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: $1,464,286 per bitcoin
Bitcoin: $1,647,650,379,680
Gold: $29,430,951,175,313
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 | +42.69% | +131.66% |
| 4 year | +327% | +148.09% |
| 3 year | +205.16% | +115.48% |
| 2 year | +24.11% | +57.15% |
| 1 year | -27.55% | -0.31% |
| YTD | -6.33% | -3.57% |
| 6 months | +10.51% | -13.52% |
| 3 months | +26.16% | +2.87% |
| 2 months | +30.15% | -4.52% |
| 1 month | +4.86% | -2.94% |
| 1 week | -1.57% | +1.31% |
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.