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: $1,640,814 per bitcoin
Bitcoin: $1,462,838,412,662
Gold: $32,832,401,901,831
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 | +21.89% | +171.07% |
| 3 year | +146.51% | +133.88% |
| 2 year | +3.66% | +102.14% |
| 1 year | -8.15% | +47.24% |
| YTD | -16.47% | +9.38% |
| 3 months | -19.17% | +4.93% |
| 1 month | +4.61% | -8.4% |
| 1 week | +9.21% | +1.97% |
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.