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: $1,543,968 per bitcoin
Bitcoin: $1,273,012,343,026
Gold: $30,986,274,081,527
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 | +38.94% | +150.31% |
| 4 year | +164.87% | +155.57% |
| 3 year | +115.78% | +128.88% |
| 2 year | +7.87% | +80.37% |
| 1 year | -46.59% | +30.87% |
| YTD | -27.52% | +1.53% |
| 6 months | -5.24% | -12.97% |
| 3 months | -22.38% | -7.71% |
| 2 months | -0.19% | +4.43% |
| 1 month | -0.72% | +7.01% |
| 1 week | -0.98% | +8.01% |
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.