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: $1,776,322 per bitcoin
Bitcoin: $1,369,568,739,424
Gold: $35,516,287,360,134
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 | +21.5% | +184.25% |
| 3 year | +176.36% | +176.86% |
| 2 year | +31.01% | +151.5% |
| 1 year | -30.38% | +73.8% |
| 3 months | -20.95% | +25.72% |
| YTD | -21.73% | +18.32% |
| 1 month | -22.44% | +6.88% |
| 1 week | -0.49% | +1.94% |
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.