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: $1,096,667 per bitcoin
Bitcoin: $1,678,241,368,995
Gold: $21,754,219,513,289
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 | +1174.14% | +91.12% |
| 3 year | +82.85% | +60.63% |
| 2 year | +196.87% | +59.01% |
| 1 year | +21.23% | +39.64% |
| YTD | -9.52% | +19.83% |
| 3 months | -10.36% | +19.88% |
| 1 month | -1.63% | +10.01% |
| 1 week | -3.33% | +3.63% |
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.