But its so cheap compared to other watches, analog watches I mean. And it is also competitively priced against other smartwatches, isn't it? The price really shouldn't feel all that bad.
Seiko doesn't seem to make the movement in my watch anymore (5M83), but the equivalent automatic-winding mechanical watch can be had for under $200 still.
Casio and Citizen sell analog watches for under $100.
But there are also a lot of watches that are more expensive, way more expensive than the pebble. Plus the typical price for the smartwatches, I just checked the Samsung galaxy watch, over 300€. The pebble looks fine there.
I've been on Amazfit Bip S. That's 10% of the price if we account for taxes and delivery.
And I haven't even considered the vast majority of alternatives due to (IMO) ugly OLED screens. Wouldn't buy any of those even for 30$, but you're right, they can be quite expensive.