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: $1,588,270 per bitcoin
Bitcoin: $1,540,464,898,610
Gold: $31,813,423,081,650
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 | +90.19% | +140.51% |
| 4 year | +162.88% | +143.11% |
| 3 year | +183.86% | +127.73% |
| 2 year | +7.67% | +85.41% |
| 1 year | -27.98% | +36.9% |
| 6 months | -11.24% | +10.76% |
| YTD | -12.13% | +4.24% |
| 3 months | +13.15% | -11.45% |
| 2 months | +9.01% | +0.11% |
| 1 month | +1.36% | -6.29% |
| 1 week | -2.99% | -3.95% |
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.