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: $1,717,484 per bitcoin
Bitcoin: $1,509,735,992,528
Gold: $34,327,312,195,964
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 | +112.87% | +167.15% |
| 3 year | +220.9% | +159.3% |
| 2 year | +74.97% | +142.13% |
| 1 year | -22.58% | +76.57% |
| 3 months | -31.73% | +23.98% |
| YTD | -13.69% | +14.36% |
| 1 month | -16% | +13.6% |
| 1 week | -14.46% | -2.2% |
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.