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: $1,531,600 per bitcoin
Bitcoin: $1,755,452,357,505
Gold: $30,586,559,925,065
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 | +220.53% | +129.71% |
| 3 year | +428.14% | +145.21% |
| 2 year | +108.92% | +113.34% |
| 1 year | -6.15% | +67.45% |
| YTD | -5.99% | +67.77% |
| 3 months | -23.1% | +14.56% |
| 1 month | -3.23% | +4.46% |
| 1 week | -0.66% | -1.28% |
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.