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: $826,366 per bitcoin
Bitcoin: $1,339,069,421,872
Gold: $16,307,499,016,256
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 |
|---|---|---|
| 3 year | +82.01% | +32.7% |
| 2 year | +219.55% | +39.78% |
| 1 year | +131.09% | +21.06% |
| YTD | +60.77% | +15.99% |
| 3 months | +6.35% | +1.97% |
| 1 month | +11.7% | +3.42% |
| 1 week | +1.75% | -0.46% |
Annual Supply Growth / Inflation
Bitcoin: 1.70%
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.