However, at the same time, there are a ton of people waiting in line to get *massive* mining rigs using ASICs
This will mean a ton of new coins will be generated, and presumably a proportion of those will be sold, putting pressure on prices
The ASICs aren't going to mean that more coins are going to be generated, it means that the people with ASICs will get a larger percentage of the coins that are generated, because they will be doing a much higher number of the calculations required to mine a coin.