There's a possibility of P&D just like last December.
You can see someone is controlling SBD's price (prolly one of the witness, you know) trying to set it near $1, so you can easily guess that people would believe that SBD is a sort of 'pegging coin', but in the crypto world.. you never know what's gonna happen very next day.
Just my 2satoshis.. ;)
SBD should not be tradable on exchanges like bittrex, I thing it is more them who are playing with SBD price.
But finally you are absolutely right, you never know what's gonna happen and this is what makes things interesting...I am a witness (@exnihilo.witness) and I can tell you that in the witness chat, we are more focusing on account creation fees than the SBD existence.