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: $1,507,673 per bitcoin
Bitcoin: $1,691,945,279,934
Gold: $30,286,378,773,731
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 | +93.24% | +142.31% |
| 4 year | +332.73% | +152.15% |
| 3 year | +216.97% | +122.31% |
| 2 year | +32.47% | +63.39% |
| 1 year | -25.26% | +13.97% |
| YTD | -3.76% | -0.76% |
| 6 months | +24.14% | -4.14% |
| 3 months | +31.69% | +2.66% |
| 2 months | +27.45% | +3.93% |
| 1 month | +9.27% | -6.46% |
| 1 week | +11.42% | +0.09% |
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.