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: $1,169,522 per bitcoin
Bitcoin: $2,347,360,498,717
Gold: $23,264,976,019,383
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 | +1187.1% | +85.89% |
| 3 year | +426.91% | +96.25% |
| 2 year | +295.34% | +69.25% |
| 1 year | +84.49% | +37.02% |
| YTD | +26.19% | +27.61% |
| 3 months | +39.76% | -0.06% |
| 1 month | +12.68% | -0.95% |
| 1 week | +0.37% | -0.03% |
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.