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: $1,745,256 per bitcoin
Bitcoin: $1,420,142,520,150
Gold: $34,883,557,886,804
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 | +23.88% | +190.67% |
| 3 year | +221.57% | +167.29% |
| 2 year | -0.58% | +132.59% |
| 1 year | -15.3% | +71.64% |
| 3 months | -21.32% | +16.51% |
| YTD | -18.82% | +16.21% |
| 1 month | +7.35% | +2.62% |
| 1 week | +0.25% | -1.03% |
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.