Right said that you have to pay sometimes high because if the trust factor and they do command that trust. The problem is inspite of paying decent fees your transaction in blockchain gets struck for a week or so thus the purpose of btc itself is sending fast transaction from one place to another is not being served here. Thus users will now shift to another wallet or will shift to another coin all together due to such transaction fees and delayed transfers.
It will also mean all the micro / dust transactions are going to leave, if they haven't already. Fees have averaged $30 to $50 this month... that's insane. If this continues, Bitcoin will cease to be a payment vehicle for the average person. It will only be for investors and people doing large transactions. Ironic, since it was all those smaller transactions that helped Bitcoin become established to begin with.