Money supply is a number -- all the money that can be circulated. Market supply is not. It is a curve that shows price vs. quantity. A market depth graph is the supply/demand graph for that particular market at that particular time.
Money supply is a number that has no effect on price. Price is determined where market supply meets demand. That's why when a major seller comes into the market, it depresses prices. That total supply was there prior to being on the market, but it doesn't have an effect until it's brought in to trade.
We both know that multiplying the money supply by a factor of 100,000,000 would have an effect on the value of a bitcoin, so saying that the money supply has no effect on the price can't be correct.
Multiplying the USD supply by 5x since 2008 hasn't, so your point about multiplying money supply by a factor of 100 million (something nobody is talking about) isn't relevant. You're not even having the same conversation anymore. You brought up the difference between market supply and money supply, and then when I agreed with you and distinguished the point further, you started talking about 100,000,000x increase in the money supply. That doesn't even follow logically, and again is refuted by the fact that a 5x increase in the USD supply has not lead to inflation because money supply increase is still not market supply increase. Even if you want to argue the ridiculous point of 100,000,000x increase in money supply, it's still not going to impact the price unless it's part of the market supply.
Ok, I guess I was being too picky. The money supply does not directly affect the price, but it does affect it indirectly because it affects the market supply. However, you can't say that the price hasn't been affected (indirectly) by increase in the money supply simply because the price has gone down instead of up. There are other factors, specifically demand.