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: $1,737,083 per bitcoin
Bitcoin: $1,412,055,567,289
Gold: $34,744,496,464,094
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 | +15.14% | +189.68% |
| 3 year | +191.99% | +162.45% |
| 2 year | -3.42% | +129.75% |
| 1 year | -12.95% | +67.52% |
| 3 months | -21.78% | +15.86% |
| YTD | -19.34% | +15.75% |
| 1 month | +2.56% | -0.28% |
| 1 week | +3.59% | -2.74% |
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.