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: $1,194,058 per bitcoin
Bitcoin: $2,098,117,046,705
Gold: $23,748,240,907,251
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 | +1014.09% | +98.61% |
| 3 year | +294.12% | +83.72% |
| 2 year | +307.15% | +75.09% |
| 1 year | +54.63% | +47.72% |
| YTD | +12.82% | +30.82% |
| 3 months | +25.76% | +17.35% |
| 1 month | +2.54% | +5.9% |
| 1 week | +3.78% | +2.02% |
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.