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: $1,456,921 per bitcoin
Bitcoin: $1,697,335,240,650
Gold: $29,268,349,235,118
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 | +75.36% | +135.09% |
| 4 year | +337.45% | +145.41% |
| 3 year | +202.11% | +123.66% |
| 2 year | +38.8% | +55.7% |
| 1 year | -28.7% | +6.89% |
| YTD | -3.46% | -4.1% |
| 6 months | +24.09% | -12.75% |
| 3 months | +40.87% | +2.83% |
| 2 months | +34.6% | +2.48% |
| 1 month | +9.14% | -4.34% |
| 1 week | +0.13% | -2.82% |
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.