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: $1,671,552 per bitcoin
Bitcoin: $1,548,475,955,835
Gold: $33,458,178,304,026
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 | +25.8% | +168.98% |
| 3 year | +155.28% | +139.88% |
| 2 year | +21.41% | +101.76% |
| 1 year | -8.02% | +42.92% |
| YTD | -11.61% | +11.47% |
| 3 months | -19.01% | +4.81% |
| 1 month | +3.34% | -3.22% |
| 1 week | +7.79% | +1.6% |
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.