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: $1,787,276 per bitcoin
Bitcoin: $1,288,526,756,497
Gold: $35,731,832,565,335
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 | +32.37% | +184.08% |
| 3 year | +169.1% | +181.74% |
| 2 year | +26.77% | +153.65% |
| 1 year | -33.09% | +74.97% |
| 3 months | -25.73% | +26.48% |
| YTD | -26.36% | +19.04% |
| 1 month | -27.92% | +3.05% |
| 1 week | -6.47% | +3.44% |
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.