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: $1,556,495 per bitcoin
Bitcoin: $1,603,133,066,208
Gold: $31,254,920,765,328
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 | +54.43% | +141.85% |
| 4 year | +303.52% | +159.45% |
| 3 year | +209.63% | +129.42% |
| 2 year | +42.23% | +75.72% |
| 1 year | -27.86% | +23.15% |
| YTD | -8.78% | +2.41% |
| 6 months | +12.64% | -12.78% |
| 3 months | +31.05% | +2.81% |
| 2 months | +25.63% | +6.07% |
| 1 month | +23.57% | +3.9% |
| 1 week | +2.06% | -0.81% |
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.