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: $1,118,595 per bitcoin
Bitcoin: $2,051,932,769,175
Gold: $22,211,182,749,406
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 | +1002.28% | +84.26% |
| 3 year | +245.35% | +72.38% |
| 2 year | +282.43% | +60.72% |
| 1 year | +58.35% | +34.9% |
| YTD | +10.51% | +22.35% |
| 3 months | +7.48% | +11.31% |
| 1 month | +22.87% | -4.72% |
| 1 week | +0.37% | -3.81% |
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.