I'm a bit fearful about converting a (bit) of my STEEM into SBD to increase the potential rewards that I can get, but a sudden peg worries me. If after all it's decided to make 'a intervention', we can expect some type of announcement?
As I see it, the demand of STEEM and SBD is huge right now (loads of people accumulating at low prices I guess), and that excess of demand is what drives the SBD into that values. Do you think that once the platform matures (over months/years, talking long-term) the SBD will go down again into the 0,9-1,1$ range?
Regards mate :)