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: $1,704,322 per bitcoin
Bitcoin: $1,306,655,695,949
Gold: $34,035,283,208,273
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 | +36.84% | +168.37% |
| 3 year | +198.92% | +164.45% |
| 2 year | +35.78% | +141.85% |
| 1 year | -31.66% | +69.08% |
| 3 months | -36.45% | +18.55% |
| YTD | -25.24% | +13.39% |
| 1 month | -27.95% | +7.99% |
| 1 week | -10.58% | -2.06% |
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.