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: $1,586,025 per bitcoin
Bitcoin: $1,598,018,929,600
Gold: $31,768,582,018,100
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 | +39.48% | +154.82% |
| 3 year | +175.22% | +122.77% |
| 2 year | +26.96% | +98.48% |
| 1 year | -16.83% | +40.41% |
| YTD | -8.84% | +5.84% |
| 3 months | +5.48% | -7.3% |
| 1 month | +19.18% | -1.34% |
| 1 week | +1.44% | -2.27% |
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.