I would just like to provide a perspective on Bitinstant from personal experience.  A friend of mine knows one of the main Bitinstant guys and worked with him about a year and a half ago when traffic was picking up originally.  He went down to Chile and spent time working on the website.  It is a completely legitimate company.  URSAY is just an employee for this company which has been hit by sudden and insane demand for Bit coins, he's not working for a Ponze Scheme as some people have suggested.  I can tell he is doing his best to keep up with the system he was given, and it's probably very frustrating for him.  I know it's frustrating for considering that people's hard earned money is being managed.  I also have a considerable amount of money in the mix.  I just hope this is reassuring as a first person account of the company, and that if people have patience things will be taken care of.