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: $1,445,840 per bitcoin
Bitcoin: $1,675,822,869,050
Gold: $29,056,259,747,907
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 | +50.48% | +132.6% |
| 4 year | +318.01% | +142.48% |
| 3 year | +198.27% | +124.1% |
| 2 year | +32.76% | +55.09% |
| 1 year | -33.17% | +3.27% |
| YTD | -4.72% | -4.79% |
| 6 months | +21.09% | -11.1% |
| 3 months | +30.15% | -0.99% |
| 2 months | +29.76% | -2.88% |
| 1 month | +3.81% | -6.95% |
| 1 week | -0.3% | -1.75% |
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.