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: $1,449,761 per bitcoin
Bitcoin: $1,663,225,388,175
Gold: $29,141,095,542,791
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 | +28.25% | +132.88% |
| 4 year | +332.45% | +147.87% |
| 3 year | +188.16% | +108.71% |
| 2 year | +20.99% | +51.27% |
| 1 year | -23.82% | -2.81% |
| YTD | -5.46% | -4.52% |
| 6 months | +12.04% | -12.85% |
| 3 months | +27.93% | +3.28% |
| 2 months | +19.42% | -8.09% |
| 1 month | +1.86% | -5.76% |
| 1 week | +1.16% | -1.03% |
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.