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: $1,589,623 per bitcoin
Bitcoin: $1,479,170,889,580
Gold: $31,862,910,628,666
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 | +112.21% | +136.59% |
| 4 year | +150.22% | +142.05% |
| 3 year | +165.84% | +131.84% |
| 2 year | +9.2% | +92.61% |
| 1 year | -30.21% | +36% |
| 6 months | -18.76% | +7.03% |
| YTD | -15.68% | +4.4% |
| 3 months | +12.3% | -15.93% |
| 2 months | +11.86% | +1.39% |
| 1 month | -2.61% | -1.05% |
| 1 week | -2.23% | +0.36% |
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.