I've been pondering this too, but I don't understand all the ins and outs of how the currencies work. I can see that a stable SBD is better for the platform and I want to see it have a future. I rode the low times too. I was building a following and reputation even if I wasn't mashing much. It's not all about profits. I want to see millions benefit from Steem and not just an elite.
Is it possible that some whales pumped SBD so they could make more here?
I have no confirmed information about it, but it's plausible.
Good call!
https://prestonbyrne.com/2014/08/17/dont-walk-away-run/
https://prestonbyrne.com/2017/12/10/stablecoins-are-doomed-to-fail/
https://prestonbyrne.com/2018/01/11/epicaricacy/
He has some other articles on stablecoins, and I share many of his sentiments on them. They're all shitcoins. I'd advise anyone who wants to be more informed when future discussions on stablecoins like SBD come up to read this guy's blog, he has a lot more great content than just these few links, but these are more specific to "stablecoins". Even vitalik wrote about how a stablecoin could be made back in '13 or something, but he also wrote that it would fail.
Holy crap, now I want some BitMarmots.