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: $1,689,960 per bitcoin
Bitcoin: $1,353,649,737,958
Gold: $33,784,972,647,395
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 | +37.52% | +169.5% |
| 3 year | +185.03% | +161.94% |
| 2 year | +29.8% | +141.98% |
| 1 year | -29.58% | +68.6% |
| 3 months | -28.28% | +19.44% |
| YTD | -22.63% | +12.56% |
| 1 month | -29.11% | +5.84% |
| 1 week | -3.4% | -3.09% |
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.