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: $1,608,231 per bitcoin
Bitcoin: $1,602,397,669,136
Gold: $32,287,089,603,088
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 | +62.61% | +151.35% |
| 4 year | +297.71% | +166.76% |
| 3 year | +206.02% | +138.61% |
| 2 year | +34.09% | +81.52% |
| 1 year | -28.23% | +34.64% |
| YTD | -8.8% | +5.79% |
| 6 months | +21.15% | -13.19% |
| 3 months | +7.35% | +3.02% |
| 2 months | +33.15% | +12.38% |
| 1 month | +25.28% | +12.49% |
| 1 week | +9.31% | +1.42% |
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.