So as of writing this Steem is at 5.58 and SBD is at 5.08 Cad
This is kinda a wee bit scary for me, as it is the first time I have personally seen the price of Steem higher then SBD. Is this healthy for long term growth??? Maybe I am not sure, one thing that I am aware of is that I prefer Higher SBD pricing, so I can get more Steem, well it is starting to look like that part of the Dream is dead. But is there an upside to all this madness, I truly do not know.
Part of living on this platform is rolling with the punches, and this was a big one to say the least. Every bodies profits on this site will be going down. But there is always some good underlying news. Steem is one of the highest ranking Cryptos on the Weiss charts right now. So we at least know that there will be a future for Steem over the next few years, as long as Crypto doesn't completely die out that is. This downtrend has lasted since around the 27th, and is looking to slow down over the next few days maybe even start to pick up if we are lucky!
Lets face it, I don't think anyone could have predicted any of the things in this market to any degree of accuracy. I do this mainly for fun at this point. Try not to play with your money in a panicked frenzy that is about the best advice I can give anyone. Hope you are not getting beat up to badly :p