Thanks @geordiepiraterd really helpful. PDF statements are coming to support this. 
Thanks Damon, Annually, Monthly or up to date on demand whenever required?
I really like checking and recording spot price on GoldBroker App both before and after purchase and sale, appreciating their graphical display and multiple currency options Ā£,ā¬,$. As offer Ounce, Kg and gram pricing, the latter of which equates to tally easily (decimal point moving).
Now the enjoying use of GoldBroker App has become a necessity to record my transaction spot prices.
@geordiepiraterd we plan to do these on demand!
GoldBroker App graphical and current $,ā¬,Ā£ spot price displays would be a great feature added to Tally App. As many investors, whether long term or currency card users, will enjoy watching their Tally value in both graphical and Ounce, Kg, gram terms, as well as getting used to the new Tally denomination.
Thanks Damon.
Ref Statements. Obviously needed so one is able to see how much a card transaction item has cost in real pocket terms = Ā£ ($orā¬).
Thanks,
I just find it really useful to immediately see what the rate was at that time without having to get my calculator out.
I personally donāt use the Tally card unless I feel that the rate at the transaction time is more than the rate I bought it at.
I have seen Cameronās presentation and I know and appreciate your philosophy on the card use, but originally my gold was bought via āThe real assetā Company as an investment.
Regards
1 Like
I agree and have already mentioned that myself, and most of those who use tally after I referred them to it, have to use a spreadsheet to try to keep track of our lowest, average and highest buy and sell price, and to work out how much gold we hold in ounces and gramms to relate to common weights at a glance. Not knowing the stats on prices within the app is a deal breaker for me using this long term. Iāll be behind the app through to listing and may keep my shares depending on the thoughts of those that use the app.
The whole idea of ignoring the gold connection on a bank account based on gold seems alien and totally wrong as far as what I wanted and expected the product would be, and those i chat to about it say the same.
A basic bank account with no reference to gold and no stats page to engage, interest, educate and inform the users seems to be a waste to me.
In itās current form, it looks nice but is too risky and not engaging and informative enough for me to use not knowing if Iām spending below my buy price and not knowing if I should be depositing more to lower my average and thereās nothing to see to show me how or why holding tally is better than using monzo and buying physical gold.
Forget trading Iām not interested in that but also not interested in a basic fiat bank clone which totally ignores the USP of hold gold.
3 Likes
Hilariousā¦ A guy has just walked in and had a 5 minute rant about how he doesnāt have a clue now about how much he bought tally / gold for in the past, only knows his average buy price because he keeps track on a spreadsheetā¦ He saying heās going to empty his account and buy more physical as in his wordsā¦ the new app is s#itā¦
I told him to calm down, heās preaching to the choir
Funny but also very worrying if this is the road map.
1 Like
The consensus here is that if, when we open the app, we need a piece of paper a pen and a calculator to keep a Tally of our Tallyā¦ Then Tally has failed to deliver.
1 Like
Thannks @JonnyE. So the reason why we ask what it is you need to be able to do, is so that we can find an appropriate solution. We have to dig into user requests to ask why so that we can find the root of the desire.
I may be wrong so please correct me, but my understanding is that the basic need is to have an understanding of when the best time to spend Tally is.
Basically, as I donāt have long.
We (the people I chat to) want to know our lowest, highest and average buy/deposit price of fiat to gold and the same for the sell/withdrawal price ie, spending or transfer out.
We also need to know what the fiat price of our gold is compared to purchase price, so we know if we are better off or worse of at any point in time. This would then determine a good time to spend (in profit) or if the fiat conversion is less so a good time to average down.
A lot if us also hold physical coins, we know what an ounce is or a gram and would like to see how much our tally account is holding in ounces so it can be easily related to physical gold. Also as other have said on here, thereās now no conversion on each transaction.
We are all interested in tally because it is gold but it seems to be going in the direction of, just another bank same as all the rest, with no connection to gold, which is the whole point.
2 Likes
Really helpful thanks @JonnyE now with that knowledge we can prioritise where this sits against other priorities and design a solution that works. I think this is a really important point though and it wonāt go unactioned.
1 Like
Another point just made, on the home screen he can click on each transaction to, what we would expect would be to see more info on that transaction, there isnāt any further info on the transaction, ie conversion rate, it just show the same as the main screen with the addition of the time. This screen should show conversion rate and could show interesting info such as the percentage above or below the historical average purchase price of gold/tally
1 Like
Thanks @JonnyE.
@damon-tally ā¦ Damon, all who use card service will admit over past 7 months it has been a nice cosy feeling when easily seeing that funds deposited in to Tally, when spent via card one has actually spent less Tally and so Ā£, as value of tally has gone up. - an easy comparison when each transaction tally rate is immediately visible.
Added to this, in my case travelling is a big part of my job, so on the few occasions have used my own card for payments abroad - seeing very soon after that the tally exchange rate when item bought abroad created a beneficial exchange rate is a massive positive!! Which have been using to promote Tally.
Not something easily seen / proven now, without effort of a calculator pen and paper.
Noted! Thanks both. Iāll look into this further and we will prioritise accordingly. Right now weāve got a bug list to work through and fix. We will get to this though.
I understand tally donāt want this to become a trading app but the problem is, traders need all the info and historical prices and statistics and that is exactly what everyone needs to be able to use this gold currency to their best advantage. Not giving info and hiding from the link to gold because of a worry a small percentage of people may trade, just takes away vital information from everyone and basically destroys the whole point of it as weāre all financial in the dark, which make it a risky alternative to a fiat bank, not an advantage over them
2 Likes
@JonnyE itās not to stop people using it as a trading app as much as itās to help people to not have to consider the conversion rate. That is irrelevant on each transaction.
It may be a mechanism to look into how up you are on Tally vs Fiat but there are better, more visual mechanisms we can harness to make this resonate with the users. We will explore this as I see the point 
1 Like