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: $1,815,541 per bitcoin
Bitcoin: $1,288,241,358,435
Gold: $36,239,406,758,226
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 | +18.62% | +186.53% |
| 3 year | +167.29% | +183.72% |
| 2 year | +25.76% | +157.51% |
| 1 year | -33.16% | +77.4% |
| 3 months | -23.79% | +29.01% |
| YTD | -26.26% | +20.73% |
| 1 month | -27.84% | +5.29% |
| 1 week | -6.08% | +4.41% |
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.