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: $1,562,491 per bitcoin
Bitcoin: $1,507,248,141,184
Gold: $31,297,338,662,770
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 | +90.96% | +133% |
| 4 year | +156.42% | +137.76% |
| 3 year | +181.65% | +126.1% |
| 2 year | +9.84% | +89.43% |
| 1 year | -31.2% | +32.15% |
| 6 months | -16.83% | +6.65% |
| YTD | -14.02% | +2.55% |
| 3 months | +11.53% | -14.27% |
| 2 months | +9.39% | +0.59% |
| 1 month | -4.32% | -5.3% |
| 1 week | -2.03% | -1.4% |
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.