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: $1,559,528 per bitcoin
Bitcoin: $1,565,404,937,008
Gold: $31,311,477,961,917
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 | +65.45% | +144.43% |
| 4 year | +293.68% | +158.85% |
| 3 year | +185.63% | +127.95% |
| 2 year | +31.8% | +76.88% |
| 1 year | -28.33% | +28.53% |
| YTD | -10.91% | +2.59% |
| 6 months | +13.22% | -16.54% |
| 3 months | +5.72% | -1.62% |
| 2 months | +33.16% | +10.81% |
| 1 month | +20.47% | +8.18% |
| 1 week | +0.33% | -3.8% |
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.