Didnt think you could mine diamond coin with an asic
You can't. You can however user your asic to mine in a multipool (Scrypt, SHA256, Scrypt-N, X11, X13, Keccak and X15) which will then exchange the coins into DMD.
this ASIC mining would actually be big help for DMD as it will provide continuous buy pressure for DMD
the only thing blocking it is cryptsy wallet on maintainance
i invite every asic owner and dmd friend join us at
http://multipool.bit.diamonds/
How so? ASIC mining has not helped the value of LTC at all. I realize that all coins have lost value in the last 6 months or so, but if you look at Vertcoin (VTC) its loss has been less than some of the other coins. I think that's because Vertcoin is ASIC resistant and the little miners are keeping that coin afloat. If ASICS comes to DMD in a big way, it will hurt the value of the coin in the long term.