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: $1,582,557 per bitcoin
Bitcoin: $1,577,057,682,125
Gold: $31,692,098,235,609
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 | +37.68% | +154.21% |
| 3 year | +171.67% | +122.23% |
| 2 year | +25.32% | +98% |
| 1 year | -17.9% | +40.07% |
| YTD | -10.02% | +5.58% |
| 3 months | +4.12% | -7.53% |
| 1 month | +17.65% | -1.58% |
| 1 week | +0.13% | -2.5% |
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.