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: $1,728,939 per bitcoin
Bitcoin: $1,414,848,352,567
Gold: $34,570,669,685,706
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 | +82.21% | +172.44% |
| 3 year | +203.76% | +165.74% |
| 2 year | +59.92% | +144.44% |
| 1 year | -26.72% | +73.72% |
| 3 months | -31.57% | +24.89% |
| YTD | -19.15% | +15.17% |
| 1 month | -22.46% | +11.45% |
| 1 week | -10.12% | +3.54% |
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.