For my tax return, I want to state how much crypto I had on January 1, 2017.
Is there an easy way to find out what my XEM balance was on January 1, 2017? With explorer.ournem.com I can see all my transactions, but I do not see the balance after a transaction. With a lot of work (and chance of errors), I can use all transactions to work out what my balance was on 1 January 2017, but maybe someone of you knows an easier way. Thank you for your response.
Not via explorer. It shows only current balance.
You need do it manually. Better is add/subtract all transactions after new year.
Some servers have historical data that can be requested, e.g.
You can read about it here:
https://nemproject.github.io/#retrieving-historical-account-data
Thank you very much BloodyRookie, you saved me a lot of work. I’m almost there. Now I only need to find out which block number we had on January 1, 2017. I think it’s somewhere close to block 910000.
Sorry, that was easy to find out myself: The year 2017 started with block 918569.
See: http://chain.nem.ninja/#/block/918569
Now I know exactly my NEM balance on 1-1-2017.
The Dutch tax authorities want to know the value in Bitcoin and Euros.
So now I only need to find historic exchange rates for NEM.
(I already found the historic rate for Bitcoin to Euro. On 1-1-2017 1 Bitcoin was worth 918 Euro.
I think the price in Bitcoin for 1 XEM was around 0.00000380 on January 1, 2017.)
@BloodyRookie great to know
Price in BTC you can check here: https://coinmarketcap.com/currencies/nem/ (you can change dates on left). It was around 384 sat.