Yes, many guys are afraid about few of the big ones, and this is a big problem. The 1% problem in real live gets more dramatic here, where the 1% in STEEM have all the power and no repercussions for misusing their power.
SBD is very strange and I do not understand it because it is design to be anti market: if SBD price is high compared to STEEM, no SBD will be created (as it is happening now). But prices here are created by free market principles. Scarcicity means that the price of SBD should be even higher, and that's what we call "positive reaction chain", accelerated the abnormal situation...