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: $1,657,952 per bitcoin
Bitcoin: $1,483,339,693,360
Gold: $33,180,055,458,606
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 | +18.01% | +174.57% |
| 3 year | +143.27% | +137.41% |
| 2 year | +12.73% | +100% |
| 1 year | -12.31% | +47.97% |
| YTD | -15.31% | +10.54% |
| 3 months | -23.59% | +3.56% |
| 1 month | +4.08% | -4.39% |
| 1 week | +2.98% | -0.04% |
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.