential to skyrocket in price anytime soon, and as such, if you are opportuned, it's advisable to buy now that it's affordable, rather than be among those who will regret tomorrow, hoping how they wished they had known to buy early. As this is not the very first time Robert Kiyosaki is speculating the price of Bitcoin as a financial coach.

Who haven't read his book though? It was a great inspiration for us on how he built an empire. However, he seems to be not just promoting his book now, but he has a lot of advises as well as he went to social media with a lot of interviews as it he wanted more attention.

Anyhow, we haven't heard from him in the beginning of Bitcoin or at least late 2017. He was just newly baptized if I'm not mistaken around 2019-2020 and now he is predicting this kind of numbers. Nothing against him, but as we have more experience, $350k is a long shot to hit this August.

R


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June 07, 2024, 08:10:03 AM
 #40

$350,000 already in August for bitcoin? Robert Kiyosaki prematurely inflates the likely price of btc. This can really give newbies false hopes, which means their subsequent disappointment in bitcoin. This is the danger of such forecasts, which should be voiced with caution, because the fan base of such talkers as Robert Kiyosaki is huge. Among whom there will certainly be followers who believe in these inflated forecasts.

Bitcoin will reach $350k one day, but not in a couple of months.

For me, Robert Kiyosaki is also a very inspiring figure in terms of enthusiasm for investing in BTC, but regarding his prediction that BTC will reach $350k, maybe one day that time will come, but in a process that won't happen in a month or two.

So, beginners may have high hopes, but right now I am realistic and have the highest belief that this year BTC will reach 90K and if it reaches 100K it will be beyond my expectations and very extraordinary.

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