One of the golden rules in crypto is to never disclose your holdings to anyone on the internet, yet people are using these apps without a second thought!
CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
31–40 of 94 posts
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#32Investments? When you buy a crypto currency, what are you investing in?
There are many strong arguments as to why that's a bad bet, but that's the bet IMO.
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#33We launched zenledger.io There's going to be many players in this space across geographies and more. Godspeed to them all.
More choice is good. I wrote my own cryptocurrency portfolio management tool https://tulips.flurdy.io to replace a complicated a spreadsheet I used before. Still needs plenty of polish and still beta, but Tulips works for me.
I see what you did there
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#34I just hate to add another point of vulnerability into an area that is no doubt being heavily targeted by hacking groups
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#35These coin/porfolio trackers are a privacy nightmare. You're basically telling some stranger your detailed crypto finances, and it's unknown how your data may be used. One of the golden rules in crypto is to never disclose your holdings to anyone on the internet, yet people are using these apps without a second thought!
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#36Earlier quoted context omitted.
I used CoinTracker this year to help me figure out how to report cryptocurrency on my taxes, and felt like it was a total ripoff. $50 for a two line csv file? Give me a break.
They have a product that integrates with many exchanges and makes it easy to produce those 2 lines of csv. I tracked it myself and it took me a few hours. Just logged into CoinTracker and it took me about 10 minutes to do the same amount of work. It is worth $50 to me! That said, it isn't perfect. I marked several transactions as transfers but it didn't change my cap gains numbers. I added it up manually and the numb…
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#37Earlier quoted context omitted.
(co-founder of CoinTracker here). CoinTracking is indeed a great tool. That said we have also made a lot of progress over the last several weeks and now support unlimited free tracking with auto-syncing (no yearly fee!). We'd love for you to take another look at https://www.cointracker.io and see how we can improve further.
Can we please get xpub import? I use a trezor and importing each wallet address is a pain. Thanks for a great service. I used it for my taxes this year.
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#38Does anybody else not worry about providing access to their investments via direct access to the various exchanges? If they are hacked, they have a direct pipeline to my accounts? Surely not all exchanges are setup to provide secure read only data? And what about the initial auth connection? I just hate to add another point of vulnerability into an area that is no doubt being heavily targeted by hacking groups
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#39Earlier quoted context omitted.
(co-founder of CoinTracker here). CoinTracking is indeed a great tool. That said we have also made a lot of progress over the last several weeks and now support unlimited free tracking with auto-syncing (no yearly fee!). We'd love for you to take another look at https://www.cointracker.io and see how we can improve further.
Does CoinTracker support ethereum (smart contract) multi-sig wallets?
Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy
#40Investments? When you buy a crypto currency, what are you investing in?