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: $1,627,206 per bitcoin
Bitcoin: $1,420,973,394,727
Gold: $32,575,138,269,818
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 | +21.87% | +169.72% |
| 3 year | +151.83% | +134.72% |
| 2 year | +14.24% | +117% |
| 1 year | -18.24% | +53.46% |
| 3 months | -19.43% | +7.78% |
| YTD | -18.9% | +8.52% |
| 1 month | +6.07% | -5.89% |
| 1 week | +0.62% | -7.76% |
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.