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Comment by IkmoIkmo | Hacker News Reader

Ugh, why the jab at bitcoin? Replace 'bitcoin community' with any community and you've got a true statement. The amount of garbage hype jobs I see in tech outside of bitcoin is huge, it's just a facet of a market in which companies want to act bigger than they are for various reasons, put out PR pieces, and forums, newspapers and tech websites repeat them largely, usually in particular in the title because they have as much to gain from clickbait hype as the company itself, in a world of social where you're hoping people click your link on facebook.

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It's probably worse with Bitcoin because all of the community has a financial stake in it succeeding.

Absolutely that must play a role.

But it makes you wonder why anti-bitcoiners create discussion boards when they have no stake in bitcoin's failure, like the guy sanswork in whose comment tree we're posting, who is known to be an active member of 'buttcoin', a board which mostly serves to ridicule the bitcoin community, something in which he has participated in on numerous occasions for no financial gain.

It seems quite evident then that you don't need a financial stake to bring out the worst in either community.

(Unless of course they massively short bitcoin and believe their discussions on buttcoin make the price drop in any substantial way, but neither is very likely.)

I've been interested in bitcoin for years. It's an interesting community which involves math, cs and finance that leads to interesting conversations(both bit and butt). That is why I'm there.

I don't see a future for it but it doesn't mean it can't be entertaining in the short term.

Also you clearly know my history so you must know that very little of what I do involves ridicule. I'll be snarky for some truly out there comments, and I have to deal with a lot of undeserved hate, name calling, etc which can lead to less than great replies by myself but generally my conversations are balanced and friendly.

> But it makes you wonder why anti-bitcoiners create discussion boards when they have no stake in bitcoin's failure

It's actually pretty simple to explain. Buttcoin was the invention of the Something Awful community, which exists primarily to mock stuff on the Internet for comedy purposes. The fact of the matter is that the Bitcoin community is stuffed to the gills with all sorts of absurd and ill-informed beliefs which make it a rich source for mockery (and thus comedy). Given that this behavior is so common online, it's curious that the Bitcoin community doesn't seem to get why this is happening.

Because it is a bitcoin article.

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