{"id":172489,"date":"2024-06-24T16:11:00","date_gmt":"2024-06-24T16:11:00","guid":{"rendered":"https:\/\/culture.org\/?p=172489"},"modified":"2024-07-29T05:38:01","modified_gmt":"2024-07-29T05:38:01","slug":"robert-kiyosaki-bitcoin-prediction","status":"publish","type":"post","link":"https:\/\/culture.org\/gambling\/robert-kiyosaki-bitcoin-prediction\/","title":{"rendered":"Robert Kiyosaki&#8217;s Bold Bitcoin Prediction for 2024: The Future of Cryptocurrency"},"content":{"rendered":"<p>Renowned financial educator Robert Kiyosaki predicts <a href=\"https:\/\/culture.org\/gambling\/bitcoin-casino\/\" target=\"_blank\" rel=\"noopener\">Bitcoin (BTC)<\/a> could reach $350,000 by August 2024, driven by his distrust in U.S. fiscal policies and belief in Bitcoin&#8217;s scarcity.<\/p>\n           <!--  <script type=\"text\/javascript\">\r\n                jQuery(document).ready(function() {\r\n                    jQuery(\".key-accordion-item .key-menu\").on(\"click\", function() {\r\n                        if (jQuery(this).parent().hasClass(\"active\")) {\r\n                            jQuery(this).next().slideUp();\r\n                            jQuery(this).parent().removeClass(\"active\");\r\n                        } else {\r\n                            jQuery(\".key-content\").slideUp();\r\n                            jQuery(\".key-accordion-item\").removeClass(\"active\");\r\n                            jQuery(this).parent().addClass(\"active\");\r\n                            jQuery(this).next().slideDown();\r\n                        }\r\n                    });\r\n                })\r\n            <\/script> -->\r\n\r\n\r\n            <!-- start html -->\r\n\r\n            <div class=\"news-key-takeaway-wapper\">\r\n                                <span style=\"background-color:#39b54a;\">Key Takeaways<\/span>\r\n                <ul class=\"news-key-nbox\" style=\"border-color:#39b54a;background-color:rgba(57, 181, 74, 0.1);\">\r\n                                                        <li>Robert Kiyosaki believes Bitcoin will reach $350,000 by August 2024 due to his distrust of U.S. government policies.<\/li>\r\n                                                                    <li>Trader Willy Woo says Bitcoin's bull run will end when everyone has invested, with only 4.7% of market capital currently in Bitcoin.<\/li>\r\n                                                                    <li>Kiyosaki advises buying Bitcoin, gold, and silver to protect against economic problems, emphasizing Bitcoin's limited supply.<\/li>\r\n                                                <\/ul>\r\n            <\/div>\r\n            \n<h2>Robert Kiyosaki&#8217;s Bitcoin Predictions<\/h2>\n<p>Financial expert Robert Kiyosaki, author of <i>Rich Dad Poor Dad<\/i>, recently shared his strong belief in Bitcoin&#8217;s future.<\/p>\n<p>He expressed frustration that many people don&#8217;t invest in Bitcoin, thinking it&#8217;s too expensive.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I become frustrated encouraging people to buy Bitcoin. I receive so many lame excuses\u2026. the most common excuse\u2026. \u201cBitcoin is too expensive.\u201d And it is high\u2026 yet not as high as it\u2019s going to go. I simply repeat my rich dad\u2019s lesson on investing\u2026. \u201c Your profit is made when you\u2026<\/p>\n<p>\u2014 Robert Kiyosaki (@theRealKiyosaki) <a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1801792508256784814?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">June 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Kiyosaki disagrees and believes Bitcoin&#8217;s price will go even higher. He <b>predicts Bitcoin will reach $350,000 by mid-2024<\/b>, driven by his distrust of U.S. government policies.<\/p>\n<p>Kiyosaki <b>continues to buy Bitcoin, Ethereum, and Solana<\/b>, not because he&#8217;s sure of their success, but because he doesn&#8217;t trust the current economic policies of the U.S. government.<\/p>\n<p>He has criticized President Biden and other officials for their economic decisions.<\/p>\n<h2>Trader Willy Woo&#8217;s Take on Bitcoin<\/h2>\n<p>Trader and crypto entrepreneur Willy Woo responded to the Robert Kiyosaki Bitcoin tweet, offering insight into Bitcoin&#8217;s future.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The BTC run ends when everyone is invested.<\/p>\n<p>4.7% have invested so far.<\/p>\n<p>Until then you are advised to buy every gain. It means BTC is winning.<\/p>\n<p>This is exactly what VCs do for emerging tech.<\/p>\n<p>\u2014 Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/1801795592936407142?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow noopener\">June 15, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Woo, Bitcoin&#8217;s bullish run will end when widespread investment is achieved.<\/p>\n<p>Currently, only <b>4.7% of the free capital on the market has been invested in Bitcoin<\/b> by financial institutions, suggesting there is still significant room for growth.<\/p>\n<p>Woo&#8217;s comments align with Kiyosaki&#8217;s view that <b>Bitcoin is still in its early stages of mainstream adoption<\/b>.<\/p>\n<h2>Understanding Kiyosaki&#8217;s Predictions for BTC<\/h2>\n<p>Kiyosaki&#8217;s prediction of Bitcoin reaching $350,000 by August 2024 is very optimistic, as the <b>current price is around $66,000.<\/b><\/p>\n<p>This would mean a <b>380% increase in a short time<\/b>. His prediction is supported by increasing acceptance of Bitcoin, such as large investments in the U.S.<\/p>\n<p>Bitcoin ETF tracker Farside reported that spot Bitcoin ETFs experienced inflows exceeding $880 million in just one day.<\/p>\n<p>Kiyosaki also agrees with Ark Invest&#8217;s forecast that<b> Bitcoin could reach $2.3 million in the long term<\/b>.<\/p>\n<h2>Why Kiyosaki Advocates for Bitcoin Investment<\/h2>\n<p>Kiyosaki&#8217;s strong advocacy for Bitcoin stems from its capped supply of 21 million, making it a deflationary asset.<\/p>\n<p>Unlike gold and silver, whose supply can increase with higher prices, <b>Bitcoin&#8217;s limited supply ensures its scarcity, driving demand<\/b>.<\/p>\n<p>This characteristic aligns with Kiyosaki&#8217;s investment philosophy, which prioritizes assets with finite supply and growing utility.<\/p>\n<p>He often advises investors to <b>buy as much Bitcoin as they can afford<\/b>, regardless of the amount, stressing the importance of starting to invest to build wealth.<\/p>\n<h2>Bitcoin&#8217;s Recent Performance and Future<\/h2>\n<p>Recently, Bitcoin has been strong, <b>trading around $67,000 with a market cap of $1.25 trillion<\/b>.<\/p>\n<p>It also recently hit an <b>all-time high of $73,797<\/b>, driven by institutional investments and the halving event in April.<\/p>\n<p>This event reduced the amount of Bitcoin mined, increasing its scarcity and potentially its price.<\/p>\n<p>Even though Bitcoin has fallen short of its recent high, it remains strong due to significant gains over the past few months.<\/p>\n<h2>The Future for Bitcoin Investors<\/h2>\n<p>Kiyosaki&#8217;s predictions highlight Bitcoin as a hedge against economic problems and poor policies.<\/p>\n<p>His belief in Bitcoin is based on its limited supply, increasing use, and growing interest from institutions.<\/p>\n<p>Whether Bitcoin reaches $350,000 by August 2024 or not, Kiyosaki&#8217;s advice is clear \u2014 start investing in Bitcoin to build a more secure financial future.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":10028,"featured_media":172491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3585],"tags":[],"class_list":["post-172489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling"],"acf":[],"_links":{"self":[{"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/posts\/172489"}],"collection":[{"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/users\/10028"}],"replies":[{"embeddable":true,"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/comments?post=172489"}],"version-history":[{"count":0,"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/posts\/172489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/media\/172491"}],"wp:attachment":[{"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/media?parent=172489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/categories?post=172489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/culture.org\/wp-json\/wp\/v2\/tags?post=172489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}