Monero, my man, why are you tanking?

Thank you for explanations. My own (unchanged from the time of the provocative question) is that:
MRO's inflation is designed to be very high in the opening months (the only alternative being premine, instamine or IPO -
none of which showing much success in the way of distributing the initial monetary base in a fair and functioning way). At present we are generating about 23,000 MRO per day with the BTC value of
BTC104. Bitcoin is generating
BTC3600 per day.
Since MRO's new supply is 2.9% of that of Bitcoin, it surely needs to be real interesting for the price to rise significantly.
Again, I don't think this is a bad thing. It is just the nature of the fair coin generation function (and the very reason I lost my alt virginity). When Bitcoin was launched in 2009, the price went basically nowhere in the following 1.5 years. But once the inflation had slowed and exchange opened, it started the 6400x moonshot in 1 year.
When MRO is 1.5 years old, about 40% of the supply will have been mined and the inflation has been slowed to 14k MRO/day. At that point it is difficult to imagine that the price would be this low

On the other hand, the network security will still be there unlike with the rapidly mined coins.
All scamcoins, pump&dumpcoins, IPO-"coins", 100%premine-coins: you have yet to see your 1.5th birthday.
