I am working on a hard problem in computer science. The problem is NP-complete. Untill now, the fastest algorithm for this problem runs in $O(3^n)$ time and I came up with an algorithm with a time complexity of $O(2.82)^n$. Yet the paper, in which I described my approach, was rejected in three A* conferences. I am wondering why.
First conference: They asked why I did not compare my algorithm with algorithm X. They appreciated my algorithm and have not found any fault with it.
Second conference: Now I compared my algorithm with algorithm X. They asked me why I did not compare it with some parallel algorithm Y. Again they appreciated my algorithm and have not found any fault with it.
Third conference: This time I compared my algorithm with algorithm Y. They did not find any fault with my algorithm and said that it still is exponential and that for large input number it will take much time. The paper was rejected. But isn't 2.83^n a clear improvement over O(3^n)?
I'm at a loss. What should I do next to publish my result in a good conference?