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: $1,638,496 per bitcoin
Bitcoin: $1,433,027,677,656
Gold: $32,790,683,475,018
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 | +23.14% | +171.66% |
| 3 year | +152.57% | +134.51% |
| 2 year | +3.54% | +100.51% |
| 1 year | -13.33% | +52.72% |
| YTD | -18.18% | +9.24% |
| 3 months | -20.88% | +4.96% |
| 1 month | +4.6% | -7.66% |
| 1 week | +7.05% | +1.44% |
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.