This comes down to a few things ;-
1) Lack of communication from Fdev :- Before Christmas the communication was much better and people were reassured that despite Odyssey's bad launch, things were improving. The CM team should be commended for helping to 'change the sentiment' of the player base because combined with the update progress, things really felt on the way up. However since Christmas, the lack of communication, the bad news about consoles and the 'Odyssey Tiling Issue' have started a Doom Vortex, where if you search for any news about Elite, you just get the impression that there are unhappy players, bad mechanics and that Odyssey is not worth playing (which was true at launch but not since update 8).
2) Future content :- The thing about online games is they need to avoid the perception of being in maintenance mode. However, due the the above that's exactly what the main perception seems to be. In the restored (thankfully) livestreams, the subject seems to be about content generated by the community. It gives the impression that fdev have given all they're going to and it's up to the community to keep the game going. They keep on saying there are great things coming and they're making all these hard decisions for future of the game but then they don't talk about these future plans. A lot of people are waiting for them to put their money where their mouth is.