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: $1,240,902 per bitcoin
Bitcoin: $2,214,162,310,362
Gold: $24,704,261,744,432
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 | +874.06% | +81.28% |
| 3 year | +457.74% | +107.78% |
| 2 year | +330.19% | +83.52% |
| 1 year | +88.16% | +42.29% |
| YTD | +18.94% | +35.51% |
| 3 months | +5.04% | +4.99% |
| 1 month | -1.19% | +6.06% |
| 1 week | -0.56% | +4.9% |
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.