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: $1,601,890 per bitcoin
Bitcoin: $1,533,590,801,480
Gold: $32,096,209,064,598
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 | +77.62% | +143.04% |
| 4 year | +166.02% | +143.69% |
| 3 year | +185.15% | +131.99% |
| 2 year | +14.39% | +87.99% |
| 1 year | -27.81% | +40.04% |
| 6 months | -17.54% | +11.91% |
| YTD | -12.55% | +5.17% |
| 3 months | +15.17% | -8.36% |
| 2 months | +7.42% | -5.71% |
| 1 month | +1.07% | -4.98% |
| 1 week | -6.34% | -4.4% |
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.