I couldn´t agree more with you on this. SBD´s are meant to be worth around 1$ and as people continue to cash out it´ll slowly get back to that level. It might take days, weeks or maybe months but in the end the market will regulate itself.
It´s definitely awesome for all of us in the short term but just like you say it would do more harm than good in the longrun.
I hope it doesn't do harm. I think in the short term it will bring some amazing growth and speculation around the whole platform. We'll be able to judge the effects of this SBD pump more clearly in a few months from now.
True that, time will tell ;)