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Launch HN: CoinTracker (YC W18) – Cryptocurrency portfolio and tax manager

news.ycombinator.com

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Re: Launch HN: CoinTracker (YC W18) – Cryptocurrency portfolio and tax manager

#121

Post by tharindufit »

htormey wrote: post #120
tharindufit wrote: post #119

Interesting!. I have also developed a simpler and elegant cryptocurrency portfolio tracker app in last September 2017 with same name CoinTracker and available on Apple AppStore and Google Playstore (a version of the same app, which one of my friend did). You might also like to check it out and give a feedback [CoinTracker]( https://cointracker.cash ) But, the domain is .cash :-)

This is a totally different product. Your app looks very nice but it is similar to hodl, a mobile app where you have to manually input coins one by one. The cointracker.io people import from exchanges, wallets via APIs and cab file import. Which allows you to track your positions without all the manual labor of inputting them one by one. They are also selling a tax service for us customers. Hopefully you guys can wor…

Yes. It is slightly different in function, but basically the same main functionality in a different way probably. The name is fine anyway.

Re: Launch HN: CoinTracker (YC W18) – Cryptocurrency portfolio and tax manager

#123

Post by phn »

kang wrote: post #116
phn wrote: post #107

Earlier quoted context omitted.

I actually think conflating cryptocurrency with not paying taxes may does not help anyone in the discussion. Banking fees, sure. But taxes? That's a whole ideological discussion not even closely related to crypto.

The least we can say is satoshi's whitepaper lists eliminating financial intermediaries as the prime motive, in the first paragraph itself.

Well, my point still stands.

Taxes are not a financial intermediary. Taxes are something a government charges to fund a country, even though some of them may be charged when you move money around.

I understand that we can somewhat envision a self-governing crypto-nation, but even that doesn't imply lack of taxation.

Re: Launch HN: CoinTracker (YC W18) – Cryptocurrency portfolio and tax manager

#128

Post by tzumby »

What I would expect from a tool like this is data encryption using a client side generated private key. I understand this would complicate things like calculations/visualizations, but since you're dealing with pretty sensitive data I think it would be worthwhile.
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