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: $1,470,485 per bitcoin
Bitcoin: $1,667,501,046,560
Gold: $29,551,135,218,066
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 | +50.52% | +137.5% |
| 4 year | +326.66% | +146.9% |
| 3 year | +200.71% | +124.49% |
| 2 year | +36.93% | +60.21% |
| 1 year | -31.82% | +4.95% |
| YTD | -5.19% | -3.17% |
| 6 months | +15.61% | -11.74% |
| 3 months | +31.25% | +1.75% |
| 2 months | +27.94% | -3.08% |
| 1 month | +5.99% | -4.81% |
| 1 week | -1.81% | +0.92% |
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.