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: $1,508,133 per bitcoin
Bitcoin: $1,684,934,165,994
Gold: $30,293,448,423,305
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 | +96.21% | +144.58% |
| 4 year | +342.91% | +155.21% |
| 3 year | +219.57% | +122.83% |
| 2 year | +30.39% | +61.27% |
| 1 year | -25.98% | +14.11% |
| YTD | -4.16% | -0.74% |
| 6 months | +18.94% | -5.47% |
| 3 months | +37.72% | +6.96% |
| 2 months | +30.88% | +5.8% |
| 1 month | +6.22% | -8.09% |
| 1 week | +9.84% | -1.36% |
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.