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: $1,643,294 per bitcoin
Bitcoin: $1,463,552,190,530
Gold: $32,908,885,684,322
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 | +25.67% | +172.64% |
| 3 year | +157.78% | +135.36% |
| 2 year | +5.67% | +101.23% |
| 1 year | -11.55% | +53.27% |
| YTD | -16.5% | +9.64% |
| 3 months | -19.25% | +5.34% |
| 1 month | +6.75% | -7.32% |
| 1 week | +9.26% | +1.81% |
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.