Like you said a lot of reading involved, my conclusion, Likely wrong:
Steem is going to drop to about $0.88, when it drops below a dollar, lots and lots of people are going to run around like chickens with their head cut off. meanwhile they will be wondering why and how is it possible that SBD is still worth $2.46.
This is going to going to cause a lot of head scratching and screams of scam, ponzi, scam, oh me oh my oh poor poor pitiful me why did I not sell when steem was still at least $2.62. And then we can have all the people rush to the emergency exits, selling the remaining miscule valued steem, and running as fast as they can with their tails tucked between their legs to EOS and ONO and even DOGE.
Meanwhile, back in the world of steem, I still comment, post on occasion, play games, look at pictures, and read stories. sometime voting, and sometimes powering up, and sometimes giving an SBD here or there for this or that cause.
Then Black Monday comes around again, for the first time in 2018, and I look at my steem feed and everyone is talking about the new really big investors coming in, the price of steem starts it regularly scheduled up rise before next years march madness sets in.
It was a lot of reading yep.
Steem is going to drop to about $0.88, when it drops below a dollar, lots and lots of people are going to run around like chickens with their head cut off. meanwhile they will be wondering why and how is it possible that SBD is still worth $2.46.
I consider it possible but unlikely that the price of Steem will drop to $0.88 but if it does the price of SBD CERTAINLY won't be at $2.46.
Like I have said many times on many comments I do not know a lot about crypto.
Edited part add after getting home:
I am learning every day with help from you and other people like you. There are a few people that do give straight answers.