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: $1,606,094 per bitcoin
Bitcoin: $1,584,790,219,980
Gold: $32,159,835,910,761
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 | +58.57% | +148.04% |
| 4 year | +162.17% | +145.1% |
| 3 year | +194.1% | +125.76% |
| 2 year | +28.55% | +93% |
| 1 year | -23.6% | +42.51% |
| 6 months | -16.21% | +12.13% |
| YTD | -9.57% | +5.37% |
| 3 months | +13.45% | -8.89% |
| 2 months | +11.13% | -8.86% |
| 1 month | +6.69% | -5.5% |
| 1 week | -1.09% | -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.