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: $1,599,904 per bitcoin
Bitcoin: $1,564,775,160,480
Gold: $32,046,721,517,582
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 | +67.69% | +142.8% |
| 4 year | +161.07% | +143.58% |
| 3 year | +189.1% | +127.1% |
| 2 year | +19.71% | +90.62% |
| 1 year | -24.56% | +41.21% |
| 6 months | -17.26% | +11.43% |
| YTD | -10.74% | +5% |
| 3 months | +13.37% | -8.76% |
| 2 months | +4.36% | -8.83% |
| 1 month | +3.95% | -5.05% |
| 1 week | -3.17% | -3.7% |
Annual Supply Growth / Inflation
Bitcoin: 0.83%
Gold: 1.63%
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.