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: $1,164,244 per bitcoin
Bitcoin: $2,161,827,947,064
Gold: $23,152,803,963,221
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 | +1095.38% | +88.39% |
| 3 year | +464.19% | +81.84% |
| 2 year | +255.59% | +74.62% |
| 1 year | +75.22% | +43.15% |
| YTD | +16.26% | +27.54% |
| 3 months | +31.73% | +5.36% |
| 1 month | +2.67% | -1.18% |
| 1 week | +1.37% | +0.18% |
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.