I am a miner.
I have mined and collected, traded, and this night I had a bad dream.Poloniex was closed down.
What would happen if they closed?Do you think it is safe?Poloniex is not due to SEC regulations or other regulators?
Is it a safe heaven or are we unaware of the risk?
Is there a lesson we must take from Mtgox case?
Any opinions are well come...
if poloniex close, the trader will move into another market and there are many market available like poloniex. i think for now, poloniex is safe although there are still have lag on the connection but so far its fine for me. i don't know about SEC regulations so i am not thinking about that.
in the online, there are no safe place we can hide but don't think too much about this, just make sure you follow any procedure that needed and you are fine and good.
of course there are many lesson from mtgox which is don't put all of your bitcoin and all of your altcoin in just one market, spread it into other market so if one market scam, you still have your coins in other market and you can still continue trading.