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: $1,634,623 per bitcoin
Bitcoin: $1,443,959,595,000
Gold: $32,714,199,692,528
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 | +20.43% | +171.49% |
| 3 year | +141.27% | +133.04% |
| 2 year | +7.28% | +100.64% |
| 1 year | -15.42% | +45.31% |
| YTD | -17.56% | +8.99% |
| 3 months | -20.83% | +2.62% |
| 1 month | +2.28% | -7.36% |
| 1 week | +4.59% | +2.57% |
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.