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: $1,746,434 per bitcoin
Bitcoin: $1,374,792,736,056
Gold: $34,869,651,744,533
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 | +45.22% | +175.4% |
| 3 year | +216.16% | +170.64% |
| 2 year | +37.57% | +148.51% |
| 1 year | -29.62% | +72.93% |
| 3 months | -32.18% | +20.12% |
| YTD | -21.33% | +16.17% |
| 1 month | -24.45% | +9.38% |
| 1 week | +9.55% | +7.32% |
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.