Thank you, appreciate the reply.

I found this video from @dan-atstarlite about the steem dollar and some speculation around it and how it is more stable like you mention above.

I guess I am still a little unsure who is buying up all the SBD the idea that it's minimum $1 does not seem enough. Everyday a high % of reward SBD must be traded out for other crypto or for steem to hold/power up and i struggle to imagine the demand for SBD being high enough. I wonder if i am missing some other mechanic in play or if it's as simple as the "market doesn't lie"