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: $1,619,521 per bitcoin
Bitcoin: $1,553,936,923,560
Gold: $32,506,248,739,873
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 | +57.2% | +158.9% |
| 4 year | +262% | +168.1% |
| 3 year | +197.39% | +142% |
| 2 year | +28.21% | +84.58% |
| 1 year | -33.74% | +35.96% |
| YTD | -11.54% | +6.51% |
| 6 months | +14.55% | -10.7% |
| 3 months | +2.57% | +2.38% |
| 2 months | +21.05% | +10.18% |
| 1 month | +17.16% | +11.55% |
| 1 week | +22.83% | +5.53% |
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.