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40 sats \ 1 reply \ @Scoresby OP 12h \ parent \ on: Dumping a fork coin doesn't crash its price bitcoin
This is definitely where we disagree.
You are still defining supply as somebody's demand (willingness to pay) for a coin.
I think supply is how much of a coin is in existence.
By definition, a trade always occurs at the point where willingness to sell = willingness to buy. Which is two say, a trade occurs where demand is equal. Therefore a trade does not change demand.
All other points on the curves are completely hypothetical and does not exist. I'm not arguing price can't change, nor that demand can't. I'm saying a trade does not change these things. (I am still contending that the supply of a coin does not change unless the protocol changes and allows more or fewer coins to exist, or if someone provably burns coins).
I regret that we cannot come to agreement on this point. Nevertheless, I appreciate the time you've devoted to our discussion.
I'm not sure where the disconnect is.
Supply has nothing at all to do with anyone's willingness to pay. It is the prices people are willing to sell for. If no one is willing to pay it, then there's no transaction. They're just totally separate concepts.
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