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: $1,472,996 per bitcoin
Bitcoin: $1,656,775,723,515
Gold: $29,600,622,765,082
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 | +52.65% | +138.03% |
| 4 year | +324.58% | +147.6% |
| 3 year | +194.99% | +126.2% |
| 2 year | +32.58% | +59.81% |
| 1 year | -33.16% | +4.34% |
| YTD | -5.8% | -3.01% |
| 6 months | +15.93% | -10.8% |
| 3 months | +32.45% | +3.03% |
| 2 months | +27% | -3.28% |
| 1 month | +5.09% | -3.75% |
| 1 week | -2.82% | +0.12% |
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.