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: $1,601,204 per bitcoin
Bitcoin: $1,462,586,489,530
Gold: $32,096,209,064,598
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 | +104.33% | +138.57% |
| 4 year | +150.84% | +143.43% |
| 3 year | +159.57% | +134.26% |
| 2 year | +6.81% | +92.37% |
| 1 year | -32.34% | +39.09% |
| 6 months | -19.77% | +7.76% |
| YTD | -16.63% | +5.17% |
| 3 months | +8.89% | -14.4% |
| 2 months | +10.02% | +1.2% |
| 1 month | -4.43% | -0.98% |
| 1 week | -5.91% | +0.38% |
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.