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: $1,579,269 per bitcoin
Bitcoin: $1,612,991,492,372
Gold: $31,629,520,595,390
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 | +50.64% | +156.57% |
| 3 year | +179.2% | +122.12% |
| 2 year | +26.19% | +97.18% |
| 1 year | -14.62% | +39.54% |
| YTD | -7.98% | +5.37% |
| 3 months | +10.07% | -8.98% |
| 1 month | +19.66% | -1.86% |
| 1 week | +4.11% | -2.92% |
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.