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: $925,290 per bitcoin
Bitcoin: $1,868,613,782,550
Gold: $18,299,300,500,835
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 | +1061.03% | +79.67% |
| 3 year | +61.63% | +41.72% |
| 2 year | +465.37% | +54.38% |
| 1 year | +152.55% | +33.76% |
| YTD | +123.86% | +28.49% |
| 3 months | +58.6% | +5.42% |
| 1 month | +38.16% | -3.01% |
| 1 week | +7.5% | +1.61% |
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.