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: $1,465,958 per bitcoin
Bitcoin: $1,668,231,502,145
Gold: $29,459,229,773,608
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 | +44.19% | +136.49% |
| 4 year | +335.59% | +148.92% |
| 3 year | +209.27% | +122.24% |
| 2 year | +33.05% | +56.83% |
| 1 year | -25.11% | +4.12% |
| YTD | -5.15% | -3.47% |
| 6 months | +13.64% | -11.81% |
| 3 months | +29.93% | +1.73% |
| 2 months | +30.66% | -4.18% |
| 1 month | +7.53% | -4.21% |
| 1 week | -4.02% | +0.56% |
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.