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: $1,624,892 per bitcoin
Bitcoin: $1,615,659,490,226
Gold: $32,619,363,133,052
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 | +67.88% | +156.33% |
| 4 year | +276.17% | +169.04% |
| 3 year | +207.96% | +140.94% |
| 2 year | +25.45% | +83.24% |
| 1 year | -29.03% | +36.95% |
| YTD | -8.04% | +6.88% |
| 6 months | +25.61% | -10.16% |
| 3 months | +4.54% | +1.32% |
| 2 months | +32.14% | +15.18% |
| 1 month | +25.57% | +13.93% |
| 1 week | +24.8% | +4.82% |
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.