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: $1,779,182 per bitcoin
Bitcoin: $1,347,575,557,806
Gold: $35,571,911,929,218
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 | +16.88% | +186.77% |
| 3 year | +176.04% | +177.59% |
| 2 year | +30.01% | +151.65% |
| 1 year | -29.89% | +74.25% |
| 3 months | -20.75% | +26.32% |
| YTD | -22.99% | +18.51% |
| 1 month | -24.57% | +6.78% |
| 1 week | -3.39% | +2.46% |
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.