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: $1,520,792 per bitcoin
Bitcoin: $1,302,792,276,450
Gold: $30,519,677,209,663
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 | +40.18% | +149.39% |
| 4 year | +179.78% | +151.72% |
| 3 year | +119.43% | +123.56% |
| 2 year | +6.58% | +77.36% |
| 1 year | -44.28% | +27.53% |
| YTD | -25.82% | 0% |
| 6 months | -7.39% | -13.9% |
| 3 months | -19.53% | -8.29% |
| 2 months | +5.29% | +2.74% |
| 1 month | +2.69% | +5.09% |
| 1 week | +2.29% | +6.33% |
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.