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: $1,158,314 per bitcoin
Bitcoin: $2,144,869,249,302
Gold: $23,055,872,367,681
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 | +1064.56% | +86.55% |
| 3 year | +397.49% | +91.05% |
| 2 year | +255.46% | +72.9% |
| 1 year | +92.84% | +39.45% |
| YTD | +15.24% | +27% |
| 3 months | +36.09% | +11.07% |
| 1 month | +1.96% | +0.33% |
| 1 week | +0.58% | +0.6% |
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.