Add Support for Tracking Cryptocurrency (Bitcoin, etc)

adamnash
adamnash Member ✭✭
in Product Enhancements (Mac)
It's 2022, and Coinbase has great APIs. Please implement, at minimum, support for automatically downloading prices for the 100+ cryptocurrencies that Coinbase supports, as well as direct account linking for Coinbase.
1
1 votes

Planned · Last Updated

Comments

  • jacobs
    jacobs SuperUser, Mac Beta Beta
    First, please post new ideas only once; you posted the same thing in two separate categories, which makes it harder for either one to get enough votes of support.

    Second, the whole issue of tracking cryptocurrencies is already a work-in-progress at Quicken. The first piece needed to track cryptocurrencies is changing Quicken to support 8 digits of accuracy; it currently supports only 6. Making that change — across Quicken Mac, Quicken Windows and Quicken mobile/web — is a significant job, as underlying math libraries need to be replaced/updated to support the additional digits of precision.

    You will note if you visit the existing idea thread that it has been marked as "Planned" by the developers. We don't know how soon it will appear. The former Quicken Mac product manager said at one point that it was a significant job which would take them awhile. Whether they are early or late in that process isn't known; it's only know that they're moving in that direction.

    After they add support for cryptocurrencies, then the next question will be whether they will provide downloads of crypto prices, and if so, which ones. It would be a logical next step, but one they can't implement before adding base support for tracking cryptocurrencies accurately.
    Quicken Mac Subscription • Quicken user since 1993
  • adamnash
    adamnash Member ✭✭
    edited October 2022
    Well, here we are at the end of 2022... and no progress made.

    We do not *need* 8 digits of accuracy to track crypto. It would be more accurate, but I've been tracking crypto in Quicken for years, manually, with 6 digits. Obviously, 8 would be correct, but as you state, it's a lot more effort and given the ludicrously slow time to market here, seems like you could phase this. E*Trade fractional share trading uses more digits of accuracy than Quicken provides, but it's still immensely valuable to have fractional share tracking in Quicken.

    The idea thread you point to hasn't been updated since 2021, [Removed - Speculation] My company added crypto support for 130 different crypto assets using the Coinbase APIs in about 4 weeks with 2 engineers, for context. And our application actually deals with real crypto, not just tracking information.

    Shipping cryptocurrency support without automatically downloading prices would make no sense given that the APIs available make this trivial to do at the same time.

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