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: $1,738,251 per bitcoin
Bitcoin: $1,432,874,541,792
Gold: $34,688,871,895,010
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 | +20.82% | +189.05% |
| 3 year | +190.01% | +161.75% |
| 2 year | +0.53% | +131.72% |
| 1 year | -14.49% | +67.19% |
| 3 months | -18.62% | +16.05% |
| YTD | -17.96% | +15.57% |
| 1 month | +2.92% | -0.08% |
| 1 week | +6.73% | -3.01% |
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.