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Bitcoin Rate To Reach $500,000, Robert Kiyosaki Assures

 1 year ago
source link: https://www.gizchina.com/2023/02/15/bitcoin-rate-to-reach-500000-robert-kiyosaki-assures/
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Do you still doubt whether to buy cryptocurrencies or not? Do you like what Robert Kiyosaki writes? If your answer to both questions is positive, then you should hurry to buy a cryptocurrency, say, Bitcoin. The Bitcoin rate should be much higher than what it is now.

Bitcoin Rate Will Grow A Lot

Kiyosaki thinks that “faith in US dollar, fake money, will be destroyed.” He also called gold and silver “the money of the gods” and the first cryptocurrency “a dollar for the people.”

Giant crash coming. Depression possible. Fed forced to print billions in fake money. By 2025 gold at $5,000 silver at $500 and Bitcoin at $500,000. Why? Because faith in US dollar, fake money, will be destroyed. Gold & Silver Gods money. Bitcoin people’s $. Take care.

— Robert Kiyosaki (@theRealKiyosaki) February 13, 2023

As a reminder, in November 2022, when Bitcoin’s rate was low, Kiyosaki reaffirmed his commitment to it. In other words, this author believes that Bitcoin will become one of the main currencies in the future.

Moreover, Bitcoin analyst Willy Wu predicts that the number of owners of the flagship cryptocurrency will increase over the next three years. He says that by 2026, more than one billion people will own Bitcoins. As a reference, now, there are more than 300 million people who own the digital gold around the world.

Also Read: To Compensate For Bitcoin Mining Damage, We Need To Plant 431.6 Million New Trees

Willy Wu reminded his followers on Twitter that it took Bitcoin six months to build an audience from its first 1,000 users. It took another five years for this number to grow to 1 million. It took 13 years and 8 months after the formation of the genesis block to reach the current indicators.

#Bitcoin took 6 months to get 1000 users; 5 years to find 1 million users.

Today, 13.8 years from inception, it has 300m+ users, 4% of the world.

Gizchina News of the week

At current growth rates, 1 billion users will be hit in the next 3 years. That's 12% of the world. pic.twitter.com/akMbNySaGw

— Willy Woo (@woonomic) October 12, 2022

When comparing with other tech bigwigs, the audience of PayPal is 430 million people, and Twitter’s is 400 million. The crypto expert also believes that the lion’s share of social network users are bots.

Bitcoin Cash cryptocurrencies

The CEO of the blockchain tech firm Blockstream, Adam Back, said that since 2013, the Bitcoin rate has doubled. So if this trend continues, in about nine years, the price of Bitcoin will reach $10 million by 2032. If so, its market capitalization will reach $200 trillion.

early this year i was curious of the claim "bitcoin 2x's per year on average". it checks: the decade jan 2013 – dec 2022 #bitcoin went up 2.036x/year (1200x in a decade). if that continues we'll cross $10mil/BTC and $200 tril market cap by end of next 2 halvenings, about 9 years. pic.twitter.com/mqmO2SRdAv

— Adam Back (@adam3us) February 12, 2023

By the way, ChatGPT has predicted the Bitcoin rate to reach $50,000 in the next six months.

Bitcoin shows a minimal 2% increase compared to a day before. The asset is trading at $22,152 with a market capitalization of $427.3 billion.

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