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: $1,600,199 per bitcoin
Bitcoin: $1,537,795,224,022
Gold: $32,004,303,620,140
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 | +75.63% | +143% |
| 4 year | +152.08% | +143.26% |
| 3 year | +180.73% | +128.06% |
| 2 year | +14.67% | +87.22% |
| 1 year | -25.5% | +40.98% |
| 6 months | -16.46% | +13.01% |
| YTD | -12.15% | +4.86% |
| 3 months | +13.93% | -6.54% |
| 2 months | +4.01% | -8.88% |
| 1 month | -0.31% | -6% |
| 1 week | -6.4% | -3.45% |
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.