now i'm sure these guys know what they're doing, but let's suppose poloniex shuts its doors. what effect do you think this would have on pumpville?
it is really hard to imagine what is going to happen. there just a lot of altcoins with a lot of volume on this exchange and the risk of them going down is the same as any other exchange service out there. i think there will be a lot of price drops. especially in ethereum
would people migrate to other exchanges or does poloniex have unique levels of trust compared to others?
obviously they will migrate to other places.
but i don't get why you say poloniex has unique level of trust. they are the same as any other exchanger like bittrex, c-cex, bitfniex and cryptsy and i don't see anything that separates polo from others.
can you elaborate on this?