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: $1,660,708 per bitcoin
Bitcoin: $1,486,831,454,280
Gold: $33,180,055,458,606
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 | +17.79% | +170.37% |
| 3 year | +145.51% | +137.65% |
| 2 year | +17.32% | +100% |
| 1 year | -11.04% | +46.2% |
| YTD | -14.97% | +10.54% |
| 3 months | -22.14% | +3.72% |
| 1 month | +2.39% | -3.63% |
| 1 week | +4.64% | +1.66% |
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.