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: $1,090,799 per bitcoin
Bitcoin: $1,646,651,028,670
Gold: $21,629,593,176,167
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 | +1133.54% | +91.3% |
| 3 year | +78.84% | +58.34% |
| 2 year | +198.55% | +57.06% |
| 1 year | +25.59% | +36.06% |
| YTD | -11.19% | +19.15% |
| 3 months | -15.34% | +18.51% |
| 1 month | -3.58% | +8.17% |
| 1 week | -4.8% | +1.96% |
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.