I think that makes sense to me. I'd agree it would be harsh on those investing in sbd away from steemit too. There must [as you say] be more organic ways for this to happen and it may just be a temporary problem that will iron out as steem gains value. It flipped last week sometime [steem overtook sbd by cents], so we can see it's not particularly stable anyhow. Wait and watch would be my idea of a good action for now.