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RE: What If Exchanges Won't Be Able To Quickly Regain All Their Powered Up Steem?
If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.
From here.
I agree with this:
Decreasing supply do not increase the price, if there is no demand.
But my assumption was that demand will remain the same (see the quote above).