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: $1,623,302 per bitcoin
Bitcoin: $1,849,095,370,720
Gold: $32,429,123,775,972
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 | +156.37% | +152.65% |
| 3 year | +339.07% | +144.32% |
| 2 year | +122.5% | +129.98% |
| 1 year | -8.61% | +73.71% |
| 3 months | -14.79% | +9.97% |
| 1 month | +5.06% | +7.29% |
| YTD | +5.76% | +8.04% |
| 1 week | +1.56% | +1.72% |
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.