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RE: Daily Discussion No. 6: What is UP with SBD? And is This Going to Last?
I think you raise a valid point about "FOMO." That's happening on all crypto fronts right now. It will plateau out eventually without too drastic a nose dive, hopefully. Yes it is "pegged to one USD" but i never took that to mean "pegged for eternity." I am no expert, clearly and have only seen price fluctuations for 6 months not 10. 🙄
Even as a "pegged" currency, I'd expect to see +/-10% fluctuations on a daily basis... but the current situation is nuts.