Live data from Hacker News

CoinTracker raises $1.5M to make tracking cryptocurrency investments easy

techcrunch.com

21–30 of 94 posts

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

#21

Can the title be updated to say 'cryptocurrency' rather than 'crypto'? http://cryptoisnotcryptocurrency.com

Why do people get so pedantic over a title? Even if it is confusing at first - so what? I never understood the need to correct such minor details...

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

#22
post #4

We 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.

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

#23
post #18

Can the title be updated to say 'cryptocurrency' rather than 'crypto'? http://cryptoisnotcryptocurrency.com

Which type of cryptography investments do you think readers will confuse this with?

The other day someone invested $50MM into a non-profit to further the development of Signal/WhatsApp, two phone apps that provide end-to-end encryption for billions of people around the world.

That's a crypto investment that has nothing to do with blockchainiacs.

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

#24
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.

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

#25
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.

Does CoinTracker support ethereum (smart contract) multi-sig wallets?

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

#26

Can the title be updated to say 'cryptocurrency' rather than 'crypto'? http://cryptoisnotcryptocurrency.com

Agreed. As pointless as railing against language change is, it bothers me a bit that 'crypto' has come to be synonymous with a very small (yet very loud) area of the application of Cryptography. But this too shall pass.

I think you mean that we'll come to accept it, correct?

Much like we accept that most people say 'USB' when they mean memory stick, or when someone says the word 'microwave' we assume they are talking about the metal oven that cooks their food.

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

#27
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.

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.

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

#28

Can the title be updated to say 'cryptocurrency' rather than 'crypto'? http://cryptoisnotcryptocurrency.com

German here, we really need some tool to keep track of our bigram tables. Last time my granddad lost one it didn't end well...

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

#29
post #5

Investments? When you buy a crypto currency, what are you investing in?

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 purchased in one go for something near that number. But currencies and commodities don't have market caps, because buying up an entire currency a) doesn't make any sense (the value of a currency is in its continued circulation), and b) would wildly distort the price if even a fraction of the total were purchased.

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

#30

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.

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 numbers don't seem to add up. Then I checked back later and looks like those numbers are updated later. But why? And by how much time?

Post reply on HN