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: $1,473,206 per bitcoin
Bitcoin: $1,679,604,129,780
Gold: $29,614,762,064,229
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 | +52.72% | +138.96% |
| 4 year | +336.49% | +148.75% |
| 3 year | +205.03% | +125.22% |
| 2 year | +38.8% | +59.16% |
| 1 year | -26.19% | +4.49% |
| YTD | -4.53% | -2.97% |
| 6 months | +14.5% | -11.29% |
| 3 months | +30.38% | +2.02% |
| 2 months | +30.73% | -4.23% |
| 1 month | +9.14% | -2.9% |
| 1 week | -1.4% | +1.16% |
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.