It has been a nice rally on SBD and we could enjoy some amazing payouts but every party got to get to its end at some point. The same will sooner rather than later as well happen to the price of SBD. It'll go back down to being worth about 1$ only.
It's always been illusional that the price of SBD could stay higher than that for a longer period as it's first not supposed to be like that and second the mechanics of the steem blockchain work against it as well. Hence pumping SBD could be considered a Sisyphean task!
I'm not going into the details on what's likely or like I think even imminent to happen but would rather recommend you to take a look at this post from . I think no one explained it any better so far than he did:
https://busy.org/@buggedout/the-coming-steem-dollar-purge-why-it-needs-to-happen-and-how
That being said I'm converting all my SBD as long as they are worth about 1 Steem each as such a time will probably never ever come back again. Of course it's possible as markets are sometimes irrational but personally I wouldn't bet on it...
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