Everything I can read from the Bank of America research note quoted in Inside Bitcoins press release is Positive NEWS:
“According to the analysis, a minimum of $2 billion in inflows would be needed in order to move the Gold market with a single percentile (…) For Bitcoin, however, the researchers speculate that as little as $93 million of a net inflow could be all it takes to push Bitcoin up by 1%.”
Just imagining the amount of money of moving the price for 10 percent in just less than a day makes me wonder who the hell are those people. Sometimes I think it's just unfair, wish I have known BTC 10 years ago.
If all the billionaire's out there put 100 million dollars each one of them, then they could really move the market in an instant. Recently I have seen a blog that most of the trades are done by common people and not by millionaires, and couldn't imagine just hoe many of them, and also I don't know for sure if it's true.
According to the same press release, the $2 billion required to shift the gold market with a single percentile varies by about one order of magnitude from the $0,1 billion required for the same impact on the Bitcoin market; the same one order of magnitude that divides the cap market sizes of both Bitcoin and gold.
As a consequence, if (when) the Bitcoin market cap exceeds that of gold, the exposure to cash inflows will be the same for both, equating the efficiency of both as a store of value.
But, given that Bitcoin took 12 years to hit 10% of gold's market cap in 5000 years, all I see is a bright near future: Bitcoin is on the right and fast track to being a "great" store of value... if it hasn't already.