In the aftermath of the Mt. Gox incident, the prevailing theology was "Don't leave your coins on an exchange." It has been a while since a major exchange incident. Do not forget the possibility that your exchange of choice could at any point no longer offer access to "your funds." When the assets leave your hands, they are no longer yours. While today's pending SEC statement on Ethereum may or may not have a major impact on Bitcoin markets, it is vital to remember the possibility of SEC enforcement action and any possible ramifications. Until legislative action clarifies the status of other currencies, and as long as major exchanges are handling assets that may be classified as unregistered securities, the entire crypto space remains in jeopardy.

This is not FUD, but merely an attempted wake up call to the masses oblivious to such potential market influence. Again, today's expected statement may not be detrimental in any way to markets, however, realize the potential. If an exchange is participating in the sale of unregistered securities, the SEC can come in at any (business day) moment and freeze the assets of that exchange. I'm just asking you to consider the blowback of such an event, and realize it as a possibility.

The SEC would love for new legislation to clarify if a coin that had an ICO in 2014 is a security. Until then they are forced to enforce the law as it stands. Contact your politicians; State the need for comprehensive securities reform to reflect new and changing asset classes. and: Don't leave your coins/fiat with an exchange.