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: $934,143 per bitcoin
Bitcoin: $1,923,527,286,488
Gold: $18,423,926,837,958
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 | +1104.79% | +81.76% |
| 3 year | +62.32% | +43.14% |
| 2 year | +498.18% | +54.98% |
| 1 year | +160.15% | +34.46% |
| YTD | +131.07% | +29.36% |
| 3 months | +65.13% | +5.22% |
| 1 month | +41.42% | -2.28% |
| 1 week | +7.78% | +3.14% |
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.