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: $1,547,503 per bitcoin
Bitcoin: $1,285,364,815,089
Gold: $31,056,970,577,264
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 | +40.29% | +150.89% |
| 4 year | +167.44% | +156.15% |
| 3 year | +117.88% | +129.4% |
| 2 year | +8.92% | +80.78% |
| 1 year | -46.08% | +31.17% |
| YTD | -26.82% | +1.76% |
| 6 months | -4.32% | -12.77% |
| 3 months | -21.63% | -7.5% |
| 2 months | +0.78% | +4.67% |
| 1 month | +0.24% | +7.25% |
| 1 week | -0.02% | +8.26% |
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.