I'm a long bull (believe it could be an outstanding store of value even if it isn't the one and only currency for transactions) but still well-diversified.  If it goes to zero then so be it (unlikely).  Helping it grow by word of mouth, etc., is my tactic.  I'd love to get a breakthrough on the custodian front but no joy there yet.

Litecoin might seem ASIC-hostile right now but how long will it be until an ASIC can be designed with enough memory to handle even Scrypt with the Litecoin parameters?   I understand the ASIC advantage won't be as great as it is with Bitcoin but eventually a Litecoin ASIC should beat a generationally comparable CPU, GPU or FPGA.

One day in the perhaps distant future a CPU could come along that beats one of today's Bitcoin ASICs (but of course the future ASIC folks won't stand still for that).  Then again maybe the economic factors in the future will make it unattractive to develop ASICs for Bitcoin mining.

Does Litecoin crank up the Scrypt parameters over time?