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: $1,582,497 per bitcoin
Bitcoin: $1,554,246,315,765
Gold: $31,678,192,093,338
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 | +41.66% | +156.39% |
| 3 year | +164.64% | +128.71% |
| 2 year | +23.18% | +94.62% |
| 1 year | -18.3% | +36.49% |
| YTD | -11.29% | +5.54% |
| 3 months | -12.92% | -17.22% |
| 1 month | +17.07% | +1.56% |
| 1 week | +1.69% | -3.62% |
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.