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: $1,450,493 per bitcoin
Bitcoin: $1,679,081,956,480
Gold: $29,141,095,542,791
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 | +97.83% | +136.22% |
| 4 year | +337.2% | +145.94% |
| 3 year | +217.18% | +119.26% |
| 2 year | +27.03% | +55.02% |
| 1 year | -23.78% | +9.83% |
| YTD | -4.51% | -4.52% |
| 6 months | +26.02% | -8.2% |
| 3 months | +39.43% | +1.43% |
| 2 months | +31.18% | +1.53% |
| 1 month | +4.12% | -10.1% |
| 1 week | +2.97% | -5.7% |
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.