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: $1,651,766 per bitcoin
Bitcoin: $1,481,702,753,426
Gold: $33,082,712,462,709
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 | +31.43% | +166.85% |
| 3 year | +143.63% | +137.19% |
| 2 year | +16.57% | +99.83% |
| 1 year | -12.38% | +42.11% |
| YTD | -15.47% | +10.22% |
| 3 months | -21.09% | +2.02% |
| 1 month | +3.82% | -1.18% |
| 1 week | +1.27% | +0.7% |
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.