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: $1,545,434 per bitcoin
Bitcoin: $1,568,461,936,950
Gold: $31,035,761,628,543
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 | +67.9% | +144.84% |
| 4 year | +265.66% | +156.88% |
| 3 year | +201.68% | +129% |
| 2 year | +36.9% | +75.25% |
| 1 year | -29.98% | +20.57% |
| YTD | -10.76% | +1.69% |
| 6 months | +14.09% | -14.04% |
| 3 months | +26.67% | +4.47% |
| 2 months | +23.54% | +6.86% |
| 1 month | +20.42% | +1.79% |
| 1 week | +1.04% | +0.16% |
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.