Add Native Support for Cryptocurrencies & Coinbase

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. Manual entry is just too difficult.
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4
4 votes

Planned · Last Updated

Comments

  • Forsaken1622
    Forsaken1622 Member
    It is pretty ridiculous this hasn't been built in yet. Really a lack of foresight or caring.
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    @adamnash As folks from Quicken have explained in other threads, the main issue is that they need to switch from 6 digits of decimal accuracy 8 digits in order to fully support cryptocurrencies. That may not sound like much, but it can require replacement of math libraries and re-writing significant code, as well as tweaking field lengths on dozens of screen. And this has to be coordinated across the separate development teams for Quicken Mac, Quicken Windows and Quicken Cloud (mobile and web), because the Mac and Windows programs both tie into the same Quicken Cloud system. And then they have to sign on with a data provider for price quotes, and sign on with cryptocurrency platforms/brokers. All of those pieces make it a big project. And it's one the developers have stated is currently being worked on.

    While I'd agree that 2022 seems rather late to be getting cryptocurrency support built into Quicken, we at least know that it's coming; we just don't know when.

    There are multiple other threads on this site about this feature request (such as here and here, plus this one you created yourself a month ago for the same topic — and they are all marked as "Planned". As such, there's no need to create this as a new Idea post and drive new voting for a feature the developers have said they are already working on.
    Quicken Mac Subscription • Quicken user since 1993
  • thummper
    thummper Member
    It's been 'coming' for years. I know, this darn crypto stuff just snuck up on everyone last.... decade. Also, from an SD standpoint, changing to 8 digits is a cop out. Minor change with several valid approaches if your software isn't decades old spaghetti.
  • jacobs
    jacobs SuperUser, Mac Beta Beta
    thummper said:
    It's been 'coming' for years. I know, this darn crypto stuff just snuck up on everyone last.... decade. Also, from an SD standpoint, changing to 8 digits is a cop out. Minor change with several valid approaches if your software isn't decades old spaghetti.
    Well, Quicken software is decades-old spaghetti! ;) Quicken Windows has more than 30 years of code from different eras of tools, languages and frameworks. Quicken Mac is newer, but the oldest code in Quicken Mac dates to about 2007 or 2008 when development of Quicken Essentials formed the basis for today's Quicken Mac.

    It's easy for you say changing to 8 digit accuracy is a "minor change", but I think the development teams at Quicken would disagree with you. If it were a minor change, it would have been implemented a long time ago. 
    Quicken Mac Subscription • Quicken user since 1993
  • LB522
    LB522 Member, Mac Beta Beta
    Upvote

  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    edited December 2022
    For what it is worth, in a recent update to Quicken Windows it got the option to use 8-digit accuracy.

    BTW I think it was key that they made it an option.  When the changed from 4-digits to 6 there were many reports of people having "rounding errors" on shares from old transactions.  By making it an option that is defaulted to not using 8-digits I think they avoided a lot of similar problems this go around.
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