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: $1,521,373 per bitcoin
Bitcoin: $1,262,697,947,245
Gold: $30,533,816,508,810
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 | +31.85% | +142.91% |
| 4 year | +157.5% | +150.52% |
| 3 year | +114.84% | +125.77% |
| 2 year | +3.82% | +75.07% |
| 1 year | -49.08% | +28.93% |
| YTD | -28.11% | +0.05% |
| 6 months | -8.6% | -13.81% |
| 3 months | -20.64% | -7.81% |
| 2 months | -2.27% | +2.56% |
| 1 month | +1.08% | +8.19% |
| 1 week | -2.1% | +2.06% |
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.