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: $1,596,960 per bitcoin
Bitcoin: $1,567,441,318,062
Gold: $31,977,174,152,165
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 | +35.4% | +159.24% |
| 3 year | +178.33% | +131.8% |
| 2 year | +34.28% | +98.06% |
| 1 year | -18.82% | +41.51% |
| YTD | -10.56% | +6.53% |
| 3 months | +1.74% | -2.85% |
| 1 month | +14.97% | -3.08% |
| 1 week | +1.08% | -1.96% |
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.