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: $1,627,506 per bitcoin
Bitcoin: $1,424,181,428,328
Gold: $32,589,044,412,089
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 | +18.56% | +168.9% |
| 3 year | +135.04% | +133.88% |
| 2 year | +1.45% | +97.35% |
| 1 year | -14.76% | +44.04% |
| YTD | -18.73% | +8.57% |
| 3 months | -21.69% | +3.4% |
| 1 month | +1.28% | -8.17% |
| 1 week | +5.68% | +1.12% |
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.