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Author Topic: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies  (Read 121747 times)
kevindeangelis
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June 13, 2013, 09:34:25 PM
 #41

I've seen a large list from coinchoose.com (they have API)
I list a lot of coins on my site www.WhereToMine.com too - but, I don't have an api set up yet

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dwolfman
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June 13, 2013, 09:39:59 PM
 #42

Something else I just noticed.  Where it does show the coins amount, it's only going to 2 decimal places.  That really needs to allow for more.

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Dario3000 (OP)
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June 13, 2013, 10:26:20 PM
 #43

Here's something I'd like to see, as I think most people heavy into Bitcoins would also think this way.
I tend to not worry about the value in fiat until I want to cash out some of my coins.  So I prefer to see how many coins I have rather than the value of them in fiat.
Exactly what you see on many sites, for example here in the third graph:
http://my-btc.info/stats.php Your number of coins (not the value)


I noticed that it's kind of hard to see how many coins there are on most of the pages.  Maybe an option for that on the graphs or somewhere that it will just show the total in coins?
Yes, that would be possible.
An alternative would be if you create more than one account, for example one for GOX, one for BTC-E, etc., and you join them together under settings.
So you can jump with one click to another account and have all trades of a market together.


I've seen a large list from coinchoose.com (they have API)
I list a lot of coins on my site www.WhereToMine.com too - but, I don't have an api set up yet
The coinchoose.com page looks pretty confusing Smiley
I think I'll stay with www.cryptsy.com, it's very nice to read the info out there.


Something else I just noticed.  Where it does show the coins amount, it's only going to 2 decimal places.  That really needs to allow for more.
You mean the "My account overview" box, right?
Yes, this is intentional. I want to keep the view compact.
On all other pages, all coins are displayed with 8 decimal places and of course the system always calculates with all digits Smiley
I just tried it. If I install in the box all decimal places, it looks too much and very confusing.
The box is only for the overview as the name says and 20.00 BTC looks better than 20.00000000 BTC Smiley

CoinTracking.info - Your Profit / Loss Portfolio Monitor and Tax Calculator for all Digital Currencies
Simply the best way to track your digital assets accurately. Get live data for more than 5000 coins, assets and commodities. Track Gains & Balances from all your exchanges and wallets.
Need help? CoinTracking FAQ
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June 13, 2013, 10:32:11 PM
 #44

Any chance that stocks could be added so that I can have a complete portfolio?  I have stocks on Havelock and Bitfunder and it would be nice to have a central place where all that information is displayed along with profit and loss

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Dario3000 (OP)
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June 13, 2013, 10:53:01 PM
 #45

Any chance that stocks could be added so that I can have a complete portfolio?  I have stocks on Havelock and Bitfunder and it would be nice to have a central place where all that information is displayed along with profit and loss
It's funny, because I have already today in the German forum a post for exactly the same topic.
Here is my translation:

Phew ... BitFunder currently offers 36 different stocks, whitch all should be tracked. And since I think the investment business will increase in the coming months, there will always be more.
Then we have the thing, that there is more than only one investement page. So I would need to take this stocks into MY-BTC too.

So this wouldn't be a "spare time project" any more. It would have to be constantly maintained and extended, and I can't do this alone.

I would have to find a solution to automate all this.
So a kind of import function that checks your BTC and EUR/USD inventory of BitFunder and puts the balance in MY-BTC (like the new GOX API Importer).
Then it does not matter whether BitFunder offers 36 stocks or 3600, because only your balance is checked.
So MY-BTC would only show your BitFunder balance. To see the details to your shares, you would have to login into your BitFunder account.

I currently see on the BitFunder page under API Access "coming soon".
Once they have the API, I'll be looking at the possibilities, and install an automatic import.

Havelock is new for me. I will check it on the weekend.

Each individually stock, I will unfortunately not be able to record.
At least not without hiring 1-2 people and then I could no longer let MY-BTC for free of charge.
And since I do not want this, I can only offer the solution described above.
I hope you understand this Smiley

Best wishes
Dario

CoinTracking.info - Your Profit / Loss Portfolio Monitor and Tax Calculator for all Digital Currencies
Simply the best way to track your digital assets accurately. Get live data for more than 5000 coins, assets and commodities. Track Gains & Balances from all your exchanges and wallets.
Need help? CoinTracking FAQ
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June 13, 2013, 11:20:12 PM
 #46

Ahh, I did not realize that, that much work would have to go into it.  I thought it would be easy enough to put all of the assets onto your website, then let us put in how many shares we have, then simply update the price for each one, but without an API (I didnt realize they didnt have one) I dont see how this could be done easily.  Thanks for the quick reply and I may look into using this site when such a feature is added, but since I dont day trade very often with my coins anymore, I am not sure this site would be helpful currently.

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dwolfman
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June 14, 2013, 12:11:30 AM
 #47

Exactly what you see on many sites, for example here in the third graph:
http://my-btc.info/stats.php Your number of coins (not the value)

Yup, saw it there.  But since it's still not formatted the way I'm used to seeing it ('.' is decimal, ',' is for thousands), most times I don't notice it.  Smiley

Quote
Yes, that would be possible.
An alternative would be if you create more than one account, for example one for GOX, one for BTC-E, etc., and you join them together under settings.
So you can jump with one click to another account and have all trades of a market together.

Well, I'm not doing any trading any more.  Gave up for now since all I ever did was lose money.  Sad

But, if CampBX support is ever added, I'll consider it again.  I refuse to touch MtGox any more (too many legal issues for them right now, and no easy way to get USD out of there any more), and BTC-e wants too much when I go to withdraw BTC from it (only place I see where they charge to withdraw BTC anyway).

For now something that will track my BTC and let me see $ amounts when I want to is good enough for me.

Quote
You mean the "My account overview" box, right?
Yes, this is intentional. I want to keep the view compact.
On all other pages, all coins are displayed with 8 decimal places and of course the system always calculates with all digits Smiley
I just tried it. If I install in the box all decimal places, it looks too much and very confusing.
The box is only for the overview as the name says and 20.00 BTC looks better than 20.00000000 BTC Smiley

But I'd rather have the option to show it the way I'd like to see it.  Right now I only have about 0.3 bitcoin, so being limited to only 2 decimal places is too limiting.

Even so, if I had 20000 bitcoins, I'd still rather have the option to show more decimal places.

As it is, I may not use this much until the localization options are better.  Too much work to think through what matches with what, since nothing is formatted the way I am used to it except in some very limited locations.

Wanna send coins my way? 1BY2rZduB9j8Exa4158QXPFJoJ2NWU1NGf or just scan the QR code in my avatar.  :-)
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June 14, 2013, 01:59:42 AM
 #48

Niceee Wink
Dario3000 (OP)
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June 15, 2013, 07:09:15 PM
 #49

Great News:

In addition to the 13 currencies, as of today, 15 more Alt-Coin are tracked.
including: AMC, BTB, DGC, ELC, FRK, FST, HYC, LKY, MEC, MEM, MNC, NBL, PWC, PXC and WDC.

The mounting into the tools will follow in the next days.
Best wishes
Dario

CoinTracking.info - Your Profit / Loss Portfolio Monitor and Tax Calculator for all Digital Currencies
Simply the best way to track your digital assets accurately. Get live data for more than 5000 coins, assets and commodities. Track Gains & Balances from all your exchanges and wallets.
Need help? CoinTracking FAQ
Dario3000 (OP)
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June 18, 2013, 08:08:38 PM
 #50

Two new features:

A new export function to export all trades in various templates, such as for tax declaration.
If you have wishes for more templates, please let me know.

And:
15 more alt-coins have just been integrated and can be entered either manually or via any importer.
Currently they are only displayed on the Money Overview page, tomorrow I build them in all the other pages.

Best wishes
Dario

CoinTracking.info - Your Profit / Loss Portfolio Monitor and Tax Calculator for all Digital Currencies
Simply the best way to track your digital assets accurately. Get live data for more than 5000 coins, assets and commodities. Track Gains & Balances from all your exchanges and wallets.
Need help? CoinTracking FAQ
joesmoe2012
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June 18, 2013, 08:36:27 PM
 #51

Great work Dario!

Check out BitcoinATMTalk - https://bitcoinatmtalk.com
wolverine.ks
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June 21, 2013, 07:33:29 PM
 #52


Each individually stock, I will unfortunately not be able to record.
At least not without hiring 1-2 people and then I could no longer let MY-BTC for free of charge.
And since I do not want this, I can only offer the solution described above.
I hope you understand this Smiley

Best wishes
Dario

any chances of making a Free My-BTC for just cryptocoins and a Premium My-BTC that would include stocks and bonds?
Dario3000 (OP)
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June 22, 2013, 10:46:30 AM
 #53

What I can offer is to take the balance from BitFunder into MY-BTC.
The support of BitFunder has said that this API should be ready in about 2 weeks. Once that is the case, I'm going to build an import function.
However, this will only track your balance, not every single stock.

That would be an immense effort.
MY-BTC is for tracking your portfolio with your profit and loose. To track your individual stocks you have to go to the BitFunder website.
But perhaps there is someone who creates a page for individual stocks Smiley


PS: As of now, there is a forumlar to enter several manualy trades simultaneously. This saves a lot of time.
In addition, these manual trades can be assigned categories, and the trades can be grouped by these categories on the Enter Coins site http://my-btc.info/transfer.php
Thanks to joesmoe for the idea.

Also yesterday BTC-E has changed its trade history. I have adjusted the import function last night.
Thanks to Huawei for the hint.

CoinTracking.info - Your Profit / Loss Portfolio Monitor and Tax Calculator for all Digital Currencies
Simply the best way to track your digital assets accurately. Get live data for more than 5000 coins, assets and commodities. Track Gains & Balances from all your exchanges and wallets.
Need help? CoinTracking FAQ
Moogle
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June 23, 2013, 01:44:34 AM
 #54

this is awesome! im a bit of a geek when it comes to stats so absolutely love this type of thing Cheesy

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June 23, 2013, 06:33:12 AM
 #55

Hello Dario,

your site is going better, better, better.....  Grin

@all who are using the site of Dario:
Get into the hall of fame, by clicking the 'Donate' button.

Support his work!

Greets

Ralf
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June 25, 2013, 09:26:50 PM
 #56

Thanks Ralf, you're the best  Wink

PS: New feature for all users with multiple accounts.
Now you can see all data togehter in a Master-View
Click on TOTAL in the right top corner.

Also updated FAQs (currently only in German. English will follow tomorrow)
Bye

CoinTracking.info - Your Profit / Loss Portfolio Monitor and Tax Calculator for all Digital Currencies
Simply the best way to track your digital assets accurately. Get live data for more than 5000 coins, assets and commodities. Track Gains & Balances from all your exchanges and wallets.
Need help? CoinTracking FAQ
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June 26, 2013, 10:16:33 AM
 #57

I'm wonder how secure this site is. If I import trades using API or something else is it possible that this site now has access to my private keys or exchange passwords? Nothing personal Dario I'm just paranoid and don't know enough about the technical side of API etc.  Thanks.

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June 26, 2013, 10:46:30 AM
 #58

I'm wonder how secure this site is. If I import trades using API or something else is it possible that this site now has access to my private keys or exchange passwords? Nothing personal Dario I'm just paranoid and don't know enough about the technical side of API etc.  Thanks.
Hello,
no problem, this is a legitimate question.

The password for the page is salted and encrypted twice. It is therefore extremely safe.
Even if someone knows your password, he can see only your data, but gets no access to passwords, etc.

The Keys to the API are stored separately from the user.
Here it is important that you only select "Get info" under Rights, when you create a new key at GOX.
Even if someone should come to the secret key (which is absolutely unlikely), he can only read your account balance.
He does not see your trades, nor any passwords, etc.
There is a description on the GOX developer site, which information are shown.

The BTC wallet check, uses your hash to check the number of bitcoins.
This is a public site and anyone can access it: https://blockchain.info/q/addressbalance/YOURHASH

If you do not want to use the API function, you can continue to use the Importer.
Here, only the values ​​from the CSV will be taken.
The result is the same, only with the difference that the API solution runs automatically.

I hope I could help.
Best wishes

CoinTracking.info - Your Profit / Loss Portfolio Monitor and Tax Calculator for all Digital Currencies
Simply the best way to track your digital assets accurately. Get live data for more than 5000 coins, assets and commodities. Track Gains & Balances from all your exchanges and wallets.
Need help? CoinTracking FAQ
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June 26, 2013, 02:41:21 PM
 #59

Thanks that was very helpful. I'm going to start fiddling with it when I get some time in the next few days.  Smiley

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June 29, 2013, 09:11:35 PM
 #60

Any plans to import CampBX info?
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