Since the BTC transaction fee is 0.0001 BTC, here are what transfers will cost in the future:
$1,000 per coin = $0.10 transaction fee
$10,000 per coin = $1.00 transaction fee
$100,000 per coin = $10.00 transaction fee
$1,000,000 per coin = $100 transaction fee
Honestly, if Bitcoin goes to the 6-7 figure mark, I don't see how people would be willing to pay these fees. Especially for everyday transactions. And considering there aren't enough Bitcoins for everyone in the world to own even a tenth of a coin. Comments?
this is not how it works. fees have nothing to do with USD/BTC value
I doubt we will even see .01 fee in the future even if BTC hits $10mil