@Opus 17  I totally agree with you, I use coinbase just because it's open and transparent to US regulators and I don't want to get on the wrong side of the law.   Also here's another issue, when someone dumps coins on yobit for btc, eth etc and then moving it to cryptopia to hold for the so called "hard forks" instead of coinbase.  And then after a year they move it to coinbase to sell for USD.  How are taxes treated for this?  Is his gain/losses going to be calculated from when he moved the coin to coinbase or from when he got it on yobit? ... View more

Here's the issue as I see it, many people mine in pools so it's next to impossible to get the correct value of the crypto being mined unless one uses prohashing or other pools like theirs.  Also what about coins that aren't on exchanges yet but are being mined, they have no market value at the time they're being mined.  I can totally see a loop-hole here, where people abuse this. ... View more