The title is applicable to small transactions and not the big fish category (ex. 1000k, 10k or more)
I have observed many times whenever there is rise in the price it will proportionally increase the fees as well. BTC becomes useless if I want transfer my coffee bill worth $5 or lets say lunch of $50 bucks if I have to pay more than 10-15 USD for single transaction.
It feels like I am literally overpaying for the little transactions.
You’re not wrong, this is a problem we have to face all the time, although I don’t make coffee payments with Bitcoin, but there are other small transactions that make like weekly or even daily that fees are usually high.
We have always faced this when prices goes up, and the most annoying part in this is that at times like this the network kind of gets stuffed up and when you make use of regular fee that’s not priority you will have to wait for a whole day for your transaction to be confirmed. I have stopped complaining about it, because I know the developers are aware of this and have just decide to keep mute about it.