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: $1,535,389 per bitcoin
Bitcoin: $1,264,765,936,065
Gold: $30,816,602,491,758
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 | +34% | +145.16% |
| 4 year | +160.62% | +153.87% |
| 3 year | +116.03% | +129.3% |
| 2 year | +9.36% | +77.34% |
| 1 year | -46.3% | +30.35% |
| YTD | -28% | +0.97% |
| 6 months | -8.3% | -12.68% |
| 3 months | -20.3% | -3.94% |
| 2 months | -4.95% | +1.44% |
| 1 month | -2.64% | +7.63% |
| 1 week | -2.93% | +0.69% |
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.