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: $1,671,550 per bitcoin
Bitcoin: $1,550,260,737,676
Gold: $33,465,131,375,162
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 | +25.92% | +169.03% |
| 3 year | +155.52% | +139.93% |
| 2 year | +21.52% | +101.8% |
| 1 year | -7.93% | +42.95% |
| YTD | -11.52% | +11.49% |
| 3 months | -18.93% | +4.84% |
| 1 month | +3.44% | -3.2% |
| 1 week | +7.89% | +1.63% |
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.