<center>![](https://steemitimages.com/DQmfWC4QEvvTANvojLcxPsWBJCMmqQBZysNcpHzuydwzybo/image.png)
Good morning everyone, I sit here pondering what is the fate of our weird little cousin SBD.  As we all know its meant to be pegged to the USD so that 1 SBD should be ablout the equivalent to US$1 of Steem.  But this hasn't been the case for a few weeks now after some moron ran up the price to astronomical highs.

![](https://steemitimages.com/DQmexorXybJUJsdpDJNcLi99AsHdpJb1pYbJ2sdWTQaYvcV/image.png)
Now the normal part me of says, *"ohh it'll come back to $1"*  The greedy part of me says *"Stay up, Go Higher!!!!"*  but the logical part of me is torn.

Logically, the people that bought up all these SBD did so as an investment, and people want to **MAKE** money on an investment, so for it to go back to $1 would be very bad for them.  SBD isn't like USDT where they mint new coins and manipulate the market to try to keep the value as close to $1 as possible.

Ohh but manipulation...........
Could it be possible that this was all a rouse, Steemit Inc or a few big whales ran up the price of SBD to try and pull money out of Bitcoin and other markets and in turn inflate the price of Steem where the true value lies.  
Its not like @ned has come out and posted about what they'll do to correct it, maybe he was complicit.

Either way, I think SBD will stay high for some time yet, probably tracking the price of steem at 1:1.  The days of big multipliers in converting Steem to SBD and visa versa are probably over, but maybe not the days of high SBD.

Also, for those that like charts, here is the 1hour chart for SBD.  As we can see its fairly oversold, so I think the price should go back up somewhat.
https://bittrexblobstorage.blob.core.windows.net/public/02b46f02-6504-4ef4-b139-ea953aac4dd8.png

![gohba.handcrafts01.png](https://steemitimages.com/DQmTDh6ZFsKaDRBBtvJvDjF4VHHiLNZ7n2nMB8VLs8xayLg/gohba.handcrafts01.png)</center>