r/MSTR • u/soka_data • 1d ago
Bullish 📈 Social Dominance is SKYROCKETING for $MSTR
- Green line is stock price over the past 7 days
- Orange line is social dominance over the same time period
- Historically, spikes in social dominance has led to a bump in $MSTR price
*NOT FINANCIAL ADVICE*
I just found this interesting and wanted to share
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u/itsdabtime 1d ago
Am I missing something it looks like it’s lower since the start of the week
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u/dawson846 1d ago
Annnnnd. We are dropiing as BTC rises again. Lol
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u/Altruistic_Sand_8437 23h ago
I've made my peace with this. I know people say to zoom out, but not everyone can. I can, fortunately. To the others that can't, I'd say to take this as a learning experience to not buy in into the hype, like any other stock. The price was 250 not so long ago, after nearing the 600 point.
Notice the hype and pump. Manage your fomo and DCA in, and when you feel like the price has dropped to a level you would be ready to take a larger position, do it. After a pump, there is ALWAYS a drop in price because of people raking in profits.
In a few words, learn from this and make better decisions so that you also can zoom out and appreciate.
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u/Substantial_Bonus168 13h ago
so you dca all the way from 250 to 600 and still carrrying it? It must turn red by now, you shouldve sell than repeat the "zoom out"mantra.
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u/Bred_Slippy 1d ago
Very low correlation it seems from that chart.
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u/soka_data 1d ago
I would say a bit of a lag term between the two.
Social dominance starts to curl up, price goes up 24 hours later.
The other thing I could not fit on the chart is social sentiment. It is important whether that social dominance is positive or negative!
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u/Friendly-Profit-8590 1d ago
Is social dominance to MSTR like the global m2 money supply is to Bitcoin? Like are we about to start seeing a bunch of charts about social dominance now?
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u/tenor_tymir Shareholder 🤴 23h ago
I like how people always find new mumbo jumbo to believe in…
next up: BTC supply shock! 🤡
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u/arensurge 1d ago
2 questions
1) Where can we see this chart for ourselves?
2) Can you zoom out and share screenshot so that we can see if there is a high correlation between social dominance previous major rallies?
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u/Salty_Feed9404 Shareholder 🤴 20h ago
The social dominance is chatter about its sinking price, shorting it, being a scam, etc. etc. Not sure if that's helping matters...
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u/Embarrassed_Orange50 21h ago
It’s just chatter. Enron had huge social dominance after bankruptcy for example… It quantifies chatter and only that… Without some math to show correlation you really can’t say anything except that you are high on something…
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u/TakeWallStreetdown 1d ago
Wouldn’t it rocket for Enron at some point ie it’s really not meaningful for price action
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u/Emmanuell89 23h ago
So people could be saying "fuck MSTR the stock is going down !Saylor is a fraud , Bitcoin isnt real !! "
and social dominance will go up ?
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u/Few-Support7194 22h ago
More people are scared of losing their money and ask if they should sell, so time to sell.
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u/Substantial_Bonus168 14h ago
Whats the source? Do they say how they collect the data? Seems very weird and suspicious
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u/Substantial_Bonus168 14h ago
You gotta make sure how its been calculated and didnt got miscalculated by someone spamming "MSTR" in some chat 😂
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u/therealcpain 1d ago
Ok. But what is social dominance?