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: $1,718,405 per bitcoin
Bitcoin: $1,384,176,795,943
Gold: $34,341,218,338,235
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 | +76.34% | +172.12% |
| 3 year | +203.97% | +164.68% |
| 2 year | +60.75% | +142.7% |
| 1 year | -28.33% | +72.39% |
| 3 months | -31.64% | +24.19% |
| YTD | -20.86% | +14.41% |
| 1 month | -26.05% | +10.22% |
| 1 week | -17.68% | +1.02% |
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.