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Author Topic: Robert Kiyosaki then predicted bitcoin to $350k  (Read 1484 times)
2Pizza410000BTC
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December 24, 2024, 10:30:17 PM
 #81



I want to know, is this tweet specifically for his interest as he is already holding or what?
Let discuss why he though that amount is possible next year.
I think the prediction that Robert Kiyosaki made here is of particular interest to him. Bitcoin could hit $150k to $200k in 2025, but there are some concerns about that. However, I don't know if Robert Kiyosaki is investing in Bitcoin, but Bitcoin will go above $350k, but it will take time, maybe if not in 2025, it will definitely be possible one day.

We will move forward with the Bitcoin we hold, we will not worry about anyone's predictions. We also know that Bitcoin will be over a million dollars one day, whether today or tomorrow, because the future of Bitcoin is very bright. So no one should hesitate to hold Bitcoin.
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December 24, 2024, 10:52:13 PM
 #82

He is very bullish in Bitcoin and keeps on talking about the high prices and holding of it. With his talks and podcasts that I've heard long time ago, he always encourages people to buy Bitcoin. Bitcoin will reach $350k sure but we don't know when it will happen. $100k has firstly been reached and we have to take step by step until it reaches the next price targets. $120k, $150k, $170k and then go to the next stop of $200k. Looks hard for this cycle but the impossible has happened when Bitcoin broke $108k for this year.

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December 25, 2024, 12:04:59 PM
 #83

Kiyosaki has always been famous for his strange forecasts, even though many of them eventually came true. But I don't see any merit in this, he just got into the growth of Bitcoin, but lately he has been making very strange forecasts, and recently he gave two at once: a bad one and a good one. If I'm not mistaken about 60k and 350k.

A great way to say after reaching one of these values: "well, I told you so". On the other hand, I understand that he is just trying to stay in the information field.


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December 25, 2024, 12:26:22 PM
 #84

Yep.
No single decision would change Bitcoin / its rally / the narrative in people's heads.
It's always a combo of many factors playing out in different patterns and times.
Bitcoin will go through all of them. And become even better.
 Cool
Not only will those factors be a combination of people who will continue to hold and are still interested in buying Bitcoin, but there are also other factors such as the ownership of several large companies and also several governments that have started to look at Bitcoin as their long-term assets. Because from what Robert Kiyosaki said, of course the hope is in the long term not in the short term so that it could be true in the next bullrun cycle. Because for now it is still a bit far for Bitcoin to be able to be in that price range even though a price of that size is still quite reasonable to say now.

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December 25, 2024, 12:54:49 PM
 #85

Kiyosaki has always been famous for his strange forecasts, even though many of them eventually came true.
Are you sure you got that right, shouldn't it be the other way round, that is he is usually far from getting it right. I cannot remember any of his predictions that were correct, can you remind me if i missed it. However, that is not even the point, i get it that he is pro BTC, but sometimes he exaggerates, he has also been saying for a long time now that the U.S dollar is on its way to collapsing, which does not look true.

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December 25, 2024, 01:40:41 PM
 #86

He is very bullish in Bitcoin and keeps on talking about the high prices and holding of it. With his talks and podcasts that I've heard long time ago, he always encourages people to buy Bitcoin. Bitcoin will reach $350k sure but we don't know when it will happen. $100k has firstly been reached and we have to take step by step until it reaches the next price targets. $120k, $150k, $170k and then go to the next stop of $200k. Looks hard for this cycle but the impossible has happened when Bitcoin broke $108k for this year.


When? 2025. Cool

The U.S. will create a Strategic Bitcoin Reserve, no only under Trump's directive, but other states under the directives of their governors will create their Strategic Reserves as well.

BlackRock and other institutions/large asset managers are in with probably under 5% of their portfolios. I believe that that will increase next year.

I might sound like a broken record, but nation-states such as Russia will use Bitcoin as a way to weaken political strongholds.

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December 25, 2024, 02:07:11 PM
 #87

I might sound like a broken record, but nation-states such as Russia will use Bitcoin as a way to weaken political strongholds.
Imagine if that happens - the demand for Bitcoin would definitely surge, and such news would surely grab public attention. That kind of development could lead to a massive bullish turn, especially if it happens after Bitcoin has completed its bull run. The long-term effect would be very positive, particularly if more nations start adopting Bitcoin with friendly policies.

Right now, Bitcoin is recognized as property in Russia, but if soon they'll follow El Salvador’s lead and adopt it as legal tender, it would be monumental. And considering Russia’s alliance with China, who knows? They might even influence China to soften its stance on Bitcoin.

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December 25, 2024, 04:24:11 PM
 #88

Look, I would be super happy with this thing, i can't help but dream of a scenario like this.
I don't care about Trump, i cant care about the head of an entity, the state, which i consider a big and ugly criminal.
But the projection of bitcoin at 350k would bring me to tears of joy, because it would mean that i have invested my future retirement money well
This is just a random prediction since he didn't back it up with any analysis. But $350k is reasonable because with the rate at which the price is climbing, it could get to that point next year. Trump has been a driving force in this bull run but you are correct that without the government Bitcoin will still achieve its objective in this bull run. After all the price has been appreciating in the past without institutional investors or the government. I think investing for your retirement through Bitcoin is not a bad decision, you will benefit from it if you don't throw in the towel because of FUD.     

I don't know, 350k doesn't convince me now
I'm not the one to say that i am bad at making these considerations, but i has read those who understand and say that it's excessive unless Lummis comes into play
then yes, it would overturn any model we know up to now

I obviously follow as a person who wants to learn

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December 26, 2024, 05:54:08 AM
 #89

I might sound like a broken record, but nation-states such as Russia will use Bitcoin as a way to weaken political strongholds.

Imagine if that happens - the demand for Bitcoin would definitely surge, and such news would surely grab public attention. That kind of development could lead to a massive bullish turn, especially if it happens after Bitcoin has completed its bull run. The long-term effect would be very positive, particularly if more nations start adopting Bitcoin with friendly policies.

Right now, Bitcoin is recognized as property in Russia, but if soon they'll follow El Salvador’s lead and adopt it as legal tender, it would be monumental. And considering Russia’s alliance with China, who knows? They might even influence China to soften its stance on Bitcoin.


But it MIGHT already be happening. Because WHY would a nation-state make that information public if they are already using Bitcoin to evade sanctions, and if they are already mining it to convert their Crude Oil/Natural Gas into a censorship-resistant cryptocurrency.

Plus if it's already happening, then their usage of Bitcoin WILL INCREASE during 2025 and the next years. I'm absolutely sure of that.

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December 26, 2024, 02:34:30 PM
Merited by Wind_FURY (1)
 #90

But it MIGHT already be happening. Because WHY would a nation-state make that information public if they are already using Bitcoin to evade sanctions, and if they are already mining it to convert their Crude Oil/Natural Gas into a censorship-resistant cryptocurrency.

Plus if it's already happening, then their usage of Bitcoin WILL INCREASE during 2025 and the next years. I'm absolutely sure of that.

Yes, they’ve been using Bitcoin before, but now that they’ve made it public, we can expect its usage to increase in the years to come. Their success in using it effectively is a clear sign that Bitcoin adoption is becoming more practical and bullish for the future.

This public statement from them shows they are serious about using Bitcoin to bypass sanctions, and it’s a strong move that could pave the way for broader adoption.

https://www.reuters.com/markets/currencies/russia-is-using-bitcoin-foreign-trade-finance-minister-says-2024-12-25/
Quote
MOSCOW, Dec 25 (Reuters) - Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Sanctions have complicated Russia's trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators.

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December 26, 2024, 04:06:46 PM
 #91

But it MIGHT already be happening. Because WHY would a nation-state make that information public if they are already using Bitcoin to evade sanctions, and if they are already mining it to convert their Crude Oil/Natural Gas into a censorship-resistant cryptocurrency.

Plus if it's already happening, then their usage of Bitcoin WILL INCREASE during 2025 and the next years. I'm absolutely sure of that.

Yes, they’ve been using Bitcoin before, but now that they’ve made it public, we can expect its usage to increase in the years to come. Their success in using it effectively is a clear sign that Bitcoin adoption is becoming more practical and bullish for the future.

This public statement from them shows they are serious about using Bitcoin to bypass sanctions, and it’s a strong move that could pave the way for broader adoption.

https://www.reuters.com/markets/currencies/russia-is-using-bitcoin-foreign-trade-finance-minister-says-2024-12-25/
Quote
MOSCOW, Dec 25 (Reuters) - Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Sanctions have complicated Russia's trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators.


 👀

The weakening and breaking down of political strongholds.

If they're using Bitcoin because they find it truly useful, then they're probably also will hoard and HODL more Bitcoin also for the same reason. The price WILL surge, and what would the other nation-states do? Simply ignore a big opportunity? I believe not. They would hoard and HODL Bitcoin themselves. Cool

Perhaps that could break the four year market cycle?

🤔

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December 26, 2024, 06:22:16 PM
 #92

Kiyosaki has always been famous for his strange forecasts, even though many of them eventually came true.
I mean, Kiyosaki made a lot of forecasts in the last years, especially claiming the market would crash, telling everyone to buy canned tuna etc because the whole economy would collapse and other events like that. And it never happened. So saying that Kiyosaki's predictions actually become true is quite a stretch, if you keep making predictions sooner or later you'll guess something.

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December 26, 2024, 06:47:31 PM
 #93

I don't know, 350k doesn't convince me now
I'm not the one to say that i am bad at making these considerations, but i has read those who understand and say that it's excessive unless Lummis comes into play
then yes, it would overturn any model we know up to now

I obviously follow as a person who wants to learn
This $350k prediction became very serious and a thing because many people are looking at the possibility of Bitcoin as a national reserve next year since the proposal is already spreading.
 
If it takes a positive direction, then that price can be achieved, but not in 2025; 2025 is too close to pull Bitcoin from its current price down to that $350k, but even if Bitcoin as a national reserve doesn't come into play, that price can still be reached, but it will take a long time just as it took its time to reach the $100k level.

 
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December 26, 2024, 08:33:22 PM
 #94

I think the prediction that Robert Kiyosaki made here is of particular interest to him. Bitcoin could hit $150k to $200k in 2025, but there are some concerns about that. However, I don't know if Robert Kiyosaki is investing in Bitcoin, but Bitcoin will go above $350k, but it will take time, maybe if not in 2025, it will definitely be possible one day.

When we take a look at how the price of bitcoin continuously increased since the beginning of this year, if it continues in such bullish trends then we shouldn't doubt that it can reach $350k next year. For Robert Kiyosaki to say that 2025 could be a turning point in his Facebook page today may be that he is already investing in bitcoin and aware of what the price could be if favorable policies are being implemented by the incoming administration so he is obviously making predictions based on the fact he could be holding some sizable amount in bitcoins.

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December 26, 2024, 10:24:45 PM
 #95

Kiyosaki has always been famous for his strange forecasts, even though many of them eventually came true.
Are you sure you got that right, shouldn't it be the other way round, that is he is usually far from getting it right. I cannot remember any of his predictions that were correct, can you remind me if i missed it. However, that is not even the point, i get it that he is pro BTC, but sometimes he exaggerates, he has also been saying for a long time now that the U.S dollar is on its way to collapsing, which does not look true.
It's just a saying that is sometimes exaggerated but in the end it is enough to make many of us believe and be optimistic about bitcoin. Although I will not trust anyone when in bitcoin including when predicting the future by directing to a certain nominal but I will only enjoy this process as a very good thing, regardless of whether his words can be accounted for or not the hope is that all must lead to the price of bitcoin that continues to develop in a direction that is greater than this.

Obviously from $100k to $350k is a very big comparison and it takes time but when he says something like this it doesn't mean we should just swallow it and believe every word of others because this is just an opinion based on himself and we certainly have our own assessment of bitcoin even though the goal is not much different.
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December 26, 2024, 11:49:23 PM
 #96

Kiyosaki has always been famous for his strange forecasts, even though many of them eventually came true.
Are you sure you got that right, shouldn't it be the other way round, that is he is usually far from getting it right. I cannot remember any of his predictions that were correct, can you remind me if i missed it. However, that is not even the point, i get it that he is pro BTC, but sometimes he exaggerates, he has also been saying for a long time now that the U.S dollar is on its way to collapsing, which does not look true.
It's just a saying that is sometimes exaggerated but in the end it is enough to make many of us believe and be optimistic about bitcoin. Although I will not trust anyone when in bitcoin including when predicting the future by directing to a certain nominal but I will only enjoy this process as a very good thing, regardless of whether his words can be accounted for or not the hope is that all must lead to the price of bitcoin that continues to develop in a direction that is greater than this.


But at least there's something positive has been delivered on that statement, but its just we need to scale up those information we read so that we will not over expect on something that hard to reach. Although there's really huge chance for Bitcoin to reach at that figure we should be more prepared to know the brought up risk of those event since for sure before we gonna reach that figures there would be a lot scary down trends will came that's why with those situation we need to figure out some best strategy to use to take advantage of those conditions. But if we really believe that bitcoin has good future for sure that people will invest with it for future profit taking. Many people HODL bitcoin and they aim for better future together with their bitcoin investment.

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December 27, 2024, 05:03:05 AM
 #97

This $350k prediction became very serious and a thing because many people are looking at the possibility of Bitcoin as a national reserve next year since the proposal is already spreading.
 
If it takes a positive direction, then that price can be achieved, but not in 2025; 2025 is too close to pull Bitcoin from its current price down to that $350k, but even if Bitcoin as a national reserve doesn't come into play, that price can still be reached, but it will take a long time just as it took its time to reach the $100k level.
yeah the most plausible and logical way of BTC going to $350k with next narrative is definitely through bitcoin getting recognized as national reserve, that'd be huge, and could even trigger massive buying because people would think bitcoin as another gold.
the problem right now is, BTC still has relatively low adoption and these adoption could only grow rapidly if there's something huge like bitcoin strategic reserve that could change around people's perception towards bitcoin and making them rotate their portfolio to BTC.

as of now, market still consolidating, but if bitcoin strategic reserve is really a thing, we'd see massive jump easily.

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December 27, 2024, 07:15:21 AM
 #98

The weakening and breaking down of political strongholds.

If they're using Bitcoin because they find it truly useful, then they're probably also will hoard and HODL more Bitcoin also for the same reason. The price WILL surge, and what would the other nation-states do? Simply ignore a big opportunity? I believe not. They would hoard and HODL Bitcoin themselves. Cool

Perhaps that could break the four year market cycle?

🤔
They will definitely hold more now that they’ve publicly announced they’re using it. Let’s not forget, Russia ranks second among the largest Bitcoin miners in the world. Who knows, in the future, they might even take the number one spot, especially since these statements show they’re getting strong government support. This could signal a major shift in how Bitcoin is used and adopted globally, with Russia possibly leading in mining and accumulation.

Russia becomes 2nd most powerful BTC miner in the world

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December 27, 2024, 08:20:28 AM
 #99

Considering the unpredictable nature of crypto, it is hard to say if that's realistic. While it could happen, there's a lot of volatility and uncertainty in the market so I'd take it with a grain of salt. I think it's always good to stay informed and cautious especially with investments in something as unprdeictable as bitcoin

Bitcoin is the best coin and the most stable investment available on the market.
Surely we won't know the biggest ATH, but we do know that Bitcoin will grow and breach them all one day.

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December 27, 2024, 09:21:00 PM
 #100

It's just a saying that is sometimes exaggerated but in the end it is enough to make many of us believe and be optimistic about bitcoin. Although I will not trust anyone when in bitcoin including when predicting the future by directing to a certain nominal but I will only enjoy this process as a very good thing, regardless of whether his words can be accounted for or not the hope is that all must lead to the price of bitcoin that continues to develop in a direction that is greater than this.


But at least there's something positive has been delivered on that statement, but its just we need to scale up those information we read so that we will not over expect on something that hard to reach. Although there's really huge chance for Bitcoin to reach at that figure we should be more prepared to know the brought up risk of those event since for sure before we gonna reach that figures there would be a lot scary down trends will came that's why with those situation we need to figure out some best strategy to use to take advantage of those conditions. But if we really believe that bitcoin has good future for sure that people will invest with it for future profit taking. Many people HODL bitcoin and they aim for better future together with their bitcoin investment.
Actually when talking about prices anyone can do that because in the end it depends on their own beliefs and if you look at the tweets said by Robert Kiyosaki it is actually just like ordinary words without data just like we always do because it only comes from belief in the future and the difference between us and Robert Kiyosaki is that he only has a lot of followers who follow while we don't so there is nothing special about these words for me.

Anyone can say about the price of bitcoin but in the end time will still answer everything so regardless of what he said I actually don't really care because the most important thing for now is that I remain comfortable with what I am doing and continue to hold as much as I can for the portopolio that I have because I really don't want anyone else's interference including the words of others who interfere with my intention to continue to hodl.
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