/biz/ - Business & Finance

Swipe / USD using OCR?

>>29225262
this

>>29225038
Hmm. Looks like a list of simple JSON parsed price data.

>>29225262
>>29225348
Not just this. This is obvious. Look further.

>>29225038
Well the obvious is that the market is aware something is seriously wrong with the project, hence the price action. Just as they knew about BSN when we pumped.

>>29225381
Gas price?

>>29225381
Rewards are higher than gas cost. OCR is proved to be massively profitable

>>29225381
gas costs are 170 as opposed too around 700 for the rest
that's not as big a reduction as I expected, although it should be an even bigger reduction for price feeds with more contributors right?

>>29225381
1/5 gas price of a "normal" feed.
Sergeys wallet holding only 4mil link to dump (2 weeks)
Arbi behind the corner
Sell pressure from nodes dropping
Whats up op did i miss something

>>29225586
>>29225381
right so is it this? rewards vs gas cost? nodes are turning a profit now?
If so that's not less obvious lmao
If you're being more cryptic than that please just fuck off

>>29225728
There are other dev wallets but just imagine, two weeks is about as much time as BTC has left of this run, so how hilarious will it be if Sergey has sold throughout the entirety of the GBR then stops as everything collapses.

>>29225544
>>29225586
>>29225632
>>29225728

Correct. You can see even when the gas price is the same the overall gas costs are brought down by a magnitude of anywhere from 5-8x.

OCR makes nodes profitable. Profitables nodes means nodes wanting to do a LOT more which means accumulating a lot more LINK. It also means less dumping by Serg to bootstrap.

All the anons who posted that OCR will be game changing were 100% correct. Once OCR is adapted as the primary aggregator, LINK will fly. This is an accumulation period we're in right now.

I see very few feeds currently on OCR but they're growing every day. It's maybe a matter of weeks.

>>29226237
Imagine selling this as some bullish crumb, jesus christ.

>>29226237
>bro just wait another year when OCR is finally implemented

>>29225890
Its the wallet to cover gas costs of node operators and it just lines up with arbitrum release.
After arb nodes will be profitable and there is no need for sergey to dump.
Also nodes dont need to sell as much link for eth gas.
Anyway if we dont go triple digits this gbr i have some rope

>>29226237
>weeks
so you're saying LINK will moon while BTC corrects and stay at a stable $35 price as a result? too little too late

>>29226322
>>29226275
get fucked niggers, >>29226237 is bullish like a rodeo. once btc hits 60k i'm closing my long and buying another 2000 link

>>29226435
You’re flagging yourself as a newfag. BTC has barely begun its run.

>>29226435
Link has been dropping against sats every time BTC dumps, in a big crash the probability is it will drop even lower than wherever BTC goes. Unironically there's about a week or two max for link to show something they've been doing before it won't matter much.

>>29226599
what's your btc/link ownership ratio?

>>29226237
This is it. Im done.

Selling "the worst centralized development in link history might finally be realized late and even then it only just makes the network function as it should have day one" as good news worthy of a thread shows how fucking far expectations have fallen.

>>29226237
>profitable
>subsidized
Kek, I mean technically I guess? Kinda like how tesla sells carbon credits or whatever bullshit they do

>>29225890

would be good for sergey as he would have max gains

>>29226275

its no crumb its a whole loaf of bread anon

>>29225890
>muh two weeks til top
look everyone! we have a psychic who knows when the btc top is. gtfo. many projections including stock to flow have btc hitting 80-90k, at minimum, before re-entering bear market. that is further than two weeks away. don't sell early

>>29226237
Where's the link to this, OP? Phone posting right now so data.chain.link doesn't load right

>>29226275
>Oracles operating with revenues that cover costs is bearish.

Ngmi

>>29228126
The revenues are not acquired from paying customers, so it’s irrelevant.

>>29225038
What the fuck is stopping them from using OCR on more feeds? Serious question.

Why haven’t they announced anything about this. Looks like OCR is already implemented in production. The feeds on OPs post prove it

>>29228669
They started testing with just a few feeds to make sure it was working correctly on main net, but are already starting to roll out to more feeds.

Thanks for this thread OP
I knew the ocr feeds were going live but hadn’t seen the savings