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: $1,665,323 per bitcoin
Bitcoin: $1,302,806,953,000
Gold: $33,291,304,596,774
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 | +77.02% | +166.59% |
| 3 year | +179.22% | +156.59% |
| 2 year | +52.98% | +134.82% |
| 1 year | -33.58% | +68.59% |
| 3 months | -35.88% | +22.08% |
| YTD | -25.54% | +10.91% |
| 1 month | -28.68% | +9.67% |
| 1 week | -26.91% | -13.01% |
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.