I don’t believe the peg can be maintained. As long as our two curriencies are available for trade offsite, they are subject to wild speculation. To be a Crypto, is to be unstable.
This is contradicted by multiple other pegged cryptocurrencies which do maintain stable values a lot better than SBD. They still have some fluctuations, pumps, etc. but the recover from them a lot more quickly, because they have all the necessary mechanisms to adjust supply to meet demand. SBD is missing one.
I am fairly new to the whole crypto thing so was not aware there were stable currencies. I would appreciate your naming a few as it warrants my further study. My intuition is they are more stable for reasons not connected to the problem we have with SBD/Steem. Thanks for the reply, btw!
BitUSD, BitCNY, NuBits, Tether. DAI.