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: $1,456,914 per bitcoin
Bitcoin: $1,723,427,495,301
Gold: $29,282,488,534,265
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 | +74.07% | +133.62% |
| 4 year | +321.46% | +143.5% |
| 3 year | +208.53% | +126.96% |
| 2 year | +38.07% | +56.13% |
| 1 year | -29.93% | +6.64% |
| YTD | -2.03% | -4.05% |
| 6 months | +27.4% | -10.64% |
| 3 months | +35.9% | -0.46% |
| 2 months | +33.85% | +2.07% |
| 1 month | +7.63% | -6.44% |
| 1 week | +1.54% | -2.77% |
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.