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: $1,168,505 per bitcoin
Bitcoin: $2,391,895,714,980
Gold: $23,251,069,877,112
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 | +1200.94% | +85.78% |
| 3 year | +494.35% | +92.96% |
| 2 year | +282.26% | +70.79% |
| 1 year | +103.22% | +38.58% |
| YTD | +28.55% | +27.54% |
| 3 months | +43.79% | +3.34% |
| 1 month | +13.35% | -2.73% |
| 1 week | +10.06% | +0.6% |
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.