.

[webcam_models hiring]

With the current trend

Put please the picture of Your trend vision.
It go down clearly.

[Zicadis]

I've seen a lot of hype around certain people predicting Bitcoin will be valued at $500,000.00 to $1,000,000.00 in the future.

Those certain people are traders who understand the power of speculation on the market

If Bitcoin reached $1M, that would mean 1 Satoshi would be equivalent to 10 cents USD, which could raise some issues for rounding with smaller transactions if Bitcoin gets a much wider use in the future, which could open up a whole new bucket of confusion with scaling. Would Bitcoin start being divided even more? Such as with fractions of a Satoshi?

Bitcoin getting such a value will certainly need a hard fork  to accommodate smaller denominations like the $1 or $5 as opposed to rounding off.

I feel that $1 Million is a bit high of an expectation, but at the beginning $1,000.00 seemed unreal also.

So what do you guys think is a realistic "best case scenario" value for Bitcoin in the future? $10,000? $100,000?

$1 Million is too high for an expectaation!
If ever the etf gets approved we might get there and bitcoins self supporting mechanism of halving also increases bitcoin value so i would say 10 grand easy catch.

[surix]

With the current trend

Put please the picture of Your trend vision.
It go down clearly.

Very short term trend yes, we are having an adjustment. But the current trend since several weeks is very much going upwards.

[picot]

The main reason that bitcoin continues to rise is because at the moment it is the only current form of payment to acquire the other criptomonedas, which in operation and speed take light years to bitcoin. At the moment the users of bitcoin depend on the good decision taken by the developers involved in the scalability of the currency, otherwise bitcoin tends to drastically lower its value.

[webcam_models hiring]

But the current trend since several weeks is very much going upwards.

If You like counting weeks, this is a first week, when it go down.

[botolo86]

If the total money in circulation is about $75 trillions

https://www.quora.com/What-is-the-total-amount-of-money-in-the-world?srid=Vkiw

and assuming that Bitcoin gets 50% of this, it would mean that we have Bitcoin's market cap at $37.5 trillions. By using some proportions, it means that 1 BTC would be equal to $2,343,750.

[Csmiami]

With the current trend, 2k target is very likely, 4K is quite likely in 2018. 10k may be possible before 2020 if capacity issues are solved successfully and main stream start to accept it.
If I remember well, 6k bitcoin price equal to 1% of investment in gold flow into BTC.
Anything beyond that means BTC must be hugely successful and the whole world in looking to buy it, like in the unfortunate situation of war or collapse of a major currency.

Trump in the USA, Putin in Rusia, the Korean situation... doesn't that look like a war about to begin?

[Victorycoin]

We all agree Bitcoin is headed for the moon, but let stop mixing day dreams with realities. Such staggering value as $1M per Bitcoin and for an instrument the governments dubbed the favorite of criminals, would never be allowed to become that formidable and render all fiats irrelevant and valueless.

[webcam_models hiring]

and assuming that Bitcoin gets 50% of this

There is a competition of currencies, and BTC is only one of them.

[Csmiami]

We all agree Bitcoin is headed for the moon, but let stop mixing day dreams with realities. Such staggering value as $1M per Bitcoin and for an instrument the governments dubbed the favorite of criminals, would never be allowed to become that formidable and render all fiats irrelevant and valueless.

and how would they do that? removing internet access worlwide?

[ethereumhunter]

i think its need more time to see bitcoin price is at $1M because we don't know when the price is suddenly increase in that price but i am sure that if more people is know bitcoin and they do many things using bitcoin, then the bitcoin price will be at $1M like the OP said and we only have to waiting when that moment is come.

[GetClams.com]

We all agree Bitcoin is headed for the moon, but let stop mixing day dreams with realities. Such staggering value as $1M per Bitcoin and for an instrument the governments dubbed the favorite of criminals, would never be allowed to become that formidable and render all fiats irrelevant and valueless.

And Venezuela never thought they woulds see 100% inflation. So anything is possible.

[Csmiami]

and possibly if prizes grew that much, I believe that the saatoshis would be fragmented to make it reachable for everyone, and making us "senior" users (because when that happens that's what we'll be) kind of rich out of the blue (and faucets)

[Clement Kaliyar]

Trump in the USA, Putin in Rusia, the Korean situation... doesn't that look like a war about to begin?

We have two unstable minds in USA and Korea and none of the presidents had the guts to question the activities of Korea till now and it is simply because they have nuclear missiles and it is not like going to war against Iraq ,Syria or Afghanistan because US knows that they are not capable of defending themselves but that wont be the case with Korea.
No comments for the $1M prediction.

[the rise]

i think its need more time to see bitcoin price is at $1M because we don't know when the price is suddenly increase in that price but i am sure that if more people is know bitcoin and they do many things using bitcoin, then the bitcoin price will be at $1M like the OP said and we only have to waiting when that moment is come.

Just one key explanation to make it plausible if one big and influential country in the world accommodates bitcoin as legal tender will make bitcoin price increase by 20%, just waiting for news from four big countries to make price prediction come true.

[digaran]

We're dead by then, if that happens people like Wu and Satoshi(rather their grandchildren)will become the emperors of the world . unfortunately by that time I predict a new currency replacing Bitcoin but it will exist no matter what.

I'm more comfortable with the prediction of $8000 per coin by the next halving in 2020 and thinking about far in the future then we should start buying land in mars starting from now before they colonize the planet.

[avikz]

1 million usd for one bitcoin is too ambitious and I doubt that will ever going to happen. It would need zillions of market cap to reach that valuation which is not really realistic. I think 10-12k USD is still possible and realistic but not anytime soon. It would take 7-10 years to reach that value.

Bitcoin is certainly a great investment now because we have the chance to get in at a cheaper price. However, the transaction block problem is one of the major roadblocks for the bitcoin to reach that price now. Once it is solved, we will see a good appreciation by the end of this year which will make everyone happy for sure.

[Weatherby]

We're dead by then, if that happens people like Wu and Satoshi(rather their grandchildren)will become the emperors of the world . unfortunately by that time I predict a new currency replacing Bitcoin but it will exist no matter what.

I'm more comfortable with the prediction of $8000 per coin by the next halving in 2020 and thinking about far in the future then we should start buying land in mars starting from now before they colonize the planet.

Getting a price range of around $8000 is a realistic chance ,it is really difficult to get a price of $1 M bitcoin because no one in the right mind would dare to enter or purchase the coin when there is a astronomical price tag,i am sure i will sell off everything when the price reaches $10 k . because i cannot handle myself if i am holding more than a couple of million dollars.

[Clement Kaliyar]

Just one key explanation to make it plausible if one big and influential country in the world accommodates bitcoin as legal tender will make bitcoin price increase by 20%, just waiting for news from four big countries to make price prediction come true.

Japan recently legalizing bitcoin and the price increase was because there was more investments coming into bitcoin from the Japanese market and so is the reason we had a good rally.What all countries will be legalizing bitcoin in the near future and the main thing is whether we can expect more investments from these countries to see another rally.

[Minecache]

With the way Bitcoin developers and the community are acting, a solid no.

Yup.