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: $1,522,985 per bitcoin
Bitcoin: $1,302,102,417,897
Gold: $30,562,095,107,105
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 | +45.33% | +143.69% |
| 4 year | +179.72% | +152.07% |
| 3 year | +122.38% | +123.3% |
| 2 year | +17.76% | +81.18% |
| 1 year | -44.76% | +27.94% |
| YTD | -25.86% | +0.14% |
| 6 months | -6.36% | -12.75% |
| 3 months | -18.91% | -7.88% |
| 2 months | +2.58% | +0.09% |
| 1 month | +2.42% | +5.72% |
| 1 week | +3.29% | +7.06% |
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.