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: $1,569,464 per bitcoin
Bitcoin: $1,556,274,158,901
Gold: $31,509,428,149,981
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 | +58.4% | +144.76% |
| 4 year | +294.31% | +158.98% |
| 3 year | +196.9% | +131.89% |
| 2 year | +31.35% | +78% |
| 1 year | -31.11% | +30.06% |
| YTD | -11.43% | +3.24% |
| 6 months | +15.68% | -15.97% |
| 3 months | +5.41% | -0.29% |
| 2 months | +30.04% | +10.05% |
| 1 month | +21.35% | +11.01% |
| 1 week | -1.02% | -2.81% |
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.