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: $1,732,237 per bitcoin
Bitcoin: $1,341,224,410,740
Gold: $34,640,200,397,061
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 | +29.65% | +180.2% |
| 3 year | +172.18% | +170.17% |
| 2 year | +28.64% | +147.74% |
| 1 year | -29.77% | +70.03% |
| 3 months | -27.74% | +22.8% |
| YTD | -23.37% | +15.4% |
| 1 month | -28.46% | +6.82% |
| 1 week | +0.2% | -1.07% |
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.