HBD Stabilizer will put pressure on keeping HBD at $1. This is due to the fact it has different actions based on the price.

Interest will encourage more HBD holding, and the HBD Stabilizer will attempt to counteract any shift.

That being said, outside conditions can put a lot of pressure up or down. For example, SBD spiked to nearly $20 because the Korean exchange Upbit listed STEEM & SBD and many non-steem users bought SBD raising the price, many saw this and fomo'd and jumped on board, this started to snowball until it ultimately hit just short of $20. At the time there was no SBD Potato or HBD Stabilizer and the HBD supply was only around 1M (I believe at the time). HBD supply is a lot higher now making this more unlikely, but considerably lower than the peak on Steem.

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