i never even made the assertions you replied with .. read my quote i never even used the words "supply/demand" however you did multiple times in this topic
bitcoin exchanges...
learn beyond highschool economics
I never suggested limiting the free supply of bitcoin on exchanges to 0. The free supply on all exchanges could be for example 1 Bitcoin, and that would be sufficient to determine the price at $10+ million per Bitcoin. But even if the free supply of Bitcoin is restricted to 0, the price of Bitcoin can still be established in the derivatives market. That's essentially all I wanted to convey about pricing.