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: $1,533,443 per bitcoin
Bitcoin: $1,288,931,683,940
Gold: $30,774,184,594,316
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 | +40.73% | +150.89% |
| 4 year | +168.19% | +153.82% |
| 3 year | +118.29% | +126.96% |
| 2 year | +5.48% | +78.99% |
| 1 year | -46.15% | +28.44% |
| YTD | -26.62% | +0.83% |
| 6 months | -6.62% | -13.18% |
| 3 months | -21.81% | -7.17% |
| 2 months | +4.45% | +7.64% |
| 1 month | +0.22% | +6.02% |
| 1 week | +1.2% | +7.75% |
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.