I don't see how what you wrote conflicts with what I wrote. "bid up" and "buy" are synonyms in this context. If you take buyers out of the market the price f

I don't see how what you wrote conflicts with what I wrote. "bid up" and "buy" are synonyms in this context. If you take buyers out of the market the price for whatever it is they buy is going to come down. If the buyers who are taken out were the least price-sensitive buyers, (the theory being that people who aren't venture-backed generally have to spend what they earn) prices are going to come down a lot.