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: $1,583,394 per bitcoin
Bitcoin: $1,546,398,168,700
Gold: $31,712,957,449,016
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 | +33.52% | +157.25% |
| 3 year | +162.96% | +129.08% |
| 2 year | +27.1% | +99.08% |
| 1 year | -18.07% | +39.01% |
| YTD | -11.78% | +5.65% |
| 3 months | -1.92% | -5.02% |
| 1 month | +13.16% | -2.12% |
| 1 week | -1.34% | -2.71% |
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.