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: $1,462,630 per bitcoin
Bitcoin: $1,675,289,563,819
Gold: $29,395,602,927,445
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 | +47.97% | +136.38% |
| 4 year | +335.22% | +146.77% |
| 3 year | +211.86% | +122.23% |
| 2 year | +31.92% | +56.61% |
| 1 year | -27.63% | +3% |
| YTD | -4.76% | -3.68% |
| 6 months | +17.81% | -10.47% |
| 3 months | +30.76% | +2.14% |
| 2 months | +31.46% | -5.24% |
| 1 month | +7.89% | -4.39% |
| 1 week | -2.81% | +0.53% |
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.