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: $993,466 per bitcoin
Bitcoin: $1,657,129,951,683
Gold: $19,690,961,265,371
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 | +852.14% | +73.63% |
| 3 year | +121.16% | +48.43% |
| 2 year | +255.5% | +56.87% |
| 1 year | +46.67% | +40.24% |
| 3 months | -12.89% | +7.4% |
| YTD | -10.59% | +8.47% |
| 1 month | -18% | +4.94% |
| 1 week | -15.02% | -3.23% |
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.