I tried it before and found https://cointracking.info/ much more useful in nearl... (2024)

_fs on April 10, 2018 | parent | context | favorite | on: CoinTracker raises $1.5M to make tracking cryptocu...

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (2)

chanfest22 on April 10, 2018 | next [–]

(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 tried it before and found https://cointracking.info/ much more useful in nearl... (3)

LeoPanthera on April 10, 2018 | parent | next [–]

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (4)

chanfest22 on April 10, 2018 | root | parent | next [–]

Working on it and would like to add this soon!

I tried it before and found https://cointracking.info/ much more useful in nearl... (5)

NeonVice on April 10, 2018 | parent | prev | next [–]

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (6)

chanfest22 on April 10, 2018 | root | parent | next [–]

Coming soon!

I tried it before and found https://cointracking.info/ much more useful in nearl... (7)

siukwai on April 10, 2018 | parent | prev | next [–]

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

I tried it before and found https://cointracking.info/ much more useful in nearl... (8)

chanfest22 on April 10, 2018 | root | parent | next [–]

Could you share an example to [email protected]?

I tried it before and found https://cointracking.info/ much more useful in nearl... (9)

lemoncucumber on April 10, 2018 | parent | prev | next [–]

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (10)

dumbfounder on April 10, 2018 | root | parent | next [–]

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?

I tried it before and found https://cointracking.info/ much more useful in nearl... (11)

chanfest22 on April 10, 2018 | root | parent | next [–]

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (12)

marshiker on April 10, 2018 | parent | prev | next [–]

Your service is much expensive than them

I tried it before and found https://cointracking.info/ much more useful in nearl... (13)

mecha9 on April 10, 2018 | parent | prev | next [–]

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

I tried it before and found https://cointracking.info/ much more useful in nearl... (14)

LeoPanthera on April 10, 2018 | root | parent | next [–]

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.)

I tried it before and found https://cointracking.info/ much more useful in nearl... (15)

mattbeckman on April 10, 2018 | root | parent | prev | next [–]

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

I tried it before and found https://cointracking.info/ much more useful in nearl... (16)

mecha9 on April 10, 2018 | root | parent | next [–]

Yes I am, sorry

I tried it before and found https://cointracking.info/ much more useful in nearl... (17)

a_t48 on April 10, 2018 | root | parent | prev | next [–]

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (18)

sockgrant on April 11, 2018 | parent | prev | next [–]

Do you support importing from gdax?

I tried it before and found https://cointracking.info/ much more useful in nearl... (19)

chanfest22 on April 11, 2018 | root | parent | next [–]

Yes

I tried it before and found https://cointracking.info/ much more useful in nearl... (20)

LeoPanthera on April 10, 2018 | prev | next [–]

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (21)

cft on April 10, 2018 | prev [–]

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

I tried it before and found https://cointracking.info/ much more useful in nearl... (22)

michaelgrosner2 on April 10, 2018 | parent | next [–]

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.

I tried it before and found https://cointracking.info/ much more useful in nearl... (23)

trophycase on April 10, 2018 | root | parent | next [–]

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

I tried it before and found https://cointracking.info/ much more useful in nearl... (24)

michaelgrosner2 on April 10, 2018 | root | parent | next [–]

Whoops, I conflated Cointracker.io (https://www.cointracker.io/tax/plans) with Cointracking.info. Sorry!

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avenoir on April 10, 2018 | parent | prev [–]

I am too interested in this. It'd be a massive stack of 8949s.

I tried it before and found https://cointracking.info/ much more useful in nearl... (26)

cft on April 10, 2018 | root | parent [–]

8949 only allows for 14 transactions. You need to generate 8949 statement

https://www.irs.gov/instructions/i8949#idm140253115164448 see Exception 2

My statement had 390 pages.

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