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: $1,742,881 per bitcoin
Bitcoin: $1,377,330,895,888
Gold: $34,848,792,531,126
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 | +45.28% | +175.23% |
| 3 year | +216.29% | +170.48% |
| 2 year | +37.63% | +148.36% |
| 1 year | -29.59% | +72.83% |
| 3 months | -32.15% | +20.05% |
| YTD | -21.29% | +16.1% |
| 1 month | -24.41% | +9.31% |
| 1 week | +9.6% | +7.25% |
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.