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Need 8 significant digits for Crypto

crober1crober1 Member ✭✭
in Investments (Mac)
Would love to see 2 more significant digits added to the current max of 6. Need to have all 8 digits especially since the IRS now needs investment reports and declarations for crypto.

Many Thanks,
Craig Roberts
15
Up
15 votes

Under Consideration · Last Updated

CTP-439

Comments

  • Bishop2Bishop2 Member ✭✭
    This would be helpful. Just bought my first crypto yesterday.
  • beachphoolbeachphool Member ✭
    I'll add my request for 8 decimal places also.
  • NathanANathanA Member ✭
    How about native crypto support? Wallet-type crypto accounts and the ability to track crypto securities?
  • crober1crober1 Member ✭✭
    I'm all for it!! Hopefully there are some wheels turning at Quicken Development HQ.... and we'll get some announcements soon. PLEASE!!
  • hman36hman36 Member ✭✭
    I'm just surprised at how dumb it is that they don't already have crypto tracking. Seems like it could be done so easily. Same thing with precious metals, like how long has silver been around. Oh, like from the beginning of time. Quicken, stop updating stuff people never use in your product and add precious metals and crypto. Could make some good ads highlighting the fact that your platform is crypto/gold/silver tracker as well and your subscriptions would for sure increase. Maybe upgrade your marketing team too and add Betterment to your list of supported investment institutions so that you can sync to them.
  • Michael ErbMichael Erb Windows Beta Beta
    Quicken will become irrelevant if Bitcoin and Crypto  tracking in general is not supported. I have more money invested in Crypto than in brokerage accounts and Quicken is literally forcing me to seek an accounting solution that will work with Crypto.
  • BRETTBBRETTB Member ✭✭✭
    edited February 25
    Time has come to add this important feature: Tracking Crypto currencies like any other investment.
  • crober1crober1 Member ✭✭
    How do we ever know if we are getting any traction with the Quicken Development Team? Is there a place to see what is on the future features list?
  • jacobsjacobs SuperUser, Mac Beta Beta
    @crober1  No, there is no public development roadmap. The only information we get is the status in the blue box at the top of idea threads. This one is currently marked as "Under Consideration", which means this thread has been forwarded to the product management and development teams for consideration. Eventually, it will be marked either "Planned" or "Not Planned". But it can take a long time for these decisions to be make; there are ideas on this forum which have been "Under Consideration" for  a year or more. And once an idea is marked "Planned", that still doesn't give any clue how high or low it is on the development list. Some things emerge pretty quickly and others take years. These decisions involve lots of factors, from how many Quicken users they think the change would impact to how much work it would take to develop; something like this idea involve agreement and coordination between the separate Mac, Windows and Cloud development teams.
    Quicken Mac Subscription • Quicken user since 1993
  • crober1crober1 Member ✭✭
    Great Info... thanks. Guess I just haven't taken the time to find this public information outlet for what's going on inside the development team at Quicken. Just babbling out here trying to gain some traction for my wishes....
  • Eagle21402Eagle21402 Member ✭
    I add my support and recommendation to Quicken to add a few very easy features to investment accounts to enable tracking cryptocurrency investments. Among the most basic: (1) At least 8 decimal places, (2) Downloading price data, (3) Swapping crypto for crypto, (4) Having a transaction for Hard Forks, Air Drops, etc., (5) Being able to record different fees in either crypto or cash... on and on. It would be super easy to work with somebody in the crypto world to figure this out.

    Quicken, you need to be in front of this and not a laggard where your customers are begging for an obviously necessary component in today's day and age.

    Regards,
    Eagle21402
  • StuckChuckStuckChuck Member ✭✭
    I'm new to crypto trading but old hand at equities. With the IRS now requiring crypto transactions to be reported and exchanges in the US are being required to report to the IRS and TurboTax being the number one tax software that integrates with Quicken, I would say at the very least, Quicken is way behind the eight ball on this. TurboTax will record crypto transactions as easily as equity transactions however, Quicken can't even handle 8 decimal places. This is now a show stopper for me after being with Quicken since it was installed from a floppy (remember those?). Quicken has been bulky and buggy for years as updates keep getting installed without a thorough clean-up. For those of us that want to keep all our historical data, we keep getting "upgraded" and every single one introduces some weird bug or annoyance. I use the newest version and I have bugs and annoyances but it is what I use. Now there's a new variable that Quicken has not incorporated into their business model. You have forced us back into the dark ages of having to manipulate CSV files AGAIN! Quicken needs revamping from the ground up incorporating new technology and coding and a good understandable, intuitive, and standardized input form so any institution can institute transaction downloads and understand what they are doing. This pointing the finger at each other, the institution and Quicken, when something doesn't work right only adds to the other annoyances and bugs associated with this application. Good Luck and have a nice day.
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