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: $1,490,611 per bitcoin
Bitcoin: $1,290,210,729,264
Gold: $29,911,687,346,325
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 | +50.22% | +139.72% |
| 4 year | +179.74% | +146.42% |
| 3 year | +121.37% | +117.76% |
| 2 year | +14.9% | +77.1% |
| 1 year | -44.1% | +26.07% |
| YTD | -26.54% | -1.99% |
| 6 months | -8.83% | -13.74% |
| 3 months | -21.04% | -9.63% |
| 2 months | +5.64% | -1.33% |
| 1 month | +0.35% | +1.93% |
| 1 week | -0.66% | +3.35% |
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.