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: $1,531,254 per bitcoin
Bitcoin: $1,272,075,956,993
Gold: $30,731,766,696,874
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 | +42.45% | +147.83% |
| 4 year | +159.65% | +153.17% |
| 3 year | +115.5% | +127% |
| 2 year | +6.8% | +75.71% |
| 1 year | -47.27% | +29.76% |
| YTD | -27.58% | +0.69% |
| 6 months | -4.23% | -11.09% |
| 3 months | -21.24% | -7.71% |
| 2 months | -0.24% | +3.5% |
| 1 month | -0.57% | +6.78% |
| 1 week | -1.9% | +2.16% |
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.