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: $1,560,298 per bitcoin
Bitcoin: $1,372,720,526,736
Gold: $31,212,336,327,260
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 | +19.19% | +157.84% |
| 3 year | +142.79% | +131.39% |
| 2 year | +4.71% | +105.82% |
| 1 year | -18.32% | +48.3% |
| 3 months | -22.53% | +3.24% |
| YTD | -21.59% | +3.98% |
| 1 month | +0.95% | -12.05% |
| 1 week | -3.64% | -10.06% |
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.