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: $1,723,754 per bitcoin
Bitcoin: $1,322,319,328,174
Gold: $34,459,420,547,538
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 | +26.85% | +178.27% |
| 3 year | +168.58% | +168.33% |
| 2 year | +27.98% | +146.44% |
| 1 year | -30.94% | +71.13% |
| 3 months | -28.13% | +23.71% |
| YTD | -24.42% | +14.8% |
| 1 month | -30.45% | +7.74% |
| 1 week | -3.83% | -1.16% |
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.