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I thought it was pegged on the downside but not on the upside, so that if it goes below a dollar the witnesses will come together to force it above a dollar again.... but it rises above a dollar the market will take over.

I wonder though, if it goes below a dollar these days....if the witnesses will come together to force it above a dollar again.

Fun fact, look at the historical chart for steem and sbd, when no one gave a shit about either sbd was trading for well under a dollar, but probably because steem was trading for pennies.

Exactly. I suspect STEEM would have to be in the shitter for SBD to break the peg to the downside. So, in a bear market and close to 1 USD in price, SBD is good, IMO.

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STEEM 0.28
TRX 0.13
JST 0.032
BTC 65231.30
ETH 2943.84
USDT 1.00
SBD 3.66