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: $1,469,979 per bitcoin
Bitcoin: $1,847,632,178,341
Gold: $29,341,960,191,810
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 | +398.62% | +127.86% |
| 3 year | +439.76% | +144.35% |
| 2 year | +111.6% | +110.47% |
| 1 year | -4.92% | +58.35% |
| YTD | -1.01% | +60.95% |
| 3 months | -17.02% | +15.9% |
| 1 month | -11.6% | +5.58% |
| 1 week | +1.33% | +0.33% |
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.