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RE: Daily Discussion No. 6: What is UP with SBD? And is This Going to Last?
If indeed it is a case of mistaken identity by investors, that just makes it a happy coincidence for all of us steemians. It is weird but I have a feeling it will correct itself. Who knows!
haha maybe not such a happy event for people if they get stuck with them : )
I think there's a chance it might correct itself... or get nudged back into alignment with a little help from the witnesses... once the volume settles back down. It'll start "drifting" lower, and then a bunch of profit taking will cause it to go down some more. Will it get back to parity with USD? Hard to say... I've seen it come back to 89 cents after being briefly up around $2.30... but this is a much bigger drop.