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: $1,570,914 per bitcoin
Bitcoin: $1,438,947,196,938
Gold: $31,530,637,098,702
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 | +53.37% | +150.7% |
| 4 year | +242.28% | +159% |
| 3 year | +174.64% | +135.98% |
| 2 year | +20.34% | +77.9% |
| 1 year | -36.43% | +34.3% |
| YTD | -18.09% | +3.31% |
| 6 months | +7.13% | -10.41% |
| 3 months | -6.66% | -0.67% |
| 2 months | +12.88% | +7.6% |
| 1 month | +10.84% | +11.75% |
| 1 week | +13.06% | +1.64% |
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.