The Bitcoin-Gold Flippening
flip.gold tracks several metrics to compare Gold to Bitcoin (sometimes called "digital gold".) Some of these metrics might put bitcoin on top (in the future); this is the Bitcoin-Gold flippening.
Market Cap
Flip point: $1,272,347 per bitcoin
Bitcoin: $2,339,751,840,002
Gold: $25,343,944,288,898
Bitcoin's market cap is transparent and can be validated by anyone. For gold, supply estimates vary.
Sources: CoinGecko and World Gold Council reports.
Price Performance
| Period | Bitcoin | Gold |
|---|---|---|
| 5 year | +974.98% | +86.83% |
| 3 year | +504.33% | +112.41% |
| 2 year | +339.26% | +88.47% |
| 1 year | +91.18% | +42.27% |
| YTD | +25.62% | +39.02% |
| 3 months | +12.17% | +7.9% |
| 1 month | +1.04% | +9.33% |
| 1 week | +1.7% | +0.19% |
Annual Supply Growth / Inflation
Bitcoin: 0.83%
Gold: 1.72%
Bitcoin is disinflationary and halves the mining reward every ~4 years. For gold, it depends on how much has been mined and recycled. Theoretically, more new supply means more new demand (buy pressure) is needed to maintain the price.
Sources: Bitcoin code and World Gold Council quarterly reports.