Robert Kiyosaki then predicted bitcoin to $350k

[john_egbert]

That is the main difference between someone who actually understands and appreciates bitcoin and someone who is in just with the hope to make some quick gains and then quit. You lose money only if you actually sell at loss, if you hold then 1 BTC = 1 BTC, that's it, you're not losing anything in that case. But bitcoin is not supposed to be for everybody.

Bitcoin is there for everybody, in fact - it's everybody's choice to ignore or learn about it.
That would be more like it and closer to the truth.

[Wind_FURY]

And this is Robert's latest posts,



https://x.com/theRealKiyosaki/status/1876878184601338270

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.

He's merely saying what Bitcoiners have been saying. To be honest, I don't trust him. Because if a person charges plebs like us and normies large amounts of money to join his "investment courses" and his "seminars", then that person is probably making money from those courses and seminars, not from actual investing.

He's probably a snake-oil salesman?

https://www.youtube.com/watch?v=D2fHbbOmu_o

   ¯\_(ツ)_/¯

[YOSHIE]

Do you think we have another bitcoin critic?

In my assessment Robert Kiyosaki is not an expert or expert in Bitcoin, like what we see other experts, maybe I have seen a lot of Robert Kiyosaki writing about the price of Bitcoin.
For example:

Robert Kiyosaki predicts Bitcoin assets in 2025. He estimates the price of Bitcoin (BTC) can penetrate the level of US $ 500,000 in 2025.

He once wrote and said $ 350k, $ 250k, $ 500k and many others were written.

What's more contrary to Robert Kiyosaki's prediction on this one.

Robert Kiyosaki, author of the book Rich Dad Poor Dad, shared brave predictions about Bitcoin (BTC), and stated that the price might fall to as low as USD 60,000

Robert, winning is famous for the author of the book 'Rich Dad Poor Dad' but he is not an expert in the field of Crypto Currency Experts, so we must analyze for yourself which is the original expert and a writer.

[dzungmobile]

In my assessment Robert Kiyosaki is not an expert or expert in Bitcoin, like what we see other experts, maybe I have seen a lot of Robert Kiyosaki writing about the price of Bitcoin.

People can be in this market 4 years, 8 years or even longer but are not experts and Robert Kiyosaki only started to show his attention and perhaps investment in Bitcoin in the last market cycle. So his time in this market is less than 8 years and it is somewhere from 4, 5, to 7 years only, I could be wrong. Maybe he invested in Bitcoin earlier than that but did not show that he already became a Bitcoin investor more than 7 or 8 years ago, I don't know honestly.

He once wrote and said $ 350k, $ 250k, $ 500k and many others were written.

What's more contrary to Robert Kiyosaki's prediction on this one.

He is not a Bitcoin expert, technically as developer or financially as investor. He is succcessful and financial free, so he has great mind, but he has yet become a Bitcoin expert. His advice on Bitcoin as an investment asset, and his price predictions, can be used as only one piece of many prediction sources you collect, before making your own prediction based on your own thinking, and available predictions from other people.

[Wind_FURY]

Do you think we have another bitcoin critic?

In my assessment Robert Kiyosaki is not an expert or expert in Bitcoin, like what we see other experts, maybe I have seen a lot of Robert Kiyosaki writing about the price of Bitcoin.
For example:

Robert Kiyosaki predicts Bitcoin assets in 2025. He estimates the price of Bitcoin (BTC) can penetrate the level of US $ 500,000 in 2025.

He once wrote and said $ 350k, $ 250k, $ 500k and many others were written.

What's more contrary to Robert Kiyosaki's prediction on this one.

Robert Kiyosaki, author of the book Rich Dad Poor Dad, shared brave predictions about Bitcoin (BTC), and stated that the price might fall to as low as USD 60,000

Robert, winning is famous for the author of the book 'Rich Dad Poor Dad' but he is not an expert in the field of Crypto Currency Experts, so we must analyze for yourself which is the original expert and a writer.

Plus there are people who are currently questioning WHERE he actually made his money. If it's really from his Real Estate business, OR if it's merely from his very expensive investment courses, his books, and his seminars.

 ¯\_(ツ)_/¯

If Robert Kiyosaki is actually a con-artist, perhaps his swindle will probably not be questioned during the years when the internet was not yet mainstream. Rich Dad, Poor Dad was written during 1997.

[Cryptmuster]

Kiyosaki's forecasts are very chaotic, at one time he says that it will cost 200k, then that it will cost 350k, maybe he wants to increase the probability of his being right when one of his forecasts comes true. He is only consistent in that he compares bitcoin with gold and constantly repeats that these are the assets that are worth accumulating, and these are the assets with which you can confidently go through the crisis, which he also talks about very often.

[EarnOnVictor]

Yesterday was passing through and reading some interesting news on twitter (x) I came across the tweet of Robert Kiyosaki, the Author of "Rich Dad Poor Dad" tweeting his concerns about bitcoin to hit $350k by 2025.

Lol...this guy will not kill me with laughter. Well, I urge anyone reading such to just look away as if they never read anything, it's always like that during the bullish season and they will be dead silent when the bearish season starts.

Robert Kiyosaki is just a man, not a celestial being, no one knows where Bitcoin will hit in 2025, we can only guess/speculate on assumption. We can start speculating rightly if the price has been hit before, but $350k is an unknown zone yet. It's reasonable to disregard anyone speculating more than 30,000 around $100,000, at least for now.

[franky1]

the $350k is not an original thought of his own.. its math/economics

doing a simple calculation of this seasons average network hashrate(800exa) divided by this generations asic hashrate gives an estimated number of asics. calculating total hardware cost and dividing it by 2 year of bitcoin mining(lifecycle (105000 blocks &3.125btc reward)) get you a hardware cost per btc
then looking at the highest electrical cost region of the planet($0.50/kwh) you can calculate the electric cost of the most expensive region to then total the hardware and electric cost of mining bitcoin at the premium level.. which just happens to be around the $350k level this season

this means that people in this expensive mining region wont mine at such cost but see anything below $350k as a discount and so they are the buying support of high prices.. up until that point. because who would buy above $350k if everyone can mine bitcoin for less

however everyone knows that if too many people set the premium ATH limit as $350k, most people wont wait until exactly $350k to sell and instead sell before that to avoid sellers remorse of missing the sell opportunity.. because if everyone is selling before $350k then it wont reach the tip of $350k, and buys will die out before the tip (as explained in last paragraph)
this is why the likes of blackrocks L.Fink is saying $700k because they want to fool naive traders who dont know the economics to keep trading beyond the natural economic limit of bitcoin so that L.fink can sell at the tip to those naive traders, leaving naive traders holding coin at near $350k during the correction and having to wait 4 years for the next bull to break even/profit

example comparison
in 2021 the natural economic premium limit of expensive mining on planet was $75k so natural the ATH only peaked at $70k.. its called economics, who would buy above $76k if everyone on planet could mine for less than $76k, and as sa

[Zlantann]

Kiyosaki's forecasts are very chaotic, at one time he says that it will cost 200k, then that it will cost 350k, maybe he wants to increase the probability of his being right when one of his forecasts comes true. He is only consistent in that he compares bitcoin with gold and constantly repeats that these are the assets that are worth accumulating, and these are the assets with which you can confidently go through the crisis, which he also talks about very often.

Everyone has the right to make predictions. Anybody who depends on people like Robert Kiyosaki to invest in Bitcoin might become disappointed. He has made several predictions that turned out to be false. For you to be safe from all these speculations, it is important to do research before investing. Bitcoin has the potential of reaching $350k but it will depend on how the proposals of Bitcoin reserves in many countries turn out. With the ongoing trade wars between big economies, Bitcoin prices might be affected by inflation that might hit these countries.

[_BlackStar]

-snip-

Everyone has the right to make predictions. Anybody who depends on people like Robert Kiyosaki to invest in Bitcoin might become disappointed. He has made several predictions that turned out to be false. For you to be safe from all these speculations, it is important to do research before investing. Bitcoin has the potential of reaching $350k but it will depend on how the proposals of Bitcoin reserves in many countries turn out. With the ongoing trade wars between big economies, Bitcoin prices might be affected by inflation that might hit these countries.

Any bitcoin price predictions should not be considered financial advice regardless of how convincing they may be. The price may exceed estimates or be lower than stated, so you must be wise in determining what your initial budget is and what your reserve budget is so that your investment plans remain smooth.

Prices are not required to be as predicted - but investors are required to have the right investment strategy. The goal is to make a profit - if so, then they must have a target where to sell it.

[RobertBoss]

Prediction? Pffff 

What Trump will say tomorrow nobody knows. This is all "prediction" for now ...

[Hazink]

Kiyosaki's forecasts are very chaotic, at one time he says that it will cost 200k, then that it will cost 350k, maybe he wants to increase the probability of his being right when one of his forecasts comes true. He is only consistent in that he compares bitcoin with gold and constantly repeats that these are the assets that are worth accumulating, and these are the assets with which you can confidently go through the crisis, which he also talks about very often.

It might be that he's not really certain with what his calculations are telling him about how much bitcoin will end up being in this year, 2025; he is just speculating between figures. It could also be that he's on the line of dropping your prediction on a very high price while deep down what you are actually pointing at could be something lesser, which is why dragging the hope and interest of people to $350,000 could actually be targeting something lower, which could either be below $200k but just to keep the hope high, but he will sell once they see their own targeted price.

[I_Anime]

To me is just a mere prediction, but no one can actually tell the future, but doesn't mean Bitcoin ain't gonna reach that price range or even pass it someday, but we can't tell when . This is how some folks doubted when the $100k prediction came around and now we have already gone beyond that despite the up and down movement, and several corrections.

But one thing I know for sure holding and accumulating Bitcoin is the dope thing to do right now, I don't bother myself with prediction I just accumulate and let Bitcoin do it's thing .

[Wind_FURY]

Kiyosaki's forecasts are very chaotic, at one time he says that it will cost 200k, then that it will cost 350k, maybe he wants to increase the probability of his being right when one of his forecasts comes true. He is only consistent in that he compares bitcoin with gold and constantly repeats that these are the assets that are worth accumulating, and these are the assets with which you can confidently go through the crisis, which he also talks about very often.

Because he's a mere pleb like us. We plebs like to keep moving the price predictions higher and higher if Bitcoin's surge becomes stronger and stronger. I personally went from a six digit price valuation to a seven digit valuation because the price is very VERY strong viewed in a zoomed out graph.

 

Plus although he's a rich pleb, but it's still a pleb.

[Synchronice]

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. But then another respond to his tweet got my attention which i also needs to show here.



Do you think we have another bitcoin critic?

First of all, I wouldn't listen to Robert Kiyosaki. His book is good but it's not something that someone smart can't imagine themselves. Also, as time goes, things change and we should adapt to these changes. He published book in 1997, it was his prime, 21st century is a different century and it's a different time.

By the way, what that person, Sam Zavaletta says in his tweet, is really true but the problem is that he isn't very rich in his mindset. Yes, it's a virtual thing and in real life, there isn't any product but that doesn't mean that we shouldn't care about this piece of digital world. Why is gold so popular and expensive? If you pick a random kid and give her a gold, she won't care. It's a psychological value that gold carries. Gold is expensive because people want it to be expensive. What value does paper money carry? It's paper and worthless but we happily accept $100 bill because in our psychology and mindset, it has a value. Bitcoin has a psychological value too despite the fact that it doesn't exist in real life and it's a virtual thing.

[nullama]

At the end of the day you want to own assets.

Bitcoin is one type of assets. If you manage to get a lot of Bitcoin, you will be way better off in the future.

That's just how it works.

[Wind_FURY]

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. But then another respond to his tweet got my attention which i also needs to show here.



Do you think we have another bitcoin critic?

First of all, I wouldn't listen to Robert Kiyosaki. His book is good but it's not something that someone smart can't imagine themselves. Also, as time goes, things change and we should adapt to these changes. He published book in 1997, it was his prime, 21st century is a different century and it's a different time.

By the way, what that person, Sam Zavaletta says in his tweet, is really true but the problem is that he isn't very rich in his mindset. Yes, it's a virtual thing and in real life, there isn't any product but that doesn't mean that we shouldn't care about this piece of digital world. Why is gold so popular and expensive? If you pick a random kid and give her a gold, she won't care. It's a psychological value that gold carries. Gold is expensive because people want it to be expensive. What value does paper money carry? It's paper and worthless but we happily accept $100 bill because in our psychology and mindset, it has a value. Bitcoin has a psychological value too despite the fact that it doesn't exist in real life and it's a virtual thing.

His book might actually be mere propaganda to profit from selling the actual book - the propaganda - BUT to also profit from expensive seminars and investment courses that are being marketed by the propaganda, a propaganda WHICH Robert Kiyosaki is also selling.

Japanese snake-oil salesmen are indeed very efficient.