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: $1,727,857 per bitcoin
Bitcoin: $1,369,033,944,320
Gold: $34,542,857,401,164
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 | +42.97% | +172.97% |
| 3 year | +181.73% | +168.98% |
| 2 year | +31.8% | +148.15% |
| 1 year | -29.81% | +72.2% |
| 3 months | -28.3% | +21.59% |
| YTD | -21.76% | +15.08% |
| 1 month | -28.36% | +7.98% |
| 1 week | -2.92% | -0.86% |
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.