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: $930,372 per bitcoin
Bitcoin: $1,328,404,603,772
Gold: $18,392,070,349,013
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 | +731.76% | +80.6% |
| 3 year | +9.12% | +52.03% |
| 2 year | +243.6% | +60.37% |
| 1 year | +136.47% | +39.79% |
| YTD | +59.21% | +30.82% |
| 3 months | +4.77% | +9.39% |
| 1 month | +11.41% | +4.55% |
| 1 week | +11.63% | +2.24% |
Annual Supply Growth / Inflation
Bitcoin: 1.70%
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.