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: $1,556,258 per bitcoin
Bitcoin: $1,559,824,219,290
Gold: $31,247,851,115,754
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 | +57.45% | +144.74% |
| 4 year | +289.57% | +158.48% |
| 3 year | +200.49% | +128.31% |
| 2 year | +31.43% | +77.01% |
| 1 year | -30.13% | +25.25% |
| YTD | -11.24% | +2.39% |
| 6 months | +12.81% | -16.71% |
| 3 months | +16.56% | -0.56% |
| 2 months | +26.34% | +7.39% |
| 1 month | +22.4% | +8.87% |
| 1 week | -1.69% | -4.12% |
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.