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: $1,599,686 per bitcoin
Bitcoin: $1,559,752,722,007
Gold: $32,032,582,218,435
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 | +67.21% | +142.69% |
| 4 year | +160.31% | +143.47% |
| 3 year | +188.26% | +127% |
| 2 year | +19.36% | +90.54% |
| 1 year | -24.78% | +41.15% |
| 6 months | -17.5% | +11.38% |
| YTD | -11% | +4.96% |
| 3 months | +13.04% | -8.8% |
| 2 months | +4.05% | -8.87% |
| 1 month | +3.65% | -5.09% |
| 1 week | -3.45% | -3.74% |
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.