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: $1,411,577 per bitcoin
Bitcoin: $2,416,939,365,750
Gold: $28,104,313,529,691
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 | +1014.93% | +114.09% |
| 3 year | +525.16% | +139.03% |
| 2 year | +334.36% | +118.37% |
| 1 year | +95.21% | +54.27% |
| YTD | +29.82% | +54.16% |
| 3 months | +11.42% | +22.41% |
| 1 month | +8.36% | +11.04% |
| 1 week | +2.44% | +4.36% |
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.