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: $1,569,246 per bitcoin
Bitcoin: $1,623,193,766,260
Gold: $31,509,428,149,981
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 | +61.89% | +146.11% |
| 4 year | +307.99% | +160.95% |
| 3 year | +211.41% | +130.34% |
| 2 year | +40.58% | +79.07% |
| 1 year | -27.64% | +25.62% |
| YTD | -7.63% | +3.24% |
| 6 months | +18.32% | -12.62% |
| 3 months | +26.27% | +0.59% |
| 2 months | +29.27% | +7.14% |
| 1 month | +27.38% | +10.32% |
| 1 week | +0.71% | -2.79% |
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.