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: $1,393,638 per bitcoin
Bitcoin: $1,808,747,118,838
Gold: $27,812,284,542,000
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 | +413.48% | +112.65% |
| 3 year | +442.13% | +133.92% |
| 2 year | +148.13% | +102.12% |
| 1 year | +0.88% | +55.22% |
| YTD | -3.07% | +52.56% |
| 3 months | -22.89% | +19.98% |
| 1 month | -14.85% | -5.62% |
| 1 week | -14.42% | -2.46% |
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.