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: $1,610,414 per bitcoin
Bitcoin: $1,346,511,883,800
Gold: $32,220,531,641,907
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 | +17.95% | +167.4% |
| 3 year | +141.96% | +132.98% |
| 2 year | +1.78% | +101.83% |
| 1 year | -19.07% | +48.19% |
| YTD | -23.1% | +7.34% |
| 3 months | -25.71% | +6.68% |
| 1 month | -1.49% | -9.16% |
| 1 week | +1.48% | +3.21% |
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.