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: $1,501,381 per bitcoin
Bitcoin: $1,694,765,497,049
Gold: $30,166,194,730,978
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 | +87.53% | +144.11% |
| 4 year | +337.25% | +151.44% |
| 3 year | +217.42% | +121.43% |
| 2 year | +33.2% | +62.55% |
| 1 year | -24.7% | +13.15% |
| YTD | -3.62% | -1.16% |
| 6 months | +18.98% | -3.7% |
| 3 months | +34.63% | +4.46% |
| 2 months | +29.66% | +5.49% |
| 1 month | +8.54% | -7.32% |
| 1 week | +10.77% | -0.14% |
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.