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: $1,408,926 per bitcoin
Bitcoin: $1,896,602,009,600
Gold: $28,097,360,458,556
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 | +469.01% | +112.24% |
| 3 year | +469.86% | +135.76% |
| 2 year | +162.71% | +104.09% |
| 1 year | +4.96% | +57.54% |
| YTD | +1.71% | +54.12% |
| 3 months | -19.06% | +21.02% |
| 1 month | -12% | -7.97% |
| 1 week | -9.17% | +1.1% |
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.