this is definitely an interesting way to buy and sell. I also like that they are upfront and honest with some of the risks of using this currency, definitely something to look into
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What is Bitcoin backed by?
The value of a commodity is determined by supply and demand. The supply side of Bitcoins is limited by design. The demand comes from people wanting Bitcoins to trade with.
As Bitcoin is a very, very new currency, the value is heavily influenced by speculators and because of this it can increase or decrease very quickly.
Can somebody steal my wallet?
By default and using the official client, the wallet is just a file on your computer. As such it can definitely get stolen if your computer is victim to a virus or other malware. Bitcoin developers are constantly working on better ways to protect your wallet data from theft. We strongly recommend you check out the latest suggestions on the Bitcoin Wiki: Securing your wallet
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