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: $1,838,543 per bitcoin
Bitcoin: $1,338,681,173,544
Gold: $36,851,277,018,150
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 | +43.16% | +204.25% |
| 3 year | +183.99% | +192.33% |
| 2 year | +17.17% | +161.34% |
| 1 year | -21.16% | +84.35% |
| 3 months | -26.83% | +27.65% |
| YTD | -23.69% | +22.77% |
| 1 month | -25.13% | +2.53% |
| 1 week | -1.74% | +4.29% |
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.