Will Steem/SBD see another bubble this Christmas 🎄 ?

This time last year, the price of steem increased 4-fold while the SBD price went up by a factor of 15 at one point.

I was hoping to start a discussion on this, especially if the consensus is that another bubble is on the cards...

SBD seems only have upward risk so possibly a good investenent if you believe the market is irrational and another surge is possible. In the case of SBD, will the changing payout structure subdue such activity in that market?

Below shows the ascent of Steem this time last year.

What an exiting (and lucrative) time that was!