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: $1,612,829 per bitcoin
Bitcoin: $1,551,046,624,968
Gold: $32,371,925,397,972
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 | +57.92% | +157.54% |
| 4 year | +257.51% | +167.46% |
| 3 year | +195.86% | +141.13% |
| 2 year | +26.38% | +81.78% |
| 1 year | -31.26% | +37.18% |
| YTD | -11.7% | +6.07% |
| 6 months | +13.68% | -10.29% |
| 3 months | -0.35% | +1.24% |
| 2 months | +22.21% | +11.01% |
| 1 month | +16.19% | +12.37% |
| 1 week | +22.69% | +5.02% |
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.