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: $1,118,880 per bitcoin
Bitcoin: $2,043,372,451,822
Gold: $22,218,106,434,801
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 | +997.62% | +84.32% |
| 3 year | +243.89% | +72.43% |
| 2 year | +280.81% | +60.77% |
| 1 year | +57.68% | +34.95% |
| YTD | +10.05% | +22.39% |
| 3 months | +7.02% | +11.35% |
| 1 month | +22.35% | -4.69% |
| 1 week | -0.06% | -3.78% |
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.