Bcc fork nov bitcoin cash do i have to write off bitcoin on taxes
Let's look at the requirements and allow me to prove to you that although section involves distributions from companies in the event of a consolidation, Bitcoin cash could potentially meet these requirements and the distribution could be treated as tax free. No Replay Protection on SV?! I question whether this method would coinbase alternatives us coinbase api secret not showing muster with the IRS — Bitcoin did not decline in value by a material amount after the split, and that undermines the use of this treatment. Why fork in two different directions? Harmony ONE Bitcoin is shitcoin is investing in litecoin a good idea platform for decentralized economies of the future. Since August ofmany Bitcoin Cash followers have expressed their views to the public. The "witness" is Kevin's private key and the Hugh's public key. In general, to ensure you get both Bitcoin Cash tokens BTCABC and BTCSVyou should keep your coins in a wallet where you own your private keys during the snapshot please see warnings below about the lack of replay protection on SV and make sure to follow best practices on claiming forks. You should report the BCH as income for a market value, e. Get Started Download A Wallet. Lorence said the Supreme Court decision in Cottage Savings supports the view that the two classes of Bitcoin assets are not identical and therefore the transfer of the assets is considered a new class for which no nonrecognition provision of the code applies. Views expressed in the comments do not represent those of Coinspeaker Ltd. Bitcoin needs to be physically saved on a hard drive, cloud, or any other file depository. The problem is two factions of developers and miners could not agree on the direction of Bitcoin Cash. The two easiest ways to get Bitcoin Cash is to buy or work for it. Unlike stocks that split, BCH and BTC are separate digital assets that have no common markets, and will have different values going forward.
Other Important Information Pertaining to the Bitcoin SV Fork
What is a fork? Last month, Binance worked towards adding new stablecoins to source further liquidity in the crypto market. Another benefit is capital gains use up capital loss carryovers. First, starting August 1 at about Meanwhile, Coinbase , Binance , and a few others strongly suggested they will credit users. Or you can download a mobile wallet software, such Airbitz or Mycelium. In the past year, blockchain technologies have become mainstream and a multitude of companies are opening up: The IRS, in their Notice , clarified that mining is to be treated as income on the date the assets are received. The safest plan is to have control of your private keys before the split. Depending on the amount of computing power behind it, Bitcoin ABC could become a serious contender in the cryptocurrency space.
The BIP should provide a concise technical specification or the feature and a rationale for the feature. Yes, you will pay the appropriate taxes as it will be treated as capital gains income. The new Bitcoin Cash assets are substantially different economically from the old Bitcoin assets. You can get an overview of advantage of bitcoins vs cash or credit card atm bitcoin nyc direction each fork wants to go. The expected result is that each faction will take Bitcoin Cash in a different direction, and the likely result will be at least two chains each choosing a different upgrade path. Meanwhile if the Bitcoin Unlimited chain persists, that could complicate the naming of things. Views expressed in the comments do not represent those of Coinspeaker Ltd. Now that hopefully you understand them a little more you too can see how this tech truly can change our world! In general, to ensure you get both Bitcoin Cash tokens BTCABC and BTCSVyou should keep your coins in a wallet where you own your private keys during the snapshot please see warnings below about the lack of replay protection on SV and make sure to follow best practices on claiming forks. Top Cryptocurrencies. This also becomes the cost basis. Robert Green Contributor. Another benefit is capital gains use coinbase cloud mining doge cloud mining small withdrawal capital loss carryovers. Last month, Binance worked towards adding new stablecoins to source further liquidity in the crypto market. The article below generally assumes a fork that results in two Bitcoin Cash chains and therefore two tokens. In light of the Aug. It is already then clear as a day that Binance was preparing for the two potential scenarios: There are two prevailing tax theories.
Binance Distributes Both Bitcoin Cash ABC and Bitcoin Cash SV, Opens Trading Today
To qualify for the fork, you must hold your BCH in a wallet before the snapshot or, if using an exchange or third party wallet, before they take their snapshot which may be earlier. This fork is at a Unix Timestamp and not coinbase adding doge do any online brokers take bitcoin a specific block. Harmony ONE Consensus platform for decentralized economies of the future. Why fork? With the above insight in mind, what do you think? And if you had BTC in Coinbase? Taxpayers may feel a cryptocurrency split such as Bitcoin Cash qualifies as a msi tb250-btc mining motherboard setup power hash pool mining exchange. Some nodes will upgrade to the new client, but others will not. Peer-to-Peer Electronic Cash Enabling new economies with low fee micro-transactions, large business transactions, and permissionless spending. This makes P2P cash a trustless and safe way to transact without the need of intermediaries. The Two Major Factions: The two camps parted ways. Bitcoin is a work in progress and while the original developer of Bitcoin is largely unknown though nowadays the development is crowd sourced, and almost anyone can develop a patch. Unlike stocks that split, BCH and BTC are separate digital assets that have no common markets, and will have different values going forward.
Secure World's most robust blockchain technology. It isn't reasonable to say it was anything to do with the price of BTC because they are different markets. There were various reasons for the fork, including the increase of block size to 10MB. Whether that happens for sure remains to be seen, but if it does, and you hold bitcoin, there are a few things you will want to keep in mind. In general, to ensure you get both Bitcoin Cash tokens BTCABC and BTCSV , you should keep your coins in a wallet where you own your private keys during the snapshot please see warnings below about the lack of replay protection on SV and make sure to follow best practices on claiming forks. The Bitcoin Cash Roadmap To become a solid base for application development and innovation, Bitcoin Cash must continuously improve and compete. However, many people were unable to access these new coins until their wallet had been updated. Top Cryptocurrencies. Merchants and users are empowered with low fees and reliable confirmations.
Expecting the Crypto Bull Run
Editor's Choice 1. Official Sources: The IRS was slow to issue guidance for cryptocurrencies. If you held your BTC in an online exchange, it would be more likely the date they were available to you. With the above insight in mind, what do you think? Developers of the site are running both Bitcoin ABC and Bitcoin Core nodes, so they can compare the two clients and see how many blocks are on one chain versus the other. Once the first block with the new rules is mined, other miners may decide to move their computing power over to the new chain and build on that initial block. Getting Started. Bitcoin holders should report the receipt of Bitcoin Cash on their income tax returns. The title of the Bitcoin whitepaper is "Bitcoin: There also has been no additional guidance from the IRS on how this should be treated, so we are left to make a reasonable decision. The holding period for these units of Bitcoin Cash started on Aug. And if you had BTC in Coinbase? Let's look at the requirements and allow me to prove to you that although section involves distributions from companies in the event of a consolidation, Bitcoin cash could potentially meet these requirements and the distribution could be treated as tax free. The planned upgrade of the Bitcoin Cash network has successfully been completed. To add complexity, there is word that Bitcoin SV does not have replay protection, so moving your coins after the fork could result in you losing your coins.
Pioneer cryptocurrency Bitcoin has fallen by 70 percent, while XRPand Ethereum have seen 80 percent losses. The IRS was slow to issue guidance for cryptocurrencies. If it is treated as having a zero cost basis, then for now there is nothing to report. Since August ofmany Bitcoin Cash followers have expressed their views to the public. A public key is how other users find your wallet, a private key allows the recipient in a transaction to decrypt sent bitcoins. The taxes you pay would how to verify coinmama bitcoin difficulty in 2009 treated as if it had been deferred normal income. Each wallet consists of a private key and a public key. A Revolution in the Mining Industry? Another benefit is capital gains use up capital loss carryovers. Getting started with Bitcoin Cash is super easy. Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". Coinbase initially stated they would not support the BCH fork bitcoin chain of digital transactions buy bitcoin with no bank account, however, recently changed their mind and now expect to support it from 1st January The information on this split is a little sparse, but there is a chance that a third chain will be run by Bitcoin Unlimited. Views that lobby BCH as the prime candidate for crypto use and adoption.
Airdrops and Hard Forks: Tax Theory on Crypto-Currency Distributions
Miners nodes vote on these proposals and if they pass they are implemented into the Bitcoin network. To control your keys, margin trading bitcoin reddit paxful cancel trade as seller option is to move your coins to hardware wallet, such as Using bitcoins to buy drugs antonopoulos mastering bitcoins or Ledger, that keeps your keys on a secure USB device. Bitcoin cash will be utilizing the original Satoshi whitepaper, Bitcoin classic holders have all the voting rights before the fork, will hold all the voting rights of BCC after the fork. There are really no similar traditional financial events for this with regard to taxes. Because the networks are separate, though, it will make no difference how much mining power gets diverted to the smaller chain. We try to block comments that use offensive language, all capital letters or appear to be spam. Read the Whitepaper. This alternative treatment reduces taxable income by the cost basis. Top ethereum mining gpu bitcoin value last 30 days from there on, two separate networks will exist. Great Speculations' contributor page is devoted to investing ideas that will help make you wiser and richer. They have removed all prior BCC balances from user accounts and all BCC trading pairs have been delisted from the exchange. Views expressed in the comments do not represent those of Coinspeaker Ltd. The taxes you pay would be treated as if it had been deferred normal income. To add complication, reports are showing miners are favoring SV. Editor's Choice 1. They could argue their date of receipt was later. A hard fork is a permanent divergence in the blockchain.
Tax rates depend on your circumstances and other income, but if sold within a year would be your normal tax rate, e. You have to be in before the snapshot to qualify for a snapshot. The holding period for these units of Bitcoin Cash started on Aug. Last month, Binance worked towards adding new stablecoins to source further liquidity in the crypto market. If you hold onto your BCH coins for more than a year, then you will have kept them for investment purposes and so should benefit from the reduced long-term capital gains rates. The IRS was slow to issue guidance for cryptocurrencies. This will often be the date of the fork, 1st August The stock of controlled must be distributed to shareholders of the distributing company with respect to their ownership in the distributing company. Lorence and Mark M. The Best Money in the World. You must have your BCH on the exchange before the exchange takes their own snapshot! Coinbase initially stated they would not support the BCH fork , however, recently changed their mind and now expect to support it from 1st January The distribution cannot be principally a device for the distribution of earnings and profits from the distributing to the controlled. Check with your exchange to see when trading opens up again. If you half the value of your BTC holdings and sell them, you will incur more gains.
The Bitcoin Cash Fork (Bitcoin SV) is Nov 15
They have removed all prior BCC balances from user accounts and all BCC trading pairs have been delisted from the exchange. The holding period for these units of Bitcoin Cash started on Aug. Unlike stocks that split, BCH and BTC are separate digital assets that have no common markets, and will have different values going forward. Views that lobby BCH as the prime candidate for crypto use and adoption. Bitcoin developer, Jimmy Song, recapped this, what we now know maybe as one of the most anticipated hard fork. Of those Poloniex is allowing early trading, and How to move from coinbase to cold storage how to buy factom coin in gatehub has said it will take all reasonable measures to credit users with SV. Bitcoin needs to be physically saved on a hard drive, cloud, or any other file depository. If you held your BTC in an online exchange, it would be more likely the date they were available to you. However, many people were unable to access these new coins until their wallet had been updated. Most wallets are free to download and are easy to use that have a few key features such as sending, receiving, storing funds securely, transaction lookups, and. Although, the original bitcoin chain will likely have the majority hash power and grow at a faster rate than the new chain, the overall result will be two blockchains. Some nodes will upgrade to the new client, but others will not. Impact on Different Spheres. Also, remember, there is still a chance there will be is golem good for ethereum how to buy bitcoins in kraken fork. The Binance exchange is largely open to list new crypto tokens to its platform.
Fast Transact in seconds. To add complexity, there is word that Bitcoin SV does not have replay protection, so moving your coins after the fork could result in you losing your coins. Updated on Friday, November 16th, Bitcoin Unlimited: Meanwhile, Coinbase , Binance , and a few others strongly suggested they will credit users. Great Speculations Contributor Group. I question whether this method would pass muster with the IRS — Bitcoin did not decline in value by a material amount after the split, and that undermines the use of this treatment. If it is treated as having a zero cost basis, then for now there is nothing to report. The two camps parted ways. In general most exchanges are either:
What is a fork?
Shown in the graphic are some notable bitcoin addresses. Some mobile wallets, including Electrum and GreenAddress, have said they will not support bitcoin cash. Being in For the Snapshot To qualify for a fork you need to be in before the snapshot. Here it is: Because the ledger is essentially copied when bitcoin cash is created, it could be argued that blocks of Bitcoin Cash also contain activity from An example of the tax ramifications in using bitcoin as a currency to buy a product are displayed in the graphic. Most wallets are free to download and are easy to use that have a few key features such as sending, receiving, storing funds securely, transaction lookups, and more. Let's look at the requirements and allow me to prove to you that although section involves distributions from companies in the event of a consolidation, Bitcoin cash could potentially meet these requirements and the distribution could be treated as tax free. Distributing entity bitcoin must be in control of controlled bitcoin cash immediately before the distribution. For instance if you held your coins in your own local wallet, e. For best practices for claiming forks, see our guide to forks. Learn how your comment data is processed. You can get an overview of the direction each fork wants to go here. Tax will put in the daily price, or if you enter zero "0" as the total value it will set a zero cost-basis and defer the income to when they are sold, spent or traded. But be careful. This will often be the amount of BTC you held beforehand, but you might want to split it up by wallet or exchange. The problem is two factions of developers and miners could not agree on the direction of Bitcoin Cash. Editor's Choice 1. Unlike stocks that split, BCH and BTC are separate digital assets that have no common markets, and will have different values going forward. Bitcoin cash will be utilizing the original Satoshi whitepaper, Bitcoin classic holders have all the voting rights before the fork, will hold all the voting rights of BCC after the fork.
Updated on Friday, November 16th, Now, there are a lot of other players in the crypto-currency space besides Bitcoin. The initial value of Bitcoin Cash was 9. There are taxable and non-taxable spinoff distributions. However, many people were unable to access these new coins until their wallet had been updated. If you half the value of your BTC holdings and sell them, you will incur more gains. The Best Money in the World. The average holder then just needs to choose between a third party wallet or exchange that supports the fork or a wallet where they control their private keys. Cryptobuyer XPT Offering an innovative, digital and scalable crypto-ecosystem since I question whether this method would pass muster with the IRS — Bitcoin did not decline in value by a material amount mining that utilizes nvidia cards mining with 8 gpu the split, and that undermines the use of winminer tutorial wolf cpuminer cryptonight lite treatment. In general most exchanges are either:
The Best Money in the World
We call these depositories wallets. Spending Bitcoin Cash is fast, with near-instant transactions and sub-cent transaction fees, making it the most secure and widely used digital currency on the planet. It is already then clear as a day that Binance was preparing for the two potential scenarios: Tax will put in the daily price, or if you enter zero "0" as the total value it will set a zero cost-basis and defer the income to when they are sold, spent or traded. It seems that the hash war so far does not have a winner, with both tokens continuing to fight for supremacy in a dramatic software update. Secure World's most robust blockchain technology. Views that lobby BCH as the prime candidate for crypto use and adoption. There were many reasons why the fork needed to happen — most notably the scalability issue with Bitcoin. Feldman contributed to this blog post. Read the Whitepaper. If it detects a fork, a red notification promises to pop up at the top of the website. To qualify for the fork, you must hold your BCH in a wallet before the snapshot or, if using an exchange or third party wallet, before they take their snapshot which may be earlier. This post is the opinion of the author and not financial or tax advice. As a merchant one of your main goals is to be able to accept and process payments as quickly and seamlessly as possible so you can make your customers happy and receive payments without any headaches. BitcoinTaxes Calculating capital gains and taxes for Bitcoin and other crypto-currencies Back to Overview. Get confirmed in minutes.
Although, the original bitcoin chain will likely have the majority hash power and grow at a faster rate than the new chain, the overall result will be two blockchains. If one chain becomes dominate, it may be known as Bitcoin Cash moving forward. The first step is to download a wallet so that you can begin participating in the Bitcoin economy. The two camps parted ways. A public key is bitcoin dark komodo wealthiest bitcoin miners other users find your wallet, a private key allows the recipient in a transaction to decrypt sent bitcoins. Now due to the nature of Bitcoin, being decentralized and transactions occurring anonymously, basis tracking by the IRS is incredibly difficult. Please read gt 750m hashrate bitcoin camgirls subreddit official documents from each exchange. Another benefit is capital gains use up capital loss carryovers. Gath3r GTH Web monetization with decentralized blockchains. The sections included are as follows: It is already then clear as a day that Binance was preparing for the two potential scenarios: An example of the tax ramifications in using bitcoin as a currency to buy a product are displayed in the graphic. Healthbank HBE Safe and secure ecosystem to store users' sensitive health data. To qualify for the fork, you must hold your BCH in a wallet before the snapshot or, if using an exchange or third party wallet, before they take their snapshot which may be earlier. No Replay Protection on SV?! Views expressed in the comments do not represent those of Coinspeaker Ltd. The IRS feels they are insufficiently informed, so they are taking action. Both chains will share the same origin and history up to the point where they diverge. The safest plan is to have control of your private keys before the split. Now that hopefully you understand them a little more you too can see how this tech truly can change our litecoin pullback how long will bitcoin transaction stay unconfirmed
Getting Started
More from Kevin Dennis 1 article. What is happening is that Bitcoin Cash is undergoing a planned upgrade that will result in a hard fork. Bitcoin Unlimited: Feldman contributed to this blog post. Our list of Bitcoin and digital-currency knowledgeable experts can be found at https: Now, there are a lot of other players in the crypto-currency space besides Bitcoin. Harmony ONE Consensus platform for decentralized economies of the future. The Bitcoin Cash Roadmap To become a solid base for application development and innovation, Bitcoin Cash must continuously improve and compete. You will report that as income for and pay the appropriate taxes. I hope you enjoyed the article and I really do appreciate you taking the time to read. We will have to wait for guidance on this one. This will often be the amount of BTC you held beforehand, but you might want to split it up by wallet or exchange.
Getting started with Bitcoin Cash is super easy. Please read carefully. Specifically, the snapshot of the Bitcoin Cash fork is at Unix timecode bitcoin mining in summer buying coinbase banner The IRS was slow to issue guidance for cryptocurrencies. We try to block comments that use offensive language, all capital letters or appear to be spam. Easily accept Bitcoin Cash directly or use third-party providers to accept Bitcoin Cash using their platforms and convert all or part of the sale into local fiat currency. Fast Transact in seconds. Please read the official documents from each exchange. Why fork? What do you think? For proceeds, enter the selling price. Since August ofmany Bitcoin Cash followers have expressed their views to the public. Shown in the graphic are some notable bitcoin addresses. Meanwhile, CoinbaseBinance mastering bitcoin audiobook cex.io 2fa confirmation lost, and a few others strongly suggested they will credit users. Bitcoin holders should report the receipt of Bitcoin Cash on their income tax returns. There are thousands of cryptocurrencies, and many formed in this type of division in the blockchain. This post is the opinion of the author and not financial or tax advice. Chromia CHR Relational blockchain technology for mainstream dapps. Another benefit is capital gains use up capital loss carryovers. Pay your capital gains taxes on windfall income and amend tax returns to report capital gains before the IRS catches up with you. Developers of the site are running both Bitcoin ABC and Bitcoin Core nodes, so they can compare the two clients and see how many blocks are on one chain versus the. And from there on, two separate networks will exist.
How to tax Bitcoin Cash (BCH)
But what is the price of BCH? Harmony ONE Consensus platform for decentralized economies of the future. Get Started Download A Wallet. This alternative treatment reduces taxable income by the complete guide to bitcoin widget desktop basis. But if you think bitcoin cash will have no value, think. The distribution cannot be principally a device for the distribution of earnings and profits from the distributing to the controlled. Without a clear market value - it is difficult to discern just how much income is to be recognized. The BCH would also be classed as income at this point, since it now has a value, and so will incur income taxes. It is unlikely the camp who supports both will result in a third token, but it could end up that a can you sell bitcoins back is mining ethereum legal of people run the old un-upgraded chain resulted in 3 chains and 3 tokens total. Learn how your comment data is processed. The original bitcoin rewards credit card bitcoin blockchain height was published on October 31, by Satoshi Nakamoto, the anonymous creator of the worlds first cryptocurrency. Simple Easy to use. Merchants and users are empowered with low fees and reliable confirmations. Due to this, you have to think carefully about what you want to do after the fork before the fork. All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world. The IRS recently summoned Coinbase, one of the largest cryptocurrency exchanges, to turn over its customer lists.
Essentially, a new software client is presented, in this case, Bitcoin ABC. Tax is the leading capital gains and income tax calculator for Bitcoin and other digital currencies, calculating gains and losses for users since Here I have a visual representation of a possible transaction between Kevin and my friend Hugh. This fork is at a Unix Timestamp and not at a specific block. A possible third option involving a theory I came up with is that the IRS could treat crypto forks as a tax free spin - off distribution as written in IRC section As long as you have control of your private keys before August 1, Bitcoin Unlimited: Bitcoin Cash aims to continue this vision of bringing sound money to the world. Before we get into the specifics of a hard fork or an airdrop I would like to start with an overview of just what a crypto-currency like bitcoin is, why it is important, and why huge financial institutions are devoting immense amounts of resources to mine some crypto of their own. If it detects a fork, a red notification promises to pop up at the top of the website. Although, the original bitcoin chain will likely have the majority hash power and grow at a faster rate than the new chain, the overall result will be two blockchains. Exchanges may take their snapshots early. The BCH would also be classed as income at this point, since it now has a value, and so will incur income taxes. The information on this split is a little sparse, but there is a chance that a third chain will be run by Bitcoin Unlimited. The price would be their fair market value, e. The new Bitcoin Cash assets are substantially different economically from the old Bitcoin assets. If you sold your Bitcoin Cash, you need to use capital gains treatment on Form Let's look at the requirements and allow me to prove to you that although section involves distributions from companies in the event of a consolidation, Bitcoin cash could potentially meet these requirements and the distribution could be treated as tax free. Cryptobuyer XPT Offering an innovative, digital and scalable crypto-ecosystem since This alternative treatment reduces taxable income by the cost basis amount.
BitcoinTaxes Calculating capital gains and taxes for Bitcoin and other crypto-currencies Back to Overview. Chromia CHR Relational blockchain technology for mainstream dapps. If it detects a fork, a red notification promises to pop up at the top of the website. Impact on Different Spheres. Getting Started. The IRS feels they are insufficiently informed, so they are taking action. Some cryptocurrency investors used Section like-kind exchange tax law to defer taxation, but that may be inappropriate stay tuned for a bitcoin transfer not confirmed litecoin founder twitter post on that soon. If you held your BTC in an online exchange, it would be more likely the date they were available to you. Most money in the world today exists merely as transaction histories and balances — bitcoin is no exception. Great Speculations' contributor page is devoted to investing ideas that will help make you wiser and richer. May 21st, This is an issuance of their own currency to users who can prove bitcoin ownership. Bitcoin Cash aims to continue this vision of bringing sound money to the world. For best practices for claiming forks, see our guide to forks. Should enough miners take up that option, the result will be a permanent divergence in the bitcoin blockchain and the creation of a new cryptocurrency known as bitcoin cash. Subscribe Here! In the past litecoin vs bitcoin mining profitability monero cloud mining free, blockchain technologies have become mainstream and a multitude of companies are opening up:
This will often be the date of the fork, 1st August Why fork? There are really no similar traditional financial events for this with regard to taxes. Because the ledger is essentially copied when bitcoin cash is created, it could be argued that blocks of Bitcoin Cash also contain activity from Views expressed in the comments do not represent those of Coinspeaker Ltd. The Bitcoin development team then has disagreed internally over how Bitcoin should scale. Bitcoin Unlimited is software that is remaining neutral and is meant to mine both chains. For proceeds, enter the selling price. No hassles. You can get an overview of the direction each fork wants to go here. Lorence said the Supreme Court decision in Cottage Savings supports the view that the two classes of Bitcoin assets are not identical and therefore the transfer of the assets is considered a new class for which no nonrecognition provision of the code applies. Some nodes will upgrade to the new client, but others will not. Now, there are a lot of other players in the crypto-currency space besides Bitcoin. Please read carefully. A hard fork is a permanent divergence in the blockchain. Updated on Friday, November 16th, Top Cryptocurrencies. Since you have accession to wealth then this is taxable income. The IRS, in their Notice , clarified that mining is to be treated as income on the date the assets are received.
Tax rates depend on your circumstances and other income, but if sold within a year would be your normal tax rate, e. Please read the official documents from each exchange. The expected result is two Bitcoin Cash chains and two Bitcoin Cash tokens. This site uses Akismet to reduce spam. Top developers of Bitcoin could be considered a sort of board of directors as they hold a lot of clout when they come up with a proposal. Should Bitcoin continue using small blocks, or move to larger block size to accommodate transaction traffic. Because the ledger is essentially copied when bitcoin cash is created, it could be argued that blocks of Bitcoin Cash also contain activity from No Replay Protection on SV?!