Posting the exact same topic twice. Didn't you like the replies
the last time you posted it?
The reality of the situation is LTC is in the same position that BTC was in when ASICs first started being introduced to it. ASICs aren't the end of a coin, they are merely the next phase of a coin's evolution.
There may be some initial downward pressure from ASIC owners trying to get ROI on their investment but miners won't be prepared to dump at the current (or lower) prices indefinitely because the production costs won't justify it. The difficulty is only going in one direction:
In the long term those investing in LTC will most certainly win.
