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: $1,592,022 per bitcoin
Bitcoin: $1,463,680,458,800
Gold: $31,912,398,175,682
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 | +104.48% | +137.2% |
| 4 year | +151.03% | +142.04% |
| 3 year | +159.76% | +132.92% |
| 2 year | +6.88% | +91.27% |
| 1 year | -32.29% | +38.3% |
| 6 months | -19.72% | +7.14% |
| YTD | -16.57% | +4.56% |
| 3 months | +8.97% | -14.89% |
| 2 months | +10.1% | +0.62% |
| 1 month | -4.36% | -1.55% |
| 1 week | -5.84% | -0.2% |
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.