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: $1,797,159 per bitcoin
Bitcoin: $1,352,153,189,387
Gold: $35,926,518,557,129
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 | +43.94% | +190.77% |
| 3 year | +192.09% | +185.63% |
| 2 year | +30.7% | +154.03% |
| 1 year | -23.79% | +77.32% |
| 3 months | -22.53% | +25.47% |
| YTD | -22.72% | +19.69% |
| 1 month | -21.85% | +2.56% |
| 1 week | +1.78% | +4.3% |
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.