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: $1,515,796 per bitcoin
Bitcoin: $1,555,939,558,329
Gold: $30,434,841,414,779
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 | +58.72% | +137.85% |
| 4 year | +284.52% | +152.49% |
| 3 year | +200.22% | +122.94% |
| 2 year | +35.11% | +71.86% |
| 1 year | -29.01% | +23.39% |
| YTD | -11.46% | -0.28% |
| 6 months | +17.93% | -19.7% |
| 3 months | +8.59% | -3.52% |
| 2 months | +29.2% | +6.93% |
| 1 month | +23.45% | +6.56% |
| 1 week | -1.3% | -7.18% |
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.