Fellow UK Bitcoiners,
We are all aware that buying bitcoins in the UK is not as easy as it could be, rather cumbersome and quite pricey compared to other locations around the world.
It is exciting to see the emergence of new UK based Exchanges such as Coinfloor, Bitprice, Bit121 and IBWT, however when it comes to P2P exchanges, we've noticed the current duopoly of Localbitcoins and Bitbargain is not as attractive to buyers as they once were.
What can help make this situation better for buyers as the price premiums can sometimes be out of control and quite off-putting.
Look forward to hearing other UK Bitcoiners thoughts on this.
Cheers.
The issue with BTC exchanges in the UK is the stupid laws they have they have to comply with.
Personally I'll stick with OTC or LocalBitcoins as it eliminates the chance of the exchange magically disappearing (with the BTC) like has happened pretty much every time in the past...