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: $1,524,360 per bitcoin
Bitcoin: $1,299,282,394,815
Gold: $30,590,373,705,400
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 | +47.98% | +151.72% |
| 4 year | +171.78% | +152.6% |
| 3 year | +117.42% | +124.55% |
| 2 year | +4.67% | +78.51% |
| 1 year | -44.51% | +27.64% |
| YTD | -26.02% | +0.23% |
| 6 months | -8.22% | -13.65% |
| 3 months | -19.26% | -7.94% |
| 2 months | +2.64% | +0.77% |
| 1 month | +4.01% | +6.47% |
| 1 week | +3.14% | +7.1% |
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.