Bitcoin will eat gold's market share, according to JPMorgan

[newshunter]

Bitcoin will eat gold's market share, according to JPMorgan

The investment bank says gold could languish for years as Bitcoin’s popularity grows. 

Source: Bitcoin will eat gold's market share, according to JPMorgan

Would appreciate your opinion about this

[disconnectme]

There is no doubt that Bitcoin is becoming more appealing as an asset class to new investors especially the Millennial and generation Z. Gold price start stalling because Fed start controlling its price and this also could happen to Bitcoin futures unless it is physically backed. Having sail all these there is still a huge gap between the two and Bitcoin will need to do a lot of work to bridge this gap

[monig18]

In the near future ,It is very difficult that Bitcoin eat Gold market's share. Gold is Trading before Bitcoin.Unless manipulation occur in Bitcoin it is not possible.Yesterday there was a sudden drop 0f 1500$ in Bitcoin.It will take so many years that Bitcoin do so.