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: $1,656,960 per bitcoin
Bitcoin: $1,625,094,193,240
Gold: $33,177,865,449,374
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 | +62.31% | +160% |
| 4 year | +178.65% | +155.89% |
| 3 year | +202.98% | +132.67% |
| 2 year | +31.95% | +98.77% |
| 1 year | -21.11% | +44.89% |
| 6 months | -20.06% | +12.41% |
| YTD | -7.27% | +8.71% |
| 3 months | +22.63% | -4.01% |
| 2 months | +15.05% | -7.6% |
| 1 month | +14.7% | +1.06% |
| 1 week | +0.29% | +2.4% |
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.