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: $1,538,373 per bitcoin
Bitcoin: $1,628,260,001,760
Gold: $30,901,438,286,643
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 | +71.12% | +149.2% |
| 4 year | +314.21% | +156.97% |
| 3 year | +197.81% | +126.24% |
| 2 year | +28.74% | +68.89% |
| 1 year | -29.91% | +18.68% |
| YTD | -7.38% | +1.25% |
| 6 months | +16.01% | -5.92% |
| 3 months | +27.63% | +5.45% |
| 2 months | +25.33% | +9.52% |
| 1 month | +16.98% | -2.54% |
| 1 week | +4.92% | +0.51% |
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.