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: $1,458,475 per bitcoin
Bitcoin: $1,795,042,171,738
Gold: $29,140,321,128,881
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 | +367.98% | +124.12% |
| 3 year | +433.16% | +140.03% |
| 2 year | +107.63% | +107.07% |
| 1 year | -9.96% | +58.99% |
| YTD | -3.92% | +59.84% |
| 3 months | -19.16% | +16.55% |
| 1 month | -13.11% | +5.28% |
| 1 week | -0.62% | -0.57% |
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.