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: $1,461,612 per bitcoin
Bitcoin: $1,636,499,947,398
Gold: $29,374,393,978,724
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 | +44.54% | +136.21% |
| 4 year | +325.15% | +146.59% |
| 3 year | +204.65% | +122.07% |
| 2 year | +28.87% | +56.5% |
| 1 year | -29.31% | +2.92% |
| YTD | -6.96% | -3.75% |
| 6 months | +15.08% | -10.53% |
| 3 months | +27.74% | +2.06% |
| 2 months | +28.42% | -5.31% |
| 1 month | +5.39% | -4.46% |
| 1 week | -5.06% | +0.46% |
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.