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: $1,723,230 per bitcoin
Bitcoin: $1,382,774,247,226
Gold: $34,438,561,334,132
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 | +78.18% | +171.4% |
| 3 year | +197.03% | +164.72% |
| 2 year | +56.37% | +143.51% |
| 1 year | -28.34% | +73.06% |
| 3 months | -33.08% | +24.42% |
| YTD | -20.94% | +14.73% |
| 1 month | -24.18% | +11.03% |
| 1 week | -12.11% | +3.14% |
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.