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: $1,599,737 per bitcoin
Bitcoin: $1,533,423,925,760
Gold: $32,011,939,507,842
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 | +39.35% | +159.97% |
| 3 year | +159.91% | +131.24% |
| 2 year | +20.64% | +96.58% |
| 1 year | -18.31% | +39.18% |
| YTD | -12.44% | +6.65% |
| 3 months | -14.1% | -10.93% |
| 1 month | +15.54% | +2.54% |
| 1 week | +1% | -4.12% |
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.