When will this madness end?
Who is willing to pay such amounts for a transaction?

Exactly dear , every one is worried about this fee charges .. Etherum transcation fees is rising too much high ,
In depth view into Ethereum Average Gas Price including historical data from 2015, charts and stats.
Average Growth Rate: 2.44K%, A standard ETH transfer requires a gas limit of 21,000 units of gas. The more complex the commands you want to execute, the more gas you have to pay.