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: $1,524,708 per bitcoin
Bitcoin: $1,300,549,899,496
Gold: $30,597,443,354,974
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 | +48.12% | +151.77% |
| 4 year | +172.04% | +152.66% |
| 3 year | +117.63% | +124.6% |
| 2 year | +4.77% | +78.55% |
| 1 year | -44.46% | +27.67% |
| YTD | -25.95% | +0.25% |
| 6 months | -8.13% | -13.63% |
| 3 months | -19.18% | -7.91% |
| 2 months | +2.74% | +0.79% |
| 1 month | +4.11% | +6.5% |
| 1 week | +3.24% | +7.13% |
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.