Reply to post: Re: Anyone know of anyone who specialises in Bitcoin property sales in the UK?

Cryptocurrencies to end in tears, says investor wizard Warren Buffett

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Re: Anyone know of anyone who specialises in Bitcoin property sales in the UK?

How do you sell the Bitcoin once you've got them? If you look at the charts online, quite a few exchanges total daily Bitcoin turnover is just a handful of coins. And are any of those exchanges regulated? What if you sell it for Bitcoins and then get ripped off, or it goes wrong? You've then still got to pay that mortgage.

If the guy wants to invest, surely he sells for sterling cash, then buys the Bitcoins himself.

It's an insanely risky investment, where you have to understand computer security and backups enough to guard your own wallet when you hold them - while also having to find an exchange that won't suddenly announce that it's been hacked - just after you've turned over £100,000 to them - or all your Bitcoin. Are any of them regulated or audited?

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