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: $1,559,496 per bitcoin
Bitcoin: $1,579,673,108,181
Gold: $31,311,477,961,917
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 | +66.21% | +144.16% |
| 4 year | +292.93% | +159.77% |
| 3 year | +203.46% | +128.53% |
| 2 year | +33.44% | +76.95% |
| 1 year | -27.32% | +28.01% |
| YTD | -10.1% | +2.59% |
| 6 months | +17.41% | -16.5% |
| 3 months | +6.91% | -1.95% |
| 2 months | +34.38% | +10.81% |
| 1 month | +25.24% | +9.68% |
| 1 week | -0.37% | -5% |
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.