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: $1,160,964 per bitcoin
Bitcoin: $2,318,159,084,967
Gold: $23,105,055,383,267
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 | +1159.66% | +85.13% |
| 3 year | +466.16% | +92.41% |
| 2 year | +284.29% | +70.24% |
| 1 year | +91.13% | +38.11% |
| YTD | +24.57% | +26.74% |
| 3 months | +37.81% | +3.04% |
| 1 month | +10.43% | -4.13% |
| 1 week | +7.55% | -0.21% |
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.