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: $1,662,446 per bitcoin
Bitcoin: $1,504,975,649,970
Gold: $33,291,304,596,774
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 | +34.87% | +170.51% |
| 3 year | +160.65% | +140% |
| 2 year | +17.45% | +100% |
| 1 year | -11.72% | +43.22% |
| YTD | -14.13% | +10.91% |
| 3 months | -18.8% | +2.66% |
| 1 month | +7.56% | +3.06% |
| 1 week | +6.21% | +3.1% |
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.