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: $1,501,995 per bitcoin
Bitcoin: $1,700,312,308,480
Gold: $30,180,334,030,125
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 | +95.26% | +143.94% |
| 4 year | +340.29% | +154.71% |
| 3 year | +222.93% | +124.33% |
| 2 year | +29.92% | +59.65% |
| 1 year | -22.87% | +13.66% |
| YTD | -3.31% | -1.11% |
| 6 months | +23.01% | -3% |
| 3 months | +41.08% | +4.89% |
| 2 months | +29.53% | +4.61% |
| 1 month | +7.09% | -7.4% |
| 1 week | +4.17% | -2.4% |
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.