
A lot of the articles I read seem to talk about claiming the Bitcoin Cash fork as income on the day of the fork. This may make sense if there was only one fork per year or something. This position sounds asisine to me. There's been like 20 forks in the past year. Am I really expected to just go through and look up all these shitcoins to see prices of fork at day of inception to find out how much "income" I received from these stupid forks, and figure out how many btc I held at that day, ad infinitum? It just makes no sense. It seems to make more intuitive sense to me to just ignore all of them and treat the cost basis as $0 should I inevitably figure out how to cash out any of these pieces of garbage coins. via /r/Bitcoin http://ift.tt/2EKKzcq