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: $1,757,536 per bitcoin
Bitcoin: $1,415,001,777,210
Gold: $35,140,821,518,817
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 | +52.83% | +175.42% |
| 3 year | +208.41% | +170.41% |
| 2 year | +56.09% | +148.84% |
| 1 year | -26.71% | +76.71% |
| 3 months | -30.81% | +26.95% |
| YTD | -19.14% | +17.07% |
| 1 month | -22.22% | +12.96% |
| 1 week | -8.02% | +6.76% |
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.