I personally don't think the horrorscenarios will play out that dramatic. I think many of those new scrypt-miners will actually be used to secure those networks of scryptcoins. I don't think small scrypt-coins are doomed. Can someone explain to me again why the small scrypt-coins would be doomed? thx
Yes I'm basically in agreement. There will be few attacks, but if there's a profit to
be made, the network will be secured by asics.
But to answer your original question, people with gpus are afraid of asics because
they can't compete with the big guns. Then they will look for another "asic-proof" algo
but as soon coins with that algo become profitable, there will be asics made and the cycle
starts again.
It is a shame because asics are not monsters, they are much more efficient and enviroment-friendly
than gpus. Instead of fleeing asics, we should look for algorithms that allow simpler asic design
so they are affordable to everybody.