We had over a 100% rise last month. If steem ever moons I think SBD will have to fall. I think a big part of the problem is people on here are not very bullish on steem. The only reason I see to hold SBD's is if you are going to cash them out soon or use them for bots.
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There was a time when 0.7 SBD was getting you 1 Steem. And that ratio generally reoccurs every few days. That's why most of them hold their SBD.
Yeah I wonder if steem will stay strong. I think it is undervalued and it doesn't seem like SBD should never be worth more than steem.