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: $1,631,795 per bitcoin
Bitcoin: $1,420,490,799,735
Gold: $32,672,481,265,715
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 | +22.18% | +167.44% |
| 3 year | +153.66% | +133.66% |
| 2 year | -0.95% | +100.98% |
| 1 year | -7.05% | +57.21% |
| YTD | -18.94% | +8.85% |
| 3 months | -22.02% | +5.03% |
| 1 month | +7.43% | -6.69% |
| 1 week | +4.19% | -0.97% |
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.