I've seen reports from users about the wait time. Can someone tell me why they do this? I mean a transaction should be fast but they delay it for what? Why?
Seems to me that one of two things is at play, but without knowing how they operate, it's hard to say. Are they basically acting as a broker for you, executing all buys/sells? If so, and they won't sell while high, it's likely due to them being worried that THEY won't cover/profit when THEY sell the coins they just bought from you. Additionally, if that's how they're doing it and it's just 1 or a few greedy individuals, it may be a ponzi scheme and they can't cover a high sell because they don't have the money... Not sure why you wouldn't go straight to an exchange and execute the buys/sells yourself though? Is that not an option? I commented to someone about how unregulated the CC industry is and figure it's a matter of time before the gov't steps in and requires all transaction be handled by licensed brokers but I guess I don't know if the market has managed to regulate itself in that manner.