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: $1,521,248 per bitcoin
Bitcoin: $1,534,310,953,944
Gold: $30,555,025,457,531
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 | +59.55% | +145.71% |
| 4 year | +286.51% | +154.83% |
| 3 year | +187.64% | +124.64% |
| 2 year | +31.23% | +67.26% |
| 1 year | -34.58% | +16.94% |
| YTD | -12.72% | +0.12% |
| 6 months | +2.05% | -13.07% |
| 3 months | +16.45% | +0.3% |
| 2 months | +19.75% | +8.59% |
| 1 month | +21.56% | -0.62% |
| 1 week | -2.42% | -1.57% |
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.