[XMR] Monero - A secure, private, untraceable cryptocurrency

[dEBRUYNE]

As market start recovering and price increases, interest on monero start growing as google trends show: https://trends.google.com/trends/explore?q=%2Fm%2F0130q41b

Guess there is a possibility that Random X gets implemented on a very bullish market.

RandomX is set to be implemented in October (conditional on audits being completed successfully).

[1714026990]

1714026990

[1714026990]

1714026990

[herrdrone]

As market start recovering and price increases, interest on monero start growing as google trends show: https://trends.google.com/trends/explore?q=%2Fm%2F0130q41b

Guess there is a possibility that Random X gets implemented on a very bullish market.

RandomX is set to be implemented in October (conditional on audits being completed successfully).

I like progress done on Random X so far, and last status update looks good: https://www.reddit.com/r/Monero/comments/bmybxn/randomx_status_update/
 

[dEBRUYNE]

People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

Arguably, this is long-term bullish for Monero.

[birr]

People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

Arguably, this is long-term bullish for Monero.

Now let's see if Coinbase is mensch enough to list our beloved Marilyn Monero.  Ha ha, if only.

[Kryptowerk]

Got a question regarding the monero-gui wallet:

My balance is higher than the unlocked balance.
However I am fully synced. Any idea how to access these locked funds? :\

[jwinterm]

Got a question regarding the monero-gui wallet:

My balance is higher than the unlocked balance.
However I am fully synced. Any idea how to access these locked funds? :\

You should just have to wait ten blocks or so and it will unlock. If it doesn't you need to rescan or restore wallet.

[Kryptowerk]

Got a question regarding the monero-gui wallet:

My balance is higher than the unlocked balance.
However I am fully synced. Any idea how to access these locked funds? :\

You should just have to wait ten blocks or so and it will unlock. If it doesn't you need to rescan or restore wallet.

Oh boy, rescanning 1.8 mil blocks.. ugh. I guess I'll try restore wallet first.
I have two tx over a year old that have status FAILED, my guess is these funds are still locked somehow?

Thanks for the answer, though!

[Globb0]

My PC synced up fairly fast. Now I have the key.

[dEBRUYNE]

Got a question regarding the monero-gui wallet:

My balance is higher than the unlocked balance.
However I am fully synced. Any idea how to access these locked funds? :\

You should just have to wait ten blocks or so and it will unlock. If it doesn't you need to rescan or restore wallet.

Oh boy, rescanning 1.8 mil blocks.. ugh. I guess I'll try restore wallet first.
I have two tx over a year old that have status FAILED, my guess is these funds are still locked somehow?

Thanks for the answer, though!

It only scans the blocks after the wallet creation height though. Thus, a full wallet refresh should not take that long (even if your wallet is two years old). Did you manage to resolve your issue by the way?

[Kryptowerk]

Got a question regarding the monero-gui wallet:

My balance is higher than the unlocked balance.
However I am fully synced. Any idea how to access these locked funds? :\

You should just have to wait ten blocks or so and it will unlock. If it doesn't you need to rescan or restore wallet.

Oh boy, rescanning 1.8 mil blocks.. ugh. I guess I'll try restore wallet first.
I have two tx over a year old that have status FAILED, my guess is these funds are still locked somehow?

Thanks for the answer, though!

It only scans the blocks after the wallet creation height though. Thus, a full wallet refresh should not take that long (even if your wallet is two years old). Did you manage to resolve your issue by the way?

Thanks. Yes, it's resolved. I did make a few transactions and after a day or so, suddenly the rest became unstuck, without any other restoring or resyncing from my side. Sorry for the FUD.

[dEBRUYNE]

Got a question regarding the monero-gui wallet:

My balance is higher than the unlocked balance.
However I am fully synced. Any idea how to access these locked funds? :\

You should just have to wait ten blocks or so and it will unlock. If it doesn't you need to rescan or restore wallet.

Oh boy, rescanning 1.8 mil blocks.. ugh. I guess I'll try restore wallet first.
I have two tx over a year old that have status FAILED, my guess is these funds are still locked somehow?

Thanks for the answer, though!

It only scans the blocks after the wallet creation height though. Thus, a full wallet refresh should not take that long (even if your wallet is two years old). Did you manage to resolve your issue by the way?

Thanks. Yes, it's resolved. I did make a few transactions and after a day or so, suddenly the rest became unstuck, without any other restoring or resyncing from my side. Sorry for the FUD.

Good to hear

[CoinCodex]

Monero remains bullish while approaching the $90 resistance level.
Read more in this TA:

https://coincodex.com/article/3603/monero-price-analysis-xmr-remains-bullish-on-a-steady-pace/

[apuestasbitcoinnet]

Full list of Monero casinos

 

[Hueristic]

[bigslimvdub]

well hello there Monero folks

[razorseal]

I just purchased some XMR on binance and trying to withdraw to my xmr wallet (monerujo).

Binance is asking for a "label" then "address". I figured the address part out from the app, but what on earth is the "label"?

and if I did want a "payment ID" how would I do that? I have it checked off for not needing it...

anyways, I'm trying to figure out how to put money in my xmr wallet from binance xmr funds.. Just can't figure out what label is.

Can someone advise?

[Globb0]

You should only need the address for your own wallet.

Sending to an exchange you need a payment id so you payment isn't lost among all the other payments sent to that address.

I don't know the specific wallet, hopefully a boffin will be along shortly,


Globb0

[dEBRUYNE]

I just purchased some XMR on binance and trying to withdraw to my xmr wallet (monerujo).

Binance is asking for a "label" then "address". I figured the address part out from the app, but what on earth is the "label"?

and if I did want a "payment ID" how would I do that? I have it checked off for not needing it...

anyways, I'm trying to figure out how to put money in my xmr wallet from binance xmr funds.. Just can't figure out what label is.

Can someone advise?

For visibility purposes, the question was answered in this thread:

https://www.reddit.com/r/Monero/comments/bp93qk/trying_to_withdraw_for_1st_time_from_binance/

[Last of the V8s]

[Hueristic]

I just purchased some XMR on binance and trying to withdraw to my xmr wallet (monerujo).

Binance is asking for a "label" then "address". I figured the address part out from the app, but what on earth is the "label"?

and if I did want a "payment ID" how would I do that? I have it checked off for not needing it...

anyways, I'm trying to figure out how to put money in my xmr wallet from binance xmr funds.. Just can't figure out what label is.

Can someone advise?

Label is just for you to easily identify the address on binance, it's like a nickname in an address book.