Isn't monero getting dropped left and right from exchanges? Guess the "privacy and anonymity" that it offers couldn't work to its advantage huh.

Cutting the smug off, When you're given the choice between a practically new kid on the block with a lot to prove for itself but shows great promise, and a veteran in the industry that's standing still despite numerous attempts at its life and is still able to provide the same if not better kind of service all these years, I'm pretty sure you'd choose the latter. And that's no surprise, bitcoin's always been the safest choice all these years after all.
Monero is good and all that, but it just couldn't hold a candle against the longevity and the sense of security that people have over bitcoin. You can make people hold bitcoin for a decade, but you can't make them hold Monero, on a particularly long amount of time.