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: $1,656,513 per bitcoin
Bitcoin: $1,532,219,135,904
Gold: $33,173,102,387,471
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 | +35.92% | +168.34% |
| 3 year | +170.79% | +137.96% |
| 2 year | +17.9% | +99.37% |
| 1 year | -10.06% | +41.83% |
| YTD | -12.58% | +10.52% |
| 3 months | -13.36% | -0.17% |
| 1 month | +8.45% | +6.14% |
| 1 week | +2.68% | +0.82% |
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.