A no-coiner either has never heard of Bitcoin or is someone who believes Bitcoin have minimal value and are doomed to fail. They don’t hold Bitcoin or are averse to holding any Bitcoin. It should be noted that a lack of Bitcoin in a person’s portfolio is not enough to label someone a no-coiner. Instead, the no-coiner tag stems from their attitude or philosophy of Bitcoin.
For instance, it would be used to refer to those who have knowledge of Bitcoin but feel they are too late and who failed to invest in Bitcoin during the coin’s early days. As a result, they express their bitterness to those who embraced the opportunity. Notably, they manifest their anger or frustrations through constant reminders that BTC is no more than a scam or a bubble that is headed for ruins.
No-coiners suffer from what philosophers call ressentiment. As such, they redirect their failures and pains to external factors. Interestingly, those who don’t believe in cryptocurrencies exude the same fierceness as those who do.
No coiners can range from those who are ignorant, sceptical; all the way to those who are hysterically confident that the world has no place for Bitcoin in the world.