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: $1,612,125 per bitcoin
Bitcoin: $1,554,539,069,100
Gold: $32,357,786,098,825
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 | +57.43% | +156.99% |
| 4 year | +265.76% | +167.66% |
| 3 year | +196.06% | +141.91% |
| 2 year | +31.14% | +80.98% |
| 1 year | -32.21% | +36.75% |
| YTD | -11.51% | +6.02% |
| 6 months | +13.95% | -9.94% |
| 3 months | -0.01% | +0.95% |
| 2 months | +20.56% | +10.56% |
| 1 month | +18.79% | +14.25% |
| 1 week | +22.11% | +5.56% |
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.