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: $1,743,726 per bitcoin
Bitcoin: $1,374,899,768,116
Gold: $34,855,745,602,262
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 | +53.37% | +171.56% |
| 3 year | +217.99% | +170.83% |
| 2 year | +43.99% | +147.43% |
| 1 year | -29.38% | +72.03% |
| 3 months | -35.06% | +22.24% |
| YTD | -21.41% | +16.12% |
| 1 month | -23.95% | +11.4% |
| 1 week | -9.06% | +1.7% |
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.