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: $1,724,552 per bitcoin
Bitcoin: $1,437,199,954,250
Gold: $34,515,045,116,622
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 | +20.84% | +187.6% |
| 3 year | +190.05% | +160.44% |
| 2 year | +0.55% | +130.56% |
| 1 year | -14.48% | +66.35% |
| 3 months | -18.61% | +15.47% |
| YTD | -17.95% | +14.99% |
| 1 month | +2.93% | -0.58% |
| 1 week | +6.75% | -3.5% |
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.