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: $1,547,614 per bitcoin
Bitcoin: $1,580,744,100,252
Gold: $31,078,179,525,985
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 | +67.5% | +145.72% |
| 4 year | +308.28% | +157.08% |
| 3 year | +200.54% | +129.68% |
| 2 year | +45.37% | +75.91% |
| 1 year | -29.17% | +22.25% |
| YTD | -10.06% | +1.83% |
| 6 months | +17.01% | -14.54% |
| 3 months | +24.45% | +1.78% |
| 2 months | +24.26% | +7.51% |
| 1 month | +21.34% | +1.55% |
| 1 week | +0.21% | -1.04% |
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.