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: $1,145,840 per bitcoin
Bitcoin: $2,153,284,227,647
Gold: $22,785,848,637,249
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 | +1078.91% | +85.93% |
| 3 year | +438.51% | +77.03% |
| 2 year | +255.42% | +72.48% |
| 1 year | +77.91% | +41.06% |
| YTD | +15.8% | +25.51% |
| 3 months | +30.97% | +5.51% |
| 1 month | +2.4% | -0.69% |
| 1 week | +7.37% | -2.89% |
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.