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: $1,722,432 per bitcoin
Bitcoin: $1,479,203,067,431
Gold: $34,459,420,547,538
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 | +32.49% | +185.16% |
| 3 year | +202.15% | +158.53% |
| 2 year | +6.39% | +130.62% |
| 1 year | -12.39% | +66.03% |
| 3 months | -14.44% | +15.07% |
| YTD | -15.52% | +14.8% |
| 1 month | +7.6% | -0.72% |
| 1 week | +11.96% | -1.59% |
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.