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: $960,900 per bitcoin
Bitcoin: $2,072,519,232,224
Gold: $19,040,134,838,175
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 | +1098.92% | +76.4% |
| 3 year | +186.5% | +49.62% |
| 2 year | +359.33% | +45.58% |
| 1 year | +151.78% | +35.8% |
| 3 months | +55.2% | +0.95% |
| 1 month | +7.6% | +4.52% |
| YTD | +11.86% | +4.88% |
| 1 week | +8.3% | +4.13% |
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.