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: $1,587,089 per bitcoin
Bitcoin: $1,528,565,827,138
Gold: $31,771,005,184,208
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 | +99.84% | +137.28% |
| 4 year | +158.11% | +142.26% |
| 3 year | +188.42% | +131.05% |
| 2 year | +10.24% | +91.64% |
| 1 year | -29.86% | +34.39% |
| 6 months | -12.54% | +9.13% |
| YTD | -12.75% | +4.1% |
| 3 months | +12.38% | -12.7% |
| 2 months | +7.08% | +0.07% |
| 1 month | -1.62% | -4.2% |
| 1 week | -0.77% | -1.73% |
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.