> Meanwhile the higher prices deter the person who was going to go in and buy out the entire store Yes, if prices are stable. But the market is not a vacuum o

> Meanwhile the higher prices deter the person who was going to go in and buy out the entire store Yes, if prices are stable. But the market is not a vacuum of nothing but prices. If the price is high and dPrice/dt has been zero for a year, then yes, what you're saying is true. But if dPrice/dt is positively high, the market can overreact to the change from fear of missing out on the current price, and fear of missing out on an investment opportunity. It's very similar to the price of a stock crashing. People don't know where the bottom is. Fear takes over. And the price will stop dropping when the fear stops.