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: $1,443,322 per bitcoin
Bitcoin: $1,642,385,176,284
Gold: $29,006,772,200,891
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 | +42.16% | +128.83% |
| 4 year | +321.62% | +144.96% |
| 3 year | +204.47% | +112.59% |
| 2 year | +30.07% | +54.6% |
| 1 year | -29.07% | -0.63% |
| YTD | -6.62% | -4.96% |
| 6 months | +9.67% | -13.29% |
| 3 months | +31.3% | +2.78% |
| 2 months | +28.84% | -5.37% |
| 1 month | +6.38% | -5.26% |
| 1 week | -4.46% | -1.49% |
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.