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: $1,675,496 per bitcoin
Bitcoin: $1,486,440,336,570
Gold: $33,520,755,944,246
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 | +16.86% | +175.96% |
| 3 year | +144.36% | +136.09% |
| 2 year | +15.36% | +104.45% |
| 1 year | -11.13% | +48.98% |
| YTD | -15.11% | +11.67% |
| 3 months | -22.01% | +5.01% |
| 1 month | +4.7% | -3.56% |
| 1 week | +7.89% | +4.28% |
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.