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: $915,880 per bitcoin
Bitcoin: $1,313,635,461,264
Gold: $18,105,014,624,503
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 | +696.13% | +78.87% |
| 3 year | +15.67% | +47.41% |
| 2 year | +246.15% | +57.87% |
| 1 year | +147.38% | +37.11% |
| YTD | +57.44% | +28.78% |
| 3 months | +9.04% | +10.1% |
| 1 month | +10.75% | +2.83% |
| 1 week | +6.69% | +0.34% |
Annual Supply Growth / Inflation
Bitcoin: 1.70%
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.