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: $1,388,448 per bitcoin
Bitcoin: $2,030,111,411,720
Gold: $27,694,082,332,697
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 | +586.87% | +103.84% |
| 3 year | +394.15% | +137.22% |
| 2 year | +187.22% | +102.39% |
| 1 year | +33.94% | +47.08% |
| YTD | +8.85% | +51.91% |
| 3 months | -13.35% | +17.88% |
| 1 month | -16.24% | -0.55% |
| 1 week | -7.11% | -0.55% |
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.