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: $1,155,590 per bitcoin
Bitcoin: $1,882,256,997,248
Gold: $22,952,017,086,746
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 | +1157.2% | +89.54% |
| 3 year | +134.06% | +73.11% |
| 2 year | +234.27% | +65.92% |
| 1 year | +46.96% | +42.27% |
| YTD | +1.35% | +26.43% |
| 3 months | -9.57% | +20.2% |
| 1 month | +8.28% | +9.33% |
| 1 week | +12.24% | -0.99% |
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.