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: $1,601,816 per bitcoin
Bitcoin: $1,559,051,777,580
Gold: $32,103,278,714,172
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 | +92.37% | +142.7% |
| 4 year | +165.89% | +145.33% |
| 3 year | +187.12% | +129.81% |
| 2 year | +8.9% | +87.1% |
| 1 year | -27.15% | +38.15% |
| 6 months | -10.22% | +11.76% |
| YTD | -11.12% | +5.19% |
| 3 months | +14.45% | -10.65% |
| 2 months | +10.26% | +1.02% |
| 1 month | +2.53% | -5.44% |
| 1 week | -1.88% | -3.07% |
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.