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: $1,170,441 per bitcoin
Bitcoin: $2,377,271,011,360
Gold: $23,299,741,375,061
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 | +931.35% | +74.99% |
| 3 year | +389.21% | +95.17% |
| 2 year | +306.02% | +74.99% |
| 1 year | +101.21% | +35.45% |
| YTD | +27.71% | +27.8% |
| 3 months | +16.08% | +3.46% |
| 1 month | +1.71% | -0.06% |
| 1 week | +4.64% | -0.8% |
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.