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: $1,658,312 per bitcoin
Bitcoin: $1,493,927,880,480
Gold: $33,193,961,600,877
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 | +21.36% | +166.85% |
| 3 year | +146.28% | +137.99% |
| 2 year | +17.13% | +100.17% |
| 1 year | -11.26% | +41.79% |
| YTD | -14.72% | +10.59% |
| 3 months | -21.86% | +3.99% |
| 1 month | -0.3% | -3.98% |
| 1 week | +3.99% | +0.8% |
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.