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: $1,537,687 per bitcoin
Bitcoin: $1,612,753,581,384
Gold: $30,887,298,987,495
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 | +69.49% | +149.09% |
| 4 year | +310.27% | +156.85% |
| 3 year | +194.97% | +126.14% |
| 2 year | +27.51% | +68.82% |
| 1 year | -30.58% | +18.63% |
| YTD | -8.26% | +1.2% |
| 6 months | +14.91% | -5.96% |
| 3 months | +26.41% | +5.4% |
| 2 months | +24.13% | +9.47% |
| 1 month | +15.87% | -2.59% |
| 1 week | +3.92% | +0.46% |
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.