You might misunderstand my statement "expense of STEEM price". SBD converters sold over 350,000 STEEM last week(roughly $7,000/day), and they, including me, have a wide buffer by the feed discount that can cover 20% of STEEM price decrease per week in addition to a cheap SBD price. The main purpose of SBD discount is to compensate buyers who take risks of buying SBD at close to $1.
You are the very influential person in Steemit. If you hesitate to take some risks with SBD pegging, the community may feel dis-encouraged. Also, as a witness, while you are arguing price feed discount but you stay in a passive position at under $0.80, it would be counteractive.
This week I made about 10% from SBD conversion at my buying price is around $0.81 (because I cannot break through low sell orders). I think you can make a break-even at $0.9 or around.