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: $1,558,268 per bitcoin
Bitcoin: $1,601,834,683,064
Gold: $31,290,269,013,196
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 | +59.5% | +142.39% |
| 4 year | +299.26% | +159.29% |
| 3 year | +208.85% | +128.73% |
| 2 year | +37.57% | +77.39% |
| 1 year | -27.95% | +24.4% |
| YTD | -8.85% | +2.52% |
| 6 months | +9.77% | -13.67% |
| 3 months | +25.04% | -0.23% |
| 2 months | +26.43% | +6.37% |
| 1 month | +24.52% | +9.07% |
| 1 week | +2.51% | -0.72% |
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.