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: $1,591,159 per bitcoin
Bitcoin: $1,536,155,626,978
Gold: $31,877,049,927,813
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 | +105.36% | +141.12% |
| 4 year | +160% | +141.9% |
| 3 year | +186.4% | +128.07% |
| 2 year | +9.25% | +86.25% |
| 1 year | -30.08% | +35.94% |
| 6 months | -9.84% | +11.33% |
| YTD | -12.39% | +4.45% |
| 3 months | +12.8% | -11.66% |
| 2 months | +11.56% | +0.4% |
| 1 month | +0.43% | -4.61% |
| 1 week | -5.4% | -3.07% |
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.