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: $1,758,336 per bitcoin
Bitcoin: $1,349,992,569,744
Gold: $35,147,774,589,953
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 | +50.59% | +173.84% |
| 3 year | +212.23% | +173.1% |
| 2 year | +41.38% | +149.51% |
| 1 year | -30.66% | +73.47% |
| 3 months | -36.23% | +23.26% |
| YTD | -22.83% | +17.1% |
| 1 month | -25.33% | +12.33% |
| 1 week | -10.71% | +2.56% |
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.