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: $1,654,899 per bitcoin
Bitcoin: $1,587,591,281,336
Gold: $33,149,586,851,079
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 | +58.6% | +156.51% |
| 4 year | +170.41% | +157.64% |
| 3 year | +195.75% | +132.94% |
| 2 year | +26.05% | +100.38% |
| 1 year | -23.93% | +44.19% |
| 6 months | -20.53% | +12.5% |
| YTD | -9.44% | +8.62% |
| 3 months | +15.13% | -6.43% |
| 2 months | +11.68% | -6.2% |
| 1 month | +6.36% | -0.91% |
| 1 week | -2.66% | +0.15% |
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.