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: $1,652,779 per bitcoin
Bitcoin: $1,591,921,871,309
Gold: $33,085,960,004,916
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 | +59.03% | +159.28% |
| 4 year | +173.03% | +155.18% |
| 3 year | +196.87% | +132.03% |
| 2 year | +29.29% | +98.22% |
| 1 year | -22.7% | +44.49% |
| 6 months | -21.67% | +12.1% |
| YTD | -9.14% | +8.41% |
| 3 months | +20.15% | -4.27% |
| 2 months | +12.73% | -7.86% |
| 1 month | +12.39% | +0.78% |
| 1 week | -1.73% | +2.12% |
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.