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: $1,631,248 per bitcoin
Bitcoin: $1,557,553,946,784
Gold: $32,665,528,194,579
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 | +55.15% | +165.42% |
| 3 year | +182.73% | +135.25% |
| 2 year | +21.01% | +102.85% |
| 1 year | -17.14% | +39.7% |
| YTD | -11.13% | +8.83% |
| 3 months | -12.77% | -6.6% |
| 1 month | +10.29% | +3.64% |
| 1 week | +0.85% | -2.45% |
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.