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: $1,531,113 per bitcoin
Bitcoin: $1,291,903,256,070
Gold: $30,731,766,696,874
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 | +42.99% | +142.85% |
| 4 year | +176.86% | +153.62% |
| 3 year | +147.16% | +130% |
| 2 year | +10.14% | +73.6% |
| 1 year | -44.64% | +30.38% |
| YTD | -26.46% | +0.69% |
| 6 months | -3.15% | -12.25% |
| 3 months | -16.36% | -4.94% |
| 2 months | +2.33% | +4.14% |
| 1 month | -0.66% | +8.46% |
| 1 week | +1.3% | -0.05% |
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.