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: $1,726,037 per bitcoin
Bitcoin: $1,490,474,037,560
Gold: $34,542,857,401,164
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 | +31.05% | +186.18% |
| 3 year | +196% | +159.02% |
| 2 year | +14.07% | +131.5% |
| 1 year | -9.85% | +66.27% |
| 3 months | -15.2% | +15.11% |
| YTD | -14.9% | +15.08% |
| 1 month | +8.08% | 0% |
| 1 week | +8.79% | -2.72% |
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.