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: $1,856,172 per bitcoin
Bitcoin: $1,318,945,522,048
Gold: $37,143,306,005,841
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 | +46.57% | +206.31% |
| 3 year | +184.66% | +192.55% |
| 2 year | +7.53% | +161.86% |
| 1 year | -21.94% | +87.18% |
| 3 months | -27.09% | +26.74% |
| YTD | -24.69% | +23.74% |
| 1 month | -16.28% | +11.25% |
| 1 week | -3.04% | +4.66% |
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.