Not quite sure if you are on topic, but you do have a few interesting points.
I look back at 2019 and I wonder if the negative viewpoint you push is what happens for 2020.
2019 was a mixed bag. Our team earn more then 8 coins but spent a lot to do so. I am 62 and will be 63 very soon.
I own a piece of 1.9ph and I am not sure I want to keep doing this. It has become a job for me at a time I don't feel healthy enough to do the job.
Some days I completely agree with just about all you wrote. Other days I wonder will a strong pump happen.
Fundamentally a digital coin is very much interchangeable.
BTC + NMC merged mined is not very different then LTC and Doge coin merge mined.
In fact doge is clearly better then NMC.
I will continue mining but 2020 may see me reduce all gear to a few small machines. I will decide sooner then July.