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: $1,654,327 per bitcoin
Bitcoin: $1,447,711,704,251
Gold: $33,159,196,245,200
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 | +24.39% | +171.43% |
| 3 year | +158.25% | +137.15% |
| 2 year | +0.84% | +103.98% |
| 1 year | -5.37% | +59.55% |
| YTD | -17.47% | +10.47% |
| 3 months | -20.61% | +6.59% |
| 1 month | +9.38% | -5.3% |
| 1 week | +6.08% | +0.51% |
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.