Volatility because too much current BTC coverage in MSM causing irresponsible levels of #FOMO. Traders diverting all BTC they had for 2X fork in alts. Some alts have found reasonable levels already and are staying at them.

SBD is not necessarily understood by every trader. Not in this bloody madness couple of weeks.

If it stays at 2-3, that may require a redesign of how much STEEM is generated, but that is a fickle thing to mess with of course.