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: $1,654,725 per bitcoin
Bitcoin: $1,580,549,581,782
Gold: $33,142,517,201,506
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 | +57.81% | +159.72% |
| 4 year | +170.94% | +155.62% |
| 3 year | +194.59% | +132.42% |
| 2 year | +28.3% | +98.56% |
| 1 year | -23.29% | +44.74% |
| 6 months | -22.27% | +12.29% |
| YTD | -9.83% | +8.59% |
| 3 months | +19.23% | -4.11% |
| 2 months | +11.86% | -7.7% |
| 1 month | +11.53% | +0.95% |
| 1 week | -2.49% | +2.29% |
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.