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: $1,601,756 per bitcoin
Bitcoin: $1,583,285,162,413
Gold: $32,089,139,415,024
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 | +68.94% | +148.99% |
| 4 year | +152.34% | +146.55% |
| 3 year | +190.27% | +125.26% |
| 2 year | +19.35% | +89.84% |
| 1 year | -23.79% | +39.92% |
| 6 months | -17.25% | +11.09% |
| YTD | -9.7% | +5.14% |
| 3 months | +15.01% | -9.07% |
| 2 months | +8.74% | -8.34% |
| 1 month | +5.61% | -5.52% |
| 1 week | -1.44% | -3.43% |
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.