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: $1,622,608 per bitcoin
Bitcoin: $1,551,275,763,908
Gold: $32,484,748,345,056
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 | +51.37% | +162.47% |
| 3 year | +180.69% | +135.01% |
| 2 year | +16.69% | +100.86% |
| 1 year | -17.22% | +40.3% |
| YTD | -11.46% | +8.22% |
| 3 months | -13.34% | -6.32% |
| 1 month | +9.3% | +5.44% |
| 1 week | +3.11% | -2.14% |
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.