Namecoins (NMC) and NMC/BTC depressed prices

[AlgoSwan]

Since they're merged mining with bitcoins (BTC) namecoins (NMC) prices tanked until recently. It was logical to convert NMC into BTC's when prices flirting around 0.1 BTC, but current prices are joke even it hit 0.002 a few weeks ago. If NMC will not die in near future and if we look at difficulty ratio of NMC and BTC, current price of NMC/BTC should be at least half of 0.1 which means 0.05,,, so we are very very far away from this point. Why?

[Arbitrageur]

WHY?!