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I tried it before and found https://cointracking.info/ https://cointracking.info/ much more useful in nearly all comparisons. Better tax info and preperation, b

by _fs 8y ago

I tried it before and found https://cointracking.info/ 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.

chanfest22 8y ago
(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 https://www.cointracker.io and see how we can improve further.
- NeonVice 8y ago
  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.
  - chanfest22 8y ago
    Coming soon!
- siukwai 8y ago
  Does CoinTracker support ethereum (smart contract) multi-sig wallets?
  - chanfest22 8y ago
    Could you share an example to feedback@cointracker.io?
- lemoncucumber 8y ago
  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.
  - dumbfounder 8y ago
    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?
    - chanfest22 8y ago
      Sorry that wasn't super clear to begin with — we have added a banner when cost basis is still updating now so that you can see when the updates are done.
  - deleted 8y ago
    [deleted]
- LeoPanthera 8y ago
  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.
  - chanfest22 8y ago
    Working on it and would like to add this soon!
- marshiker 8y ago
  Your service is much expensive than them
- mecha9 8y ago
  Mistake, thought guy replying was talking about Cointracking.info which does have a bad UI
  - LeoPanthera 8y ago
    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.)
  - mattbeckman 8y ago
    @mecha9 I think you're confusing CoinTracker.io for CoinTracking.info. Former got funding. Latter I haven't used.
    - mecha9 8y ago
      Yes I am, sorry
  - a_t48 8y ago
    https://news.ycombinator.com/newsguidelines.html 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.
- sockgrant 8y ago
  Do you support importing from gdax?
  - chanfest22 8y ago
    Yes
cft 8y ago
Does cointracking generate 8949 statements when you have >100k transactions?
- avenoir 8y ago
  I am too interested in this. It'd be a massive stack of 8949s.
  - cft 8y ago
    8949 only allows for 14 transactions. You need to generate 8949 statement https://www.irs.gov/instructions/i8949#idm140253115164448 https://www.irs.gov/instructions/i8949#idm140253115164448 see Exception 2 My statement had 390 pages.
- michaelgrosner2 8y ago
  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.
  - trophycase 8y ago
    The one year plan is $120. Not sure where you're seeing 1000+
    - michaelgrosner2 8y ago
      Whoops, I conflated Cointracker.io (https://www.cointracker.io/tax/plans https://www.cointracker.io/tax/plans) with Cointracking.info. Sorry!
LeoPanthera 8y ago
I checked this out but fell at the first hurdle. CoinTracker connects to your Coinbase account and auto-imports. CoinTracking requires you to go through an export/import cycle whenever you make more trades. Yikes.

by _fs 8y ago

chanfest22 8y ago

(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 https://www.cointracker.io and see how we can improve further.

NeonVice 8y ago
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.
- chanfest22 8y ago
  Coming soon!
siukwai 8y ago
Does CoinTracker support ethereum (smart contract) multi-sig wallets?
- chanfest22 8y ago
  Could you share an example to feedback@cointracker.io?
lemoncucumber 8y ago
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.
- dumbfounder 8y ago
  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?
  - chanfest22 8y ago
    Sorry that wasn't super clear to begin with — we have added a banner when cost basis is still updating now so that you can see when the updates are done.
- deleted 8y ago
  [deleted]
LeoPanthera 8y ago
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.
- chanfest22 8y ago
  Working on it and would like to add this soon!
marshiker 8y ago
Your service is much expensive than them
mecha9 8y ago
Mistake, thought guy replying was talking about Cointracking.info which does have a bad UI
- LeoPanthera 8y ago
  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.)
- mattbeckman 8y ago
  @mecha9 I think you're confusing CoinTracker.io for CoinTracking.info. Former got funding. Latter I haven't used.
  - mecha9 8y ago
    Yes I am, sorry
- a_t48 8y ago
  https://news.ycombinator.com/newsguidelines.html 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.
sockgrant 8y ago
Do you support importing from gdax?
- chanfest22 8y ago
  Yes

cft 8y ago

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

avenoir 8y ago
I am too interested in this. It'd be a massive stack of 8949s.
- cft 8y ago
  8949 only allows for 14 transactions. You need to generate 8949 statement https://www.irs.gov/instructions/i8949#idm140253115164448 https://www.irs.gov/instructions/i8949#idm140253115164448 see Exception 2 My statement had 390 pages.
michaelgrosner2 8y ago
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.
- trophycase 8y ago
  The one year plan is $120. Not sure where you're seeing 1000+
  - michaelgrosner2 8y ago
    Whoops, I conflated Cointracker.io (https://www.cointracker.io/tax/plans https://www.cointracker.io/tax/plans) with Cointracking.info. Sorry!

LeoPanthera 8y ago

I checked this out but fell at the first hurdle. CoinTracker connects to your Coinbase account and auto-imports. CoinTracking requires you to go through an export/import cycle whenever you make more trades. Yikes.