... No you're not competing with the other 15mil bitcoin market, as most of those bitcoins are NOT for sale. That's basic economics. ...
Nah, that's not basic economics, that's Beanie economics. If Exxon gasoline is in short supply, it doesn't mean it's suddenly more valuable & you can charge more at your Exxon gas station. There are alternatives -- people will simply switch to Shell.
Tacking on "That's basic economics" at the end only shows that you're yet to grasp basic economics.