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: $1,157,430 per bitcoin
Bitcoin: $2,089,384,662,834
Gold: $23,000,482,884,515
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 | +988.2% | +97.5% |
| 3 year | +235.15% | +79.18% |
| 2 year | +286.32% | +69.58% |
| 1 year | +48.59% | +39.81% |
| YTD | +12.44% | +26.7% |
| 3 months | +16.82% | +14.24% |
| 1 month | +8.56% | -2.41% |
| 1 week | +1.09% | +0.85% |
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.