I agree with you, I don't think daytrading with bitcoin is practical at all right now, without trusting the exchange. (If any bitcoin insiders want to prove me

I agree with you, I don't think daytrading with bitcoin is practical at all right now, without trusting the exchange. (If any bitcoin insiders want to prove me wrong on that, I'd be delighted.) Anyway, the point of bitcoin isn't daytrading. I think a service like this facilitates moving dollars to bitcoins for people who want to actually use it for bitcoin transactions, so the snide remarks about this service that I've seen are just unwarranted.