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: $1,469,377 per bitcoin
Bitcoin: $1,699,931,881,665
Gold: $29,522,856,619,771
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 | +92.91% | +137.95% |
| 4 year | +334.42% | +147.54% |
| 3 year | +213.72% | +125.49% |
| 2 year | +33.78% | +58.48% |
| 1 year | -25.8% | +7.91% |
| YTD | -3.33% | -3.27% |
| 6 months | +24% | -10.39% |
| 3 months | +44.5% | +4.48% |
| 2 months | +34.68% | +3.42% |
| 1 month | +7.71% | -5.99% |
| 1 week | +0.27% | -2.63% |
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.