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: $1,626,804 per bitcoin
Bitcoin: $1,550,508,610,913
Gold: $32,568,185,198,682
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 | +49.04% | +161.82% |
| 3 year | +177.98% | +135.61% |
| 2 year | +15.87% | +100.77% |
| 1 year | -17.23% | +39.86% |
| YTD | -11.51% | +8.5% |
| 3 months | -13.41% | -5.37% |
| 1 month | +14.15% | +4.81% |
| 1 week | +3.5% | -2.5% |
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.