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: $1,559,008 per bitcoin
Bitcoin: $1,598,003,003,849
Gold: $31,304,408,312,344
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 | +59.12% | +142.5% |
| 4 year | +298.31% | +159.4% |
| 3 year | +208.11% | +128.84% |
| 2 year | +37.24% | +77.47% |
| 1 year | -28.12% | +24.45% |
| YTD | -9.07% | +2.57% |
| 6 months | +9.51% | -13.63% |
| 3 months | +24.75% | -0.18% |
| 2 months | +26.13% | +6.42% |
| 1 month | +24.23% | +9.12% |
| 1 week | +2.27% | -0.67% |
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.