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: $1,623,760 per bitcoin
Bitcoin: $1,582,528,698,504
Gold: $32,598,154,184,331
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 | +66.91% | +157.17% |
| 4 year | +288.87% | +169.02% |
| 3 year | +203.16% | +140.91% |
| 2 year | +25.28% | +83.49% |
| 1 year | -29.52% | +36.14% |
| YTD | -9.93% | +6.81% |
| 6 months | +16.84% | -10.71% |
| 3 months | +3.96% | +2.28% |
| 2 months | +31.42% | +13.29% |
| 1 month | +20.66% | +12.99% |
| 1 week | +13.76% | +2.81% |
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.