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: $1,661,769 per bitcoin
Bitcoin: $1,518,023,010,366
Gold: $33,263,492,312,232
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 | +25.82% | +169.67% |
| 3 year | +157.36% | +139.32% |
| 2 year | +23.66% | +102.11% |
| 1 year | -10.71% | +43.19% |
| YTD | -13.35% | +10.82% |
| 3 months | -20.25% | +4% |
| 1 month | +2.59% | -3.7% |
| 1 week | +3.93% | +1.31% |
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.