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: $918,762 per bitcoin
Bitcoin: $1,904,681,287,944
Gold: $18,209,292,590,691
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 |
|---|---|---|
| 3 year | +95.55% | +47.09% |
| 2 year | +471.49% | +48.92% |
| 1 year | +119.17% | +28.92% |
| YTD | +127.69% | +27.86% |
| 3 months | +51.57% | +0.38% |
| 1 month | -2.44% | -1.57% |
| 1 week | -5.19% | -1.39% |
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.