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: $1,521,631 per bitcoin
Bitcoin: $1,520,220,604,077
Gold: $30,562,095,107,105
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 | +57.08% | +140.97% |
| 4 year | +284.17% | +154.14% |
| 3 year | +184.18% | +124.69% |
| 2 year | +27.82% | +67.62% |
| 1 year | -34.41% | +17.76% |
| YTD | -13.52% | +0.14% |
| 6 months | +4.14% | -12.7% |
| 3 months | +14.16% | +0.61% |
| 2 months | +16.94% | +6.74% |
| 1 month | +20.08% | -0.78% |
| 1 week | -3.52% | -0.62% |
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.