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: $1,533,338 per bitcoin
Bitcoin: $1,732,975,147,102
Gold: $30,802,463,192,611
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 | +113.61% | +145.46% |
| 4 year | +365.33% | +155.69% |
| 3 year | +224.79% | +126.93% |
| 2 year | +36.06% | +66.3% |
| 1 year | -25.18% | +18.17% |
| YTD | -1.43% | +0.93% |
| 6 months | +25.51% | -2.98% |
| 3 months | +36.43% | +5.62% |
| 2 months | +29.71% | +6.92% |
| 1 month | +10.15% | -4.99% |
| 1 week | +10.35% | +1.59% |
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.