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: $1,539,925 per bitcoin
Bitcoin: $1,269,779,129,142
Gold: $30,908,507,936,216
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 | +37.44% | +144.66% |
| 4 year | +164.55% | +154.93% |
| 3 year | +120.01% | +130.59% |
| 2 year | +7.44% | +74.39% |
| 1 year | -46.16% | +30.94% |
| YTD | -27.72% | +1.27% |
| 6 months | -8.19% | -12% |
| 3 months | -19.03% | -3.62% |
| 2 months | -3.56% | +1.46% |
| 1 month | -0.82% | +9.85% |
| 1 week | -2.46% | +1.37% |
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.