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Author Topic: How do you record all your trasactions??  (Read 2094 times)
haankoammu
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September 28, 2016, 01:20:28 PM
 #61

I don't record them regularly since BTC is not taxable in my country and don't really need to keep track of it, but if you do then using something like blockchain to sort through them might be useful, it would also be possible if you write them in a notepad for everyday etc...
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MWesterweele
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September 28, 2016, 01:21:53 PM
 #62

Hello,
i want to do bookkeeping / accounting for my bitcoin transactions.
I would like to know what people are doing for calculating how much they spend in their fiat currency for bitcoin, etc.

Right now i am buying bitcoin from bitcoinlocal, and after every transaction, finding out how much $1 in my currency equals to how much bitcoin i just got.
Then when i purchase goods online, i can use that as a reference to figure out how much fiat currency i spent.
But im sure there is a better way? Any programs / wallets / spreadsheets available that do this calculating automatically for you??
YOu can view transaction on blockchain , there are lots of transaction are made there because they using api of block chain
and if you are going to ask how many transaction are made by a minute well we cant see that because it really fast that there are new transaction are being made per seconds

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mastica
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September 29, 2016, 07:37:37 PM
 #63

The only thing im thinking to adopt it to put notes on the transaction to know where im sending the money or where the money camed from, because the value we can see already, in dollar or bitcoin or other currencie.
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September 29, 2016, 07:44:41 PM
 #64

I use a ledger wallet. Scrue enough for my purpose
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September 29, 2016, 09:57:47 PM
 #65

I don't record them regularly since BTC is not taxable in my country and don't really need to keep track of it, but if you do then using something like blockchain to sort through them might be useful, it would also be possible if you write them in a notepad for everyday etc...
yeah it is always in my wallet to be honest and i never need to track it too, it is the best in my opinion

 
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dharkmadder
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September 30, 2016, 10:13:45 AM
 #66

I don't record them for taxes or the like since there are no taxes on commodities and things like bitcoins in my country but I just keep them for reference and highlight each transaction with cause "useful in remembering the reason for each one".

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October 02, 2016, 06:07:14 PM
 #67

I don't record them for taxes or the like since there are no taxes on commodities and things like bitcoins in my country but I just keep them for reference and highlight each transaction with cause "useful in remembering the reason for each one".
I do wanna to control where the bitcoins are going and for what but im lazy and usuall i just send the money without put something information about it, but i will try to control my spendings.
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October 02, 2016, 07:04:20 PM
 #68

The blockchain holds the books of accounts for all my record keeping purposes when it comes to Bitcoin transactions. On my electrum wallet, I backup the histroy of received and spent transactions along with the timestamps so that I'll know with ease when the transaction happened without having to have a look at the blockchain tx online.
rapazev
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October 02, 2016, 07:13:01 PM
 #69

Hello,
i want to do bookkeeping / accounting for my bitcoin transactions.
I would like to know what people are doing for calculating how much they spend in their fiat currency for bitcoin, etc.

Right now i am buying bitcoin from bitcoinlocal, and after every transaction, finding out how much $1 in my currency equals to how much bitcoin i just got.
Then when i purchase goods online, i can use that as a reference to figure out how much fiat currency i spent.
But im sure there is a better way? Any programs / wallets / spreadsheets available that do this calculating automatically for you??

well, i'm not very worried on how much i paid for every bitcoin i bought... but i do have a registry of my transactions on a spreadsheet. sometimes the simple are the better
Yakamoto
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October 02, 2016, 07:25:03 PM
 #70

When I buy Bitcoin the exchange I use keeps a record of all trades performed, and as such I can just go and look at that information if I really want to try and turn a profit off of some trading. Most of the time, for my P2P transactions, my wallet has a record of them, and I just use that as a reference. It really doesn't become an issue at that point, and I like that.
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October 02, 2016, 07:37:25 PM
 #71

Currently I am just using my online wallets to record whatever transactions I perform, and I namely use blockchain. It's a nice and simplistic record book (in case I ever need it for one reason or another), and I personally haven't had any issues with data retention or whatever.
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