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: $1,464,657 per bitcoin
Bitcoin: $1,680,708,590,402
Gold: $29,423,881,525,739
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 | +101.17% | +140.72% |
| 4 year | +327.65% | +147% |
| 3 year | +210.81% | +124.97% |
| 2 year | +27.41% | +56.41% |
| 1 year | -26.81% | +8.39% |
| YTD | -4.41% | -3.59% |
| 6 months | +26.82% | -6.37% |
| 3 months | +39.07% | +3.87% |
| 2 months | +30.89% | +2.24% |
| 1 month | +6.95% | -6.62% |
| 1 week | -2.93% | -4.54% |
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.