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: $1,630,456 per bitcoin
Bitcoin: $1,561,815,421,452
Gold: $32,630,762,838,902
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 | +59.33% | +164.25% |
| 3 year | +175.26% | +134.88% |
| 2 year | +21.02% | +101.42% |
| 1 year | -17.66% | +41.57% |
| YTD | -10.83% | +8.71% |
| 3 months | -9.83% | -6.85% |
| 1 month | +9.44% | +4.5% |
| 1 week | +3.05% | -1.78% |
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.