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: $1,603,133 per bitcoin
Bitcoin: $1,336,283,537,850
Gold: $32,081,470,219,197
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 | +14.68% | +167.17% |
| 3 year | +137% | +128.19% |
| 2 year | -2.58% | +101.57% |
| 1 year | -20.37% | +51.38% |
| YTD | -23.7% | +6.88% |
| 3 months | -26.92% | +5.68% |
| 1 month | -8.11% | -10.01% |
| 1 week | +0.68% | +2.85% |
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.