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: $1,529,568 per bitcoin
Bitcoin: $1,550,453,421,812
Gold: $30,717,627,397,727
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 | +72.32% | +142.74% |
| 4 year | +255.66% | +154.09% |
| 3 year | +198.85% | +126.54% |
| 2 year | +33.98% | +72.69% |
| 1 year | -32.26% | +19.01% |
| YTD | -11.79% | +0.65% |
| 6 months | +10.48% | -15.71% |
| 3 months | +25.55% | +7.44% |
| 2 months | +20.48% | +5.82% |
| 1 month | +20.79% | -0.66% |
| 1 week | -5% | -2.82% |
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.