I think a lot of people would get hurt / lose value if scenario #2 played out so the human side of me prefers Scenario #1 as well but the opportunistic capitalist pig in me is hoping for sustained selling pressure down to the $1/1000DEC peg lol.
At that level I think you can buy DEC and even if it goes to $.75/1000DEC you'd make so much SPS back in the process with the liquidity pool that it wouldn't matter.
I know @bravetofu did an article on this as well and his conclusion was to buy SPS if you want / need SPS and I mostly agree with that if you have to buy RIGHT NOW.
My article is more talking about a short term trade IF DEC over extends itself by selling off too quickly with over 100 days left in the airdrop.
I wonder what his sensitivity data / table would say if you were able to buy DEC for $1/1000 with 100 days left in the airdrop and where you would end up compared to a final price of $0.75/1000, $0.50/1000 and so on.
If DEC keeps falling, at some point it has to be close to just printing money where even if DEC went to $0.00/1000 in the end, the SPS gained would still out value a 100% loss, to bad I'm not that great at math or I'd figure out when that point is!
Sorry, your reply got my brain rolling on this idea again lol
RE: I'm Paying Close Attention To The Price Of Dec, Here's Why