How are you planning on making your own integrated circuit? That's where the IC in ASIC comes from. Your question is akin to someone asking if it's not possible to home build a GPU or home build an Intel-compatible processor:)

I believe the general consensus (albeit very general) is that LTC is more suited to micro-transactions.

Whilst you raise a valid point, I believe the DDoS attack only started when the price dipped - perhaps as a trigger. For eg, cause the new traders to panic and sell because it looks like mtgox is getting hacked, which causes the price to plummet, which causes more panic selling.

Brain wallets, paper wallets, and deep cold wallets are additional excellent ways of creating a secure wallet for occasional transacting.

I'm sure nanotube will vouch for me if need by - I'm a reasonably rated #bitcoin-otc member, and I run #bitcoin-otc-africa.

Hi everyone - I'm fluffypony on freenode, and I run #bitcoin-otc-africa for BTC OTC trading within Africa. In case you were wondering, I live in South Africa:)