I am really sorry for your situation, and actually have been in a similar one myself. When I first came out to my wife, she told me very similar things that your wife said. She even had me convinced she was right. As it turns out, she was wrong. She is still the only person in my life that does not accept me for who I am. And, my physical appearance is turning out better than I had hoped. I am by no means beautiful, but I don't think I am ugly either. Please, don't let her words get to you too much. Only time will tell what transition holds for you.
As for waiting for hrt to start, yes it sucks! Waiting to start hormones is a very difficult time as I am sure many people here can tell you. Your time will come, and it will be wonderful when it does.
Stay strong, and remember you have family here.