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: $1,705,353 per bitcoin
Bitcoin: $1,399,825,315,875
Gold: $34,077,001,635,086
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 | +84.32% | +165.93% |
| 3 year | +205.3% | +162.93% |
| 2 year | +64.26% | +141.79% |
| 1 year | -27.47% | +70.47% |
| 3 months | -32.56% | +23.73% |
| YTD | -19.96% | +13.53% |
| 1 month | -25.42% | +10.43% |
| 1 week | -17.17% | -9.91% |
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.