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: $1,524,177 per bitcoin
Bitcoin: $1,558,016,532,725
Gold: $30,611,582,654,121
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 | +71.86% | +141.49% |
| 4 year | +284.34% | +153.51% |
| 3 year | +195.83% | +126.82% |
| 2 year | +27.97% | +68.16% |
| 1 year | -33.11% | +18.92% |
| YTD | -11.36% | +0.3% |
| 6 months | +9.31% | -13.38% |
| 3 months | +20.5% | +2.83% |
| 2 months | +24.63% | +8.47% |
| 1 month | +22.3% | -0.14% |
| 1 week | -3.43% | -1.97% |
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.