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: $1,165,415 per bitcoin
Bitcoin: $1,689,881,169,549
Gold: $23,145,880,277,825
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 | +1093.87% | +100.78% |
| 3 year | +105.04% | +70.21% |
| 2 year | +195.1% | +67.57% |
| 1 year | +32.97% | +39.64% |
| YTD | -9% | +27.5% |
| 3 months | -15.98% | +24.51% |
| 1 month | -1.99% | +9.5% |
| 1 week | -0.26% | +3.24% |
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.