Bitcoin's inflation schedule is quite ingenious actually because the new supply forces the price back to a level commensurate with new demand. It's not possible for the price to remain overly-hyped for too long.
yes it is, isn't it?
the asymptotic distribution schedule encourages new miners to get in and attempt to compete for these new coins with each and every new innovative or economically advantageous way they can devise. current miners are encouraged to stay as long as they can keep up with costs. new buyers of BTC are encouraged to get in on a new fixed supply currency that is "still" bootstrapping itself.
it's obvious now (but not always in times past) that pre-mined or IPO'd altcoins are unfair to new entrants.