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: $1,505,426 per bitcoin
Bitcoin: $1,698,506,090,925
Gold: $30,243,960,876,289
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 | +95.09% | +144.46% |
| 4 year | +339.9% | +155.25% |
| 3 year | +222.64% | +124.8% |
| 2 year | +29.81% | +59.99% |
| 1 year | -22.94% | +13.9% |
| YTD | -3.4% | -0.9% |
| 6 months | +22.9% | -2.79% |
| 3 months | +40.95% | +5.11% |
| 2 months | +29.41% | +4.83% |
| 1 month | +6.99% | -7.2% |
| 1 week | +4.07% | -2.19% |
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.