Problem with bitcoin trading on MtGOX

[Frank H. Ellenberger]

Hello Fredrik,

Am Donnerstag, 2. Juni 2011 um 15:52:27 schrieb Fredrik Persson:
> The bitcoin cryptocurrency is traded on a site called mtgox.com. However,
> tracking the mtgox account in gnucash is very difficult. The user balance
> of bitcoins (BTC) and USD are tracked with a precision of 1/1000. You can
> spend 0,001 USD.
>
> Currently, it is not possible to do anything with a 1/1000-th of a dollar
> in gnucash. So one must fall back to a solution where a "MTGOXUSD"
> commodity is set up which can be used instead of USD on mtgox.
>
> Also, the bitcoins themselves must be tracked as a commodity (lika a stock
> or mutual fund).
>
> This gets very cumbersome and does not at all look very good.
>
> Could this be a case for user defined currencies in gnucash?

Yes, see https://bugzilla.gnome.org/show_bug.cgi?id=648627 and 130920 for 
details of the discussion and 
http://svn.gnucash.org/docs/guide/currency_acct1.html#currency_acct_user2 for 
possible workarounds.

> /Fredrik Persson

Frank