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: $1,599,378 per bitcoin
Bitcoin: $1,572,159,703,674
Gold: $32,025,845,650,113
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 | +38.72% | +160.08% |
| 3 year | +174.01% | +128.36% |
| 2 year | +32.77% | +99.31% |
| 1 year | -18.94% | +41.59% |
| YTD | -10.29% | +6.69% |
| 3 months | -0.32% | -3.15% |
| 1 month | +17.38% | -0.92% |
| 1 week | +1.15% | -1.81% |
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.