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: $1,602,435 per bitcoin
Bitcoin: $1,523,446,049,698
Gold: $32,088,423,290,333
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 | +41.95% | +160.29% |
| 3 year | +160.39% | +131.79% |
| 2 year | +19.25% | +97.39% |
| 1 year | -19.29% | +39.17% |
| YTD | -13.07% | +6.9% |
| 3 months | -10.04% | -15.17% |
| 1 month | +15.32% | +3.82% |
| 1 week | -2.71% | -2.02% |
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.