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: $1,544,800 per bitcoin
Bitcoin: $1,573,672,720,165
Gold: $31,021,622,329,396
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 | +66.75% | +145.28% |
| 4 year | +306.46% | +156.61% |
| 3 year | +199.19% | +129.26% |
| 2 year | +44.72% | +75.59% |
| 1 year | -29.48% | +22.02% |
| YTD | -10.46% | +1.64% |
| 6 months | +16.49% | -14.7% |
| 3 months | +23.89% | +1.6% |
| 2 months | +23.7% | +7.31% |
| 1 month | +20.8% | +1.36% |
| 1 week | -0.24% | -1.22% |
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.