This coin have really great start.
Price will going up for sure. IPO price is always cheaper than real market price, sometimes it is 2x, sometimes it is 10x, sometimes it is 100x, but IPO has his risks and that is normal. Normal market price will be 10x current price really soon, but some IPO dumpers need to dump their coins because they are weak hands.
With 1MH/s scrypt-N you can get 2000-2500 coins/day with the current dif. (rally low 7-8). With price 1500 sat you'll earn 0.02 and this would be ok, because dif. is low, and profitability need to be big on low dif.
Right now we have weak hads IPO dumpers, and market manipulators which trying to buy back their coins which they sold for 300-400 sat, they want buy back them for 100 sat. And now it is really good time to buy some stash and mine them too.
Long term price would go up, but there is only few people interested in long term right now, on the beginning, 14h after launch, but after first donation to waterproject this coin will attract much more attention.
Advice for all of you, just do the math. There is comparation with price of Vert coin, and H2O can reach that price, but only in long term, not for one day or one week.
I fully support your point of view, and those short-sighted people will pay the price.