Saying it's still within 5% and of course explaining that premiums occur during certain markets is by definition not a pegged asset. The concept is incredibly simple.
It is as close to the real thing that exists without either:
A. Paying people to more closely maintain the peg like Nushares/Nubits does (and diluting Nushares stakeholders to do so)
or
B. Centralizing the process like Tether
The fact of the matter is the market pegs are working with a small spread. That spread is inevitable while maintaining the decentralized nature of Smartcoins/Nubits. Unless you have a better solution (do please share), then you are making much ado about nothing here. Congrats on making a few ridiculously ignorant posts (that are seemingly genuine) for your signature campaign though.