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: $1,170,188 per bitcoin
Bitcoin: $1,825,585,662,674
Gold: $23,215,117,131,782
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 | +1146.56% | +95.97% |
| 3 year | +132.61% | +70.29% |
| 2 year | +233.34% | +68.66% |
| 1 year | +38.57% | +44.15% |
| YTD | -1.59% | +27.88% |
| 3 months | -11.58% | +22.33% |
| 1 month | +7.27% | +10.7% |
| 1 week | +9.41% | -0.42% |
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.