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superbcarrot | 5 years ago

Is it just bitter people who missed out on making a lot of money? Or is it sober and relatively informed people who are assessing Bitcoin correctly? How do we tell the difference between the two?

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nervousvarun|5 years ago

Personally don't think it's a FOMO thing it's more of a "why is this so profitable" thing?

The success of Bitcoin isn't entirely rational. And people generally (probably disproportionately so on HN) try to analyze phenomenon like this analytically.

The thing is though...financial markets are not always rational. This isn't unique to BTC.

Edit: typo

javert|5 years ago

That's a false dichotomy.

I think bitcoin is genuinely hated, just like a lot of people and technology are hated.

It doesn't necessarily come from an analysis of bitcoin, whether rational or irrational.

And it doesn't necessarily come from people who are upset because they think they are too late to make money from bitcoin.

6510|5 years ago

If the haters were of one mind they would have killed it long ago.