I'm fairly new to this whole crypto currency mining thing so please don't take this the wrong way it's not meant to be an insulting question.... anyway, how can this coin ever make anyone any money mining? Surely it's only those that mined the first batch and cashed out during it's peak that will make a profit? Why would anyone invest money into this coin? How can it have any long term future? I'm guessing miners are cashing out asap so it's value wont really rise in the future and it'll continue to tumble day after day?

Genuine questions.