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: $1,736,690 per bitcoin
Bitcoin: $1,411,871,901,072
Gold: $34,737,543,392,958
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 | +15.12% | +189.62% |
| 3 year | +191.94% | +162.39% |
| 2 year | -3.44% | +129.7% |
| 1 year | -12.96% | +67.48% |
| 3 months | -21.79% | +15.84% |
| YTD | -19.35% | +15.73% |
| 1 month | +2.54% | -0.3% |
| 1 week | +3.58% | -2.76% |
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.