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CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

techcrunch.com

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Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#71

Post by wpietri »

mtnGoat wrote: post #66
wpietri wrote: post #29

Earlier quoted context omitted.

Thank you for saying so. As far as I'm concerned, it's speculation, not investment. Investment has some sort of underlying productive asset which one gets a part of and that then hopefully pays returns. Speculation is betting money on price movements. As long as we're trying to rehabilitate financial terms, cryptocurrencies don't have "market caps". Stocks do, because they represent companies which could plausibly be…

isn't most investing speculative though?

Not really, except in a sense that's pretty close to wordplay.

Investing is about looking at the fundamental value of something, its economic productivity. Speculation is betting on fluctuation. If I put my retirement money in an index fund, I am indeed thinking about the future in a way that could be called speculative. But in the financial world, speculation has a specific meaning that is distinct from investing:

https://en.wikipedia.org/wiki/Speculation

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#72

Post by marshiker »

chanfest22 wrote: post #13
_fs wrote: post #7

I tried it before and found https://cointracking.info/ much more useful in nearly all comparisons. Better tax info and preperation, better syncing, more supported sync targets, faster updates, more tracked coins, and better stats pages. And this is all on the free version of coointracking. If you pay the yearly fee, the auto syncing and auto-wallet sync is a huge standout.

(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.

Your service is much expensive than them

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#73

Post by mecha9 »

chanfest22 wrote: post #13
_fs wrote: post #7

I tried it before and found https://cointracking.info/ much more useful in nearly all comparisons. Better tax info and preperation, better syncing, more supported sync targets, faster updates, more tracked coins, and better stats pages. And this is all on the free version of coointracking. If you pay the yearly fee, the auto syncing and auto-wallet sync is a huge standout.

(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.

Mistake, thought guy replying was talking about Cointracking.info which does have a bad UI

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#74

Post by LeoPanthera »

mecha9 wrote: post #73
chanfest22 wrote: post #13

Earlier 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.

Mistake, thought guy replying was talking about Cointracking.info which does have a bad UI

I find this comment surprisingly hostile, which is especially surprising given that the subject of UI design is so subjective.

I find the design of Cointracker to be quite good, personally. It seems clean, simple, and easy to understand.

(I have no connection to Cointracker other than as a user.)

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#75

Post by mattbeckman »

mecha9 wrote: post #73
chanfest22 wrote: post #13

Earlier 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.

Mistake, thought guy replying was talking about Cointracking.info which does have a bad UI

@mecha9 I think you're confusing CoinTracker.io for CoinTracking.info. Former got funding. Latter I haven't used.

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#76

Post by michaelgrosner2 »

cft wrote: post #54
_fs wrote: post #7

I tried it before and found https://cointracking.info/ much more useful in nearly all comparisons. Better tax info and preperation, better syncing, more supported sync targets, faster updates, more tracked coins, and better stats pages. And this is all on the free version of coointracking. If you pay the yearly fee, the auto syncing and auto-wallet sync is a huge standout.

Does cointracking generate 8949 statements when you have >100k transactions?

EDIT: Wrote this on my phone where I confused Cointracker with Cointracking

I had something like 50k+ transactions last year. Cointracking wouldn’t create a 8949 for me because their servers couldn’t handle a dataset that large, but they could create a capital gains CSV file that was super easy for my acccountant to sum up a few columns and make the 8949. That said, their very high transaction count plans are $1000+, which seems insane. Through a bug they had interfacing with HitBtc I was able to get the CSV for free, but next year I doubt I’ll use this service at that high price.

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#77

Post by a_t48 »

mecha9 wrote: post #73
chanfest22 wrote: post #13

Earlier 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.

Mistake, thought guy replying was talking about Cointracking.info which does have a bad UI

https://news.ycombinator.com/newsguidelines.html

> Be civil. Don't say things you wouldn't say face-to-face. Don't be snarky. Comments should get more civil and substantive, not less, as a topic gets more divisive.

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#78

Post by mecha9 »

mattbeckman wrote: post #75
mecha9 wrote: post #73

Earlier quoted context omitted.

Mistake, thought guy replying was talking about Cointracking.info which does have a bad UI

@mecha9 I think you're confusing CoinTracker.io for CoinTracking.info. Former got funding. Latter I haven't used.

Yes I am, sorry

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#79

Post by trophycase »

michaelgrosner2 wrote: post #76
cft wrote: post #54

Earlier quoted context omitted.

Does cointracking generate 8949 statements when you have >100k transactions?

EDIT: Wrote this on my phone where I confused Cointracker with Cointracking I had something like 50k+ transactions last year. Cointracking wouldn’t create a 8949 for me because their servers couldn’t handle a dataset that large, but they could create a capital gains CSV file that was super easy for my acccountant to sum up a few columns and make the 8949. That said, their very high transaction count plans are $1000+,…

The one year plan is $120. Not sure where you're seeing 1000+

Re: CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

#80

Post by chanfest22 »

LeoPanthera wrote: post #64
chanfest22 wrote: post #13

Earlier 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.

You still don't support Bitcoin Cash local wallets, and you still don't support any kind of local wallet that is more than a single address. Come on guys, it's been months, this is basic stuff.

Working on it and would like to add this soon!
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