Need 8 significant digits for Crypto

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
20
20 votes

Planned · Last Updated

CTP-439

Comments

  • Bishop2
    Bishop2 Member ✭✭
    This would be helpful. Just bought my first crypto yesterday.
  • I'll add my request for 8 decimal places also.
  • NathanA
    NathanA Member
    How about native crypto support? Wallet-type crypto accounts and the ability to track crypto securities?
  • crober1
    crober1 Member ✭✭
    I'm all for it!! Hopefully there are some wheels turning at Quicken Development HQ.... and we'll get some announcements soon. PLEASE!!
  • hman36
    hman36 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 Erb
    Michael Erb Windows Beta, Mac 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.
  • BRETTB
    BRETTB Member ✭✭✭✭
    edited February 2021
    Time has come to add this important feature: Tracking Crypto currencies like any other investment.
  • crober1
    crober1 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?
  • jacobs
    jacobs 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
  • crober1
    crober1 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....
  • Eagle21402
    Eagle21402 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
  • JMason
    JMason Member
    Just added my vote for crypto currency tracking
  • MELCO
    MELCO Member
    Crypto tracking is important... Crypto is identified by the IRS as an asset class and not a currency so tracking is required on all buy and sells.
  • Tom Auer
    Tom Auer Member ✭✭✭
    Beyond the eight significant digits... I would very much like to see Quicken add the ability to download portfolio value for a Coinbase account. Crypto currencies are arguably more like precious metals than like other investments, but Coinbase does seem very much to be an up-and-coming investment vehicle. As it stands, I just have a Coinbase holding account that tracks the money I've put into it, not the account value.