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: $1,648,301 per bitcoin
Bitcoin: $1,564,697,938,860
Gold: $32,985,369,466,812
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 | +44.29% | +162.24% |
| 3 year | +186.41% | +138.99% |
| 2 year | +20.41% | +98.74% |
| 1 year | -10.59% | +37.03% |
| YTD | -10.66% | +9.89% |
| 3 months | -12.5% | -0.98% |
| 1 month | +13.76% | +5.63% |
| 1 week | +5.4% | -1.45% |
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.