From: slider@anashram.org

The price of the cryptocurrency has been soaring in recent weeks. With
that has come many new investors, hoping to make money from the surging interest in the virtual currency.

http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-buyer-investment-risks-lose-money-value-drop-bubble-crytocurrency-a8112396.html

But others have warned that the rocketing value of bitcoin can only be temporary, and that it is stuck in a bubble. That could eventually come to
an end in a spectacular burst, warned Andrew Bailey, head of the Financial Conduct Authority.

We know "relatively little" about how the prices change and so we should
expect it to stay volatile as it has been over recent months, he
cautioned. But that volatility could eventually be the result of a
dramatic plunge, which would leave many people invested in the
cryptocurrency out of pocket.

"It's not a currency, it's actually not regulated in its Bitcoin form," Mr Bailey said in an interview for Newsnight. "It's a very volatile commodity
in terms of its pricing.

"If you look at what has happened this year, I would caution people. We
know relatively little about what informs the price of Bitcoin.

"It's an odd commodity as well, as the supply is fixed. If you want to
invest in Bitcoin be prepared to lose your money – that would be my
serious warning."

### - sounds about right? :)

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