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: $1,465,627 per bitcoin
Bitcoin: $1,720,154,769,600
Gold: $29,452,160,124,034
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 | +65.67% | +136.44% |
| 4 year | +324.58% | +145.93% |
| 3 year | +212.01% | +128.27% |
| 2 year | +37.86% | +56.91% |
| 1 year | -30.69% | +6.55% |
| YTD | -2.19% | -3.5% |
| 6 months | +24.08% | -9.18% |
| 3 months | +34.71% | -0.05% |
| 2 months | +32.49% | -2.09% |
| 1 month | +7.24% | -5.87% |
| 1 week | +2.54% | +0.85% |
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.