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: $1,454,776 per bitcoin
Bitcoin: $1,647,806,404,761
Gold: $29,240,070,636,823
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 | +32.19% | +134.47% |
| 4 year | +323.73% | +145.46% |
| 3 year | +189.41% | +112.1% |
| 2 year | +19.74% | +52% |
| 1 year | -23.49% | -2.52% |
| YTD | -6.33% | -4.19% |
| 6 months | +8.26% | -13.44% |
| 3 months | +26.53% | +3.19% |
| 2 months | +26.74% | -4.33% |
| 1 month | +1.37% | -5.46% |
| 1 week | -2.04% | -1.15% |
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.