BITCOIN will be $350,000 by August 25, 2024 - Robert Kiyosaki

[buwaytress]

P.S. I really need to go back to school and learn to differentiate fact and lie, huh.

This one is probably the most crap and nonsense prediction I ever heard about bitcoin this year. This is just his own way of making himself famous again even in the most foolish way. I don’t have worries for all who have been here for quite longer, as they have known already how bitcoin mostly moves unpredictably, but for newbies who only want quick and big profits, I’m sure they will die hard believing on this and might be more encourage to invest all in with bitcoin.

I don't make it my business to look at predictions, I only know of this because of the forum, but am pretty sure there are far more outlandish figures out there. Headlines usually starts something like "Rando who predicted 2016 crash makes $1 million BTC prediction".

Nothing wrong with diehard newbies, I mean, if they actually need that attitude to hold past a 4-year cycle, they'll enjoy it whichever entry they got.

[YOSHIE]

BITCOIN will be $350,000 by August 25, 2024

In my opinion, what @Robert Kiyosaki said was empty speculation, his words were baseless, that is nowadays the sultan is free to say whatever he wants, for example: @Robert said tomorrow will be the end of the world, maybe some people believe it, for me not.

Logically, if @Kiyosaki's reasons are this and that, what's the difference between August 25 2024 and now, can Bitcoin at the date above be controlled by them at that time, so it has to reach $350,000, this is speculation that doesn't make sense to me, that's speculation that can makeand expect to be disappointed.

August can only be counted on the fingers, no more than three months left, investors will have been waiting four years before that, you can see for yourself what happens to the price of Bitcoin.

[uneng]

It's not possible to state Bitcoin is going to hit 350.000$ when in fact it hasn't even reached six digits yet (100.000$). This kind of prediction is baseless and has as sole goal to generate views and traffic for the author. There are lots of people who keep repeating absurd things on the internet, because they know that is how they can make the algorithm works in their favour. It's an old marketing trick which has been working smoothly since the era of the printed media.

I'm just hopeful Bitcoin can continue growing by August 25, 2024, as we have been seeing since the beginning of this year. There are still tough challenges ahead, such as breaking the 72.000$ resistance line, and then conquering more levels until the 80,000$ and 90,000$, so we can finally start dreaming about the six digits for the first time in history! Being more realistic, that is what should be predicted regards Bitcoin progress by the end of 2024.

[wxa7115]

It's not possible to state Bitcoin is going to hit 350.000$ when in fact it hasn't even reached six digits yet (100.000$). This kind of prediction is baseless and has as sole goal to generate views and traffic for the author. There are lots of people who keep repeating absurd things on the internet, because they know that is how they can make the algorithm works in their favour. It's an old marketing trick which has been working smoothly since the era of the printed media.

I'm just hopeful Bitcoin can continue growing by August 25, 2024, as we have been seeing since the beginning of this year. There are still tough challenges ahead, such as breaking the 72.000$ resistance line, and then conquering more levels until the 80,000$ and 90,000$, so we can finally start dreaming about the six digits for the first time in history! Being more realistic, that is what should be predicted regards Bitcoin progress by the end of 2024.

True, I mean if a person showed us with some clear logic about why they thought the price of bitcoin will reach their predicted level, then even if I did not agree with it, I will be willing to call it a prediction.

But very often what we see in all the markets are not really predictions, but simply the wish of that particular trader, not that I think expressing their views this way is wrong, but it is clear there is nothing behind such view and we must consider that fact when deciding to give any weight to it.

[Iranus]

It's not possible to state Bitcoin is going to hit 350.000$ when in fact it hasn't even reached six digits yet (100.000$). This kind of prediction is baseless and has as sole goal to generate views and traffic for the author. There are lots of people who keep repeating absurd things on the internet, because they know that is how they can make the algorithm works in their favour. It's an old marketing trick which has been working smoothly since the era of the printed media.

I'm just hopeful Bitcoin can continue growing by August 25, 2024, as we have been seeing since the beginning of this year. There are still tough challenges ahead, such as breaking the 72.000$ resistance line, and then conquering more levels until the 80,000$ and 90,000$, so we can finally start dreaming about the six digits for the first time in history! Being more realistic, that is what should be predicted regards Bitcoin progress by the end of 2024.

True, I mean if a person showed us with some clear logic about why they thought the price of bitcoin will reach their predicted level, then even if I did not agree with it, I will be willing to call it a prediction.

But very often what we see in all the markets are not really predictions, but simply the wish of that particular trader, not that I think expressing their views this way is wrong, but it is clear there is nothing behind such view and we must consider that fact when deciding to give any weight to it.

When talking about bitcoin price predictions, I often see people making predictions based solely on their expectations and desires, very few people make objective predictions based on market data, the world economic situation as well as their experiences. That's why we get millions of results every time we talk about bitcoin price predictions during this bull season.

But I think there's nothing wrong with that because we all know bitcoin is unpredictable. Even if they tell us why they made that prediction, there is no guarantee that it will be more reliable or that it will happen.

Predictions are predictions, there are no regulations requiring people who want to make predictions to provide any evidence or data to get that result.

[milewilda]

It's not possible to state Bitcoin is going to hit 350.000$ when in fact it hasn't even reached six digits yet (100.000$). This kind of prediction is baseless and has as sole goal to generate views and traffic for the author. There are lots of people who keep repeating absurd things on the internet, because they know that is how they can make the algorithm works in their favour. It's an old marketing trick which has been working smoothly since the era of the printed media.

I'm just hopeful Bitcoin can continue growing by August 25, 2024, as we have been seeing since the beginning of this year. There are still tough challenges ahead, such as breaking the 72.000$ resistance line, and then conquering more levels until the 80,000$ and 90,000$, so we can finally start dreaming about the six digits for the first time in history! Being more realistic, that is what should be predicted regards Bitcoin progress by the end of 2024.

True, I mean if a person showed us with some clear logic about why they thought the price of bitcoin will reach their predicted level, then even if I did not agree with it, I will be willing to call it a prediction.

But very often what we see in all the markets are not really predictions, but simply the wish of that particular trader, not that I think expressing their views this way is wrong, but it is clear there is nothing behind such view and we must consider that fact when deciding to give any weight to it.

When talking about bitcoin price predictions, I often see people making predictions based solely on their expectations and desires, very few people make objective predictions based on market data, the world economic situation as well as their experiences. That's why we get millions of results every time we talk about bitcoin price predictions during this bull season.

But I think there's nothing wrong with that because we all know bitcoin is unpredictable. Even if they tell us why they made that prediction, there is no guarantee that it will be more reliable or that it will happen.

Predictions are predictions, there are no regulations requiring people who want to make predictions to provide any evidence or data to get that result.

Speculative market tag wont be called if its none speculative and since anyone does have the rights on telling their own prediction or speculation then its not really that shocking that prediction and guesses would really be flying around. It is really just that words turns out to be more that getting that too much attention if those speculations do come from known people or someone whose that popular or from those billionaires or institutions or whatever it would be. It is really just that making up that noise and much attention but its not really that something different into those ordinary traders or investors that we do have in the market.
This is why you should really be that careful and not really that being fomo'ed on the moment that you would be able to read up and made out some immediate decisions on buying or selling basing up into those words.
This is why it would really be that best that you should really be that observant and wont really be tending to act out just because of those words. Unrealistic approach or numbers could really be seen into this
market and this is why it would really be ideal that you should really be watching out with those things.

[Kemarit]

It's not possible to state Bitcoin is going to hit 350.000$ when in fact it hasn't even reached six digits yet (100.000$). This kind of prediction is baseless and has as sole goal to generate views and traffic for the author. There are lots of people who keep repeating absurd things on the internet, because they know that is how they can make the algorithm works in their favour. It's an old marketing trick which has been working smoothly since the era of the printed media.

Yeah, it's like Robert just pulled that number somewhere else, but for crypto enthusiast, we all know that it's not possible to get to that price in short amount of time. There's no way that suddenly big money is pouring in the market and pushing it hard because it's going to look very artificial and by that, Bitcoin could looking be like any other altcoin there, pure pump and dump and that's what we what to happen.

I'm just hopeful Bitcoin can continue growing by August 25, 2024, as we have been seeing since the beginning of this year. There are still tough challenges ahead, such as breaking the 72.000$ resistance line, and then conquering more levels until the 80,000$ and 90,000$, so we can finally start dreaming about the six digits for the first time in history! Being more realistic, that is what should be predicted regards Bitcoin progress by the end of 2024.

Who wouldn't want Bitcoin to grow by August, but there are a lot of factors to look it. But maybe around that time, the bulls has wake up already and then we will see new all time high around $80,000-$90,00 is possible. So just need to be patience here, that's one lesson we have learn here. It's the key and then we have to accumulate as much as we can so that we will be ready come bull run or parabolic rises.

[Iranus]

~snip

This is why you should really be that careful and not really that being fomo'ed on the moment that you would be able to read up and made out some immediate decisions on buying or selling basing up into those words.
This is why it would really be that best that you should really be that observant and wont really be tending to act out just because of those words. Unrealistic approach or numbers could really be seen into this
market and this is why it would really be ideal that you should really be watching out with those things.

Those with experience in the market will not be easily excited or tend to act immediately when seeing these exaggerated predictions, they always analyze and research themselves before taking action. But what's worrying is that newbies are easily agitated by these predictions. That's why I often protest or fight back when someone spreads wildly exaggerated information about bitcoin. Maybe we think that by doing so it will make bitcoin more popular or make it better, but we unintentionally harm newbies with such hype.

Similarly, what if newbies believe that bitcoin will reach $350k in the next bull season and they miss the opportunity to take profits? But in the end, no one can stop others from making their predictions.

[avp2306]

Speculative market tag wont be called if its none speculative and since anyone does have the rights on telling their own prediction or speculation then its not really that shocking that prediction and guesses would really be flying around. It is really just that words turns out to be more that getting that too much attention if those speculations do come from known people or someone whose that popular or from those billionaires or institutions or whatever it would be. It is really just that making up that noise and much attention but its not really that something different into those ordinary traders or investors that we do have in the market.
This is why you should really be that careful and not really that being fomo'ed on the moment that you would be able to read up and made out some immediate decisions on buying or selling basing up into those words.
This is why it would really be that best that you should really be that observant and wont really be tending to act out just because of those words. Unrealistic approach or numbers could really be seen into this
market and this is why it would really be ideal that you should really be watching out with those things.

No question he's good for motivating people and selling his books, but for crypto prediction? I guess not then now for sure he already know that he's so wrong regarding on the price he pulled off. Then this shows that people should not rely on what those self proclaim crypto experts opinion is true.

They better look for the basis regarding on their opinion then try to see if there's relevance since it really need to have a new huge cash to flow in the market before it happen. But I guess he failed to realize that and just over exaggerate everything so that people will get hype about bitcoin also his name will be highlight on the news since this is also a exposure for his name or brand. Being observant is important trait to have and we should not easily listen to any prediction given since bitcoin still unpredictable also so far nothing change regarding to that matter.

[shinratensei_]

It's not possible to state Bitcoin is going to hit 350.000$ when in fact it hasn't even reached six digits yet (100.000$). This kind of prediction is baseless and has as sole goal to generate views and traffic for the author.

honestly nothing wrong with throwing around some speculations after all other influential figure also does exactly that those big investment company also keep calling that Bitcoin eventually gonna reach million dollar each, but at the end its just speculation, whether the reader or the audience gonna believe its entirely up to them.

I'm just hopeful Bitcoin can continue growing by August 25, 2024, as we have been seeing since the beginning of this year. There are still tough challenges ahead, such as breaking the 72.000$ resistance line, and then conquering more levels until the 80,000$ and 90,000$, so we can finally start dreaming about the six digits for the first time in history! Being more realistic, that is what should be predicted regards Bitcoin progress by the end of 2024.

well yeah, honestly even in august bitcoin surpassing current resistance at $72k is already good enough, there are many speculators predicting that after it break resistance successfully the price of bitcoin will sky rocket probably making that target of $250k a lot more realistic when we seeing $100k target reached first hand and make holder more optimistic too.

but then again there's always possibility that robert kiyosaki just throwing around speculation for the sake of views. but i'm pretty sure that his bullish behavior toward bitcoin is not without reason probably he holds plenty of bitcoin in his hand.
but its just funnny that he keeps changing his prediction like literally in march he predicted by september it will hits $100k which pretty weak speculation from him, probably after seeing the all time high reached far ahead of what was projected by many speculators he finds the market more bullish than expected.

[Lucius]

He should say December not August and really the figure is just made up to get a headline, he has books to sell nothing more complicated then that.   He isnt lying but I have no doubt he'd be surprised if his prediction occurred and cursing not actually taking actions to match his words.
~snip~

It doesn't matter at all which month it is, out of twelve possible he chose one because it just came to his mind at that moment. Will he feel bad when in August the price of 1 BTC is not even $100k? Of course he won't because he knows that there are millions of people who have a memory that lasts no longer than 2 months and will be ready for the next big statement.

As for lying, if you know that something realistically cannot happen, and yet you publicly claim that it will happen, then it is a lie and nothing more.

[Bravut]

He should say December not August and really the figure is just made up to get a headline, he has books to sell nothing more complicated then that.   He isnt lying but I have no doubt he'd be surprised if his prediction occurred and cursing not actually taking actions to match his words.
~snip~

It doesn't matter at all which month it is, out of twelve possible he chose one because it just came to his mind at that moment. Will he feel bad when in August the price of 1 BTC is not even $100k? Of course he won't because he knows that there are millions of people who have a memory that lasts no longer than 2 months and will be ready for the next big statement.

As for lying, if you know that something realistically cannot happen, and yet you publicly claim that it will happen, then it is a lie and nothing more.

I kinda disagree with you, I believe People will be conscious concerning his prediction, awaiting the results most especially newbies who will jump into investing Bitcoin without any proper background after seeing such post. As you rightly said, it is not a matter of August or December, but such prediction is misleading and has no interpretation, since we ought to respect everyone opinion and speculation about the Bitcoin Market we need also be aware of such post that makes no meaning, thus working in accordance with our own view and not "Some elite, personality, organisation, speculators" view, which does no good rather than causing panic, manipulative, and fear in the market.

[Lucius]

@Bravut, the problem is precisely that many small investors listen to just such "experts", who in turn have some kind of past that gives them a certain credibility to talk about anything related to finance, although people do not take into account that someone who is an expert in economics generally does not must necessarily be a Bitcoin expert.

I am quite convinced that most beginners base their first investments in Bitcoin and altcoins precisely on the statements of various "experts" or perhaps it is better to say influencers who are paid to say what people need to hear at a given moment. I've been around too long to invest even one cent based on what people like Kiyosaki, Tom Lee or maybe Mike Novogratz say.

[Kemarit]

@Bravut, the problem is precisely that many small investors listen to just such "experts", who in turn have some kind of past that gives them a certain credibility to talk about anything related to finance, although people do not take into account that someone who is an expert in economics generally does not must necessarily be a Bitcoin expert.

I am quite convinced that most beginners base their first investments in Bitcoin and altcoins precisely on the statements of various "experts" or perhaps it is better to say influencers who are paid to say what people need to hear at a given moment. I've been around too long to invest even one cent based on what people like Kiyosaki, Tom Lee or maybe Mike Novogratz say.

Or those so called influencers has a lot of investment on the crypto that they shill, like in this case, Robert could have invested a lot of money already on Bitcoin and then wanted to profit this coming August so he goes to the media which is very uncanny for him although I have seen his face already since the pandemic in a lot of social media but not talking about crypto but all about financial advises.

But now he is on the next level of shilling for Bitcoin, LOL. But nevertheless, we all know that when people talks about how big Bitcoin will be in the next coming months, it's obvious for me that they've invested huge money in it. And most likely is target is newbies who might "believed" what he says based on his background and credibility and FOMO.

[Strongkored]

it's obvious for me that they've invested huge money in it. And most likely is target is newbies who might "believed" what he says based on his background and credibility and FOMO.

He has already said that he has Bitcoin and bought it at $6000 for about 30 BTC so he has been keeping it for quite some time.

It is common when a famous person who owns Bitcoin tries to influence the minds of many people with all his words because he understands his words will be heard by many people except those who already understand Bitcoin so they are no longer affected by his words.

Maybe it's the target price where he will sell his Bitcoin, waiting for a long time and not getting to that price so he needs to influence many people with his tweets, but I don't believe it he just said random things.

[OgNasty]

People need to start holding these influencers responsible for their ridiculous predictions that aren’t based on reality. Everyone needs to respond to comments like this with offers of a bet and taunts to put their money where their mouth is. Anyone want to bet that BTC hits $350K in August? I’ll take the other side of that bet all day long.

[mich]

Well this is now only in 2 months and I do not think we will see this price. Robert Kiyosaki is a smart man and I do not want to discredit his very 'bullish' idea for Bitcoin to be $350,000.
We can also see this man does not like to invest in Bitcoin etfs. He only does like to invest in Bitcoin.
https://www.cointribune.com/en/robert-kiyosaki-says-no-to-bitcoin-etfs-despite-his-enthusiasm-for-btc/