The peg is trading at a discount because that is what we think its worth. A new economy has birthed and we expect it to track perfectly? To me, that is the nature of our BitUSD to trade at a discount on open. Factoring risk etc it seems perfect.
Until the dollar (BitUSD) gains confidence, I don't expect it to reach parity. Its been a few days and we are unnecessary panicking. Let the economy discover itself.
The price is correcting naturally. After the tremendous gains investors are taking profits and celebrating. If you put down $50k and made 1/4 million under 2 weeks you sell. We see this in the alt market everyday. Its normal.
These runs don't continue forever, there is and always will be a correction. You cant stress over natural market forces, its a terrible way to live. The sell isn't due to or related to BitUSD peg, quite frankly no one gives a shit right now.
BM and all the devs are doing some of the worlds greatest work. I don't understand most of it, all I know is it can change the world and I need these BTSX. Its early days in the timeframe and were all lucky to be here!
Take a look at the chart below and identify key support, resistance and trend lines. Right now we are at one of significance. A strong green candle off that Fibonacci line is what your looking for. We are in a correction that has met a long term upwards trend, sitting nicely on solid resistance. Any break out of that rectangular box will be of great interest be it up or down.
Looking out for that fat green candle..