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: $1,589,130 per bitcoin
Bitcoin: $1,534,748,276,880
Gold: $31,834,632,030,371
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 | +119.04% | +140.03% |
| 4 year | +162.7% | +142.75% |
| 3 year | +181.43% | +128% |
| 2 year | +12.82% | +92.85% |
| 1 year | -28.54% | +34.26% |
| 6 months | -11.72% | +10.83% |
| YTD | -12.46% | +4.31% |
| 3 months | +18.64% | -13.67% |
| 2 months | +8.07% | +1.62% |
| 1 month | -2.11% | -3.95% |
| 1 week | -1.95% | -0.73% |
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.