A lot of HN users were aware of bitcoin when it was worth pennies. Seeing it sitting at 50,000 dollars after trashing it created bitterness and cognitive dissonance.

I visit other sites where I can honestly say their users are honestly ignorant, given their lack of technical understanding. But here? This is sad to watch. If crypto/blockchain/web3 continues the current trajectory (or bitcoin goes to 100K), it will be worse, because the proud/bitter HN user will never admit to themselves that others can "get it" even though "I didn't get it".