Well said..
I also agree that it would have been healthier for the development environment of bitcoin to have a year long resting period. I'm afraid that this isn't possible any more since the competition will also keep pushing. The word is out that it could be possible to offer monetary services separate from global banking. There are smart and powerful people and organizations developing their own variants, that won't be made public before they are considered perfect.
I personally think that the main thing that needs development is the coin supply. Fixed coin supply with increasing deflation makes the currency too attractive for speculative play. As long as there are good opportunities for speculative play, then there won't ever be price stability, and that is the main thing that creates a quality currency.
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I found this a problem when I got into Bitcoin, instead of the Step Function to introduced new coins I thought a normal distribution function would work better.

I have since concluded that at this stage extreme volitility is a feature not a bug and I think it is distributing acceptably.