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: $1,711,823 per bitcoin
Bitcoin: $1,472,640,881,660
Gold: $34,229,969,200,067
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 | +96.42% | +166.97% |
| 3 year | +214.04% | +164.25% |
| 2 year | +71.37% | +141.44% |
| 1 year | -27.42% | +75.38% |
| 3 months | -30.86% | +23.14% |
| YTD | -15.85% | +14.04% |
| 1 month | -18.71% | +13.33% |
| 1 week | -17.44% | -4.76% |
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.