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: $1,824,016 per bitcoin
Bitcoin: $1,311,476,909,172
Gold: $36,503,623,461,375
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 | +40.77% | +200.86% |
| 3 year | +178.37% | +190.06% |
| 2 year | +20.29% | +158.88% |
| 1 year | -21.89% | +79.92% |
| 3 months | -27.57% | +26.48% |
| YTD | -25.12% | +21.61% |
| 1 month | -25.79% | +4% |
| 1 week | -2.07% | +5.46% |
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.