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: $1,606,250 per bitcoin
Bitcoin: $1,396,323,585,415
Gold: $32,130,141,717,146
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 | +20.52% | +165.57% |
| 3 year | +157.52% | +133.38% |
| 2 year | +3.1% | +114.73% |
| 1 year | -15.67% | +52.21% |
| 3 months | -18.31% | +6.43% |
| YTD | -20.24% | +7.04% |
| 1 month | +5.04% | -6.72% |
| 1 week | -0.6% | -9.46% |
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.