As a researcher with years of experience in the financial industry, I’ve seen my fair share of market predictions – some accurate, others not so much. Robert Kiyosaki’s latest Bitcoin price prediction, as shared on his platform, leaves me scratching my head more often than not.
In simpler terms, Robert Kiyosaki, the writer of “Rich Dad Poor Dad,” has once again made a bold estimate regarding costs, which he then posted for his 2.6 million fans to see.
As a crypto investor, I’m intrigued by the latest prediction suggesting that artificial intelligence (AI) foresees a potential surge in the price of Bitcoin, possibly reaching $500,000 by 2025.
It’s unclear which advanced language model Kiyosaki relied on when he made such an optimistic forecast.
The forecasts by the author of a well-known personal finance book often vary significantly. Consequently, it’s advisable to approach these predictions with considerable skepticism.
Previously this month, he stated his intention to cease purchasing Bitcoin once it reached $100,000. However, subsequently, he supported Michael Saylor’s ambitious prediction of a Bitcoin price as high as $13 million.
He also predicted that Bitcoin was supposed to hit the $350,000 level earlier this August.
At the moment, Bitcoin is being bought and sold for approximately $98,120, having adjusted slightly following some previous setbacks. On Sunday, the digital currency saw a small adjustment as it fell short of reaching the highly anticipated $100,000 mark.
Last week, Kiyosaki threw his weight behind the MicroStrategy boss amid growing concerns about the sustainability of his Bitcoin strategy. The financial commentator said he was actually following Saylor’s investment plan (obviously, not with the billionaire’s dollar size).
Significantly, Kiyosaki and Saylor were initially critical of Bitcoin but have since become vocal advocates for the foremost digital currency.
In 2017, Kiyosaki suggested that the Bitcoin craze was similar to the infamous Dutch tulip mania.
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2024-11-25 10:46