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: $1,514,813 per bitcoin
Bitcoin: $1,305,372,953,050
Gold: $30,399,493,166,910
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 | +40.46% | +148.41% |
| 4 year | +180.34% | +150.73% |
| 3 year | +119.86% | +122.68% |
| 2 year | +6.79% | +76.66% |
| 1 year | -44.17% | +27.03% |
| YTD | -25.68% | -0.39% |
| 6 months | -7.2% | -14.24% |
| 3 months | -19.37% | -8.65% |
| 2 months | +5.5% | +2.33% |
| 1 month | +2.89% | +4.67% |
| 1 week | +2.49% | +5.91% |
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.