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Rich Dad Said Bitcoin $350K by August 2024. It Was $59K Instead.

Posted February 22, 2026

"BITCOIN will be $350,000 by August 25, 2024 is not a lie. It's a prediction. It's speculation, it's an opinion, but it's not a lie. It's suckers bait, but it's not a lie because any prediction about the future is not a lie."

— Robert Kiyosaki, Rich Dad Poor Dad author

June 5, 2024

What Actually Happened

We need to talk about Robert Kiyosaki. The "Rich Dad Poor Dad" author has built a cottage industry around predicting market crashes that never quite arrive on schedule. But this Bitcoin call deserves special recognition.

On June 5, 2024, Kiyosaki set a very specific target: Bitcoin at $350,000 by August 25, 2024. Not "sometime in 2024." Not "eventually." August 25th. Mark your calendars.

What actually happened? Bitcoin closed August 2024 at $58,970. Not only did it miss his target by 83%, but it was actually DOWN 8.8% for the month. Oops.

The truly incredible part of this tweet is Kiyosaki essentially pre-admitting he might be wrong while making the prediction. "It's suckers bait," he writes, "but it's not a lie because any prediction about the future is not a lie." That's some galaxy-brain liability hedging right there.

For context, this is the same man who has predicted approximately 47 "biggest crashes in history" over the past decade. His crash predictions have become such reliable contrarian indicators that when Kiyosaki says "sell," traders joke it's time to buy. In 2023, his "everything crash" warning preceded a 36% S&P 500 rally.

Bitcoin did eventually hit $100K... in late 2024. But by then, Kiyosaki had moved on to predicting $10 million Bitcoin, the collapse of the dollar, and presumably the heat death of the universe.

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