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: $1,505,828 per bitcoin
Bitcoin: $1,544,526,286,006
Gold: $30,243,960,876,289
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 | +63.15% | +137.14% |
| 4 year | +279.66% | +150.47% |
| 3 year | +189.85% | +124.1% |
| 2 year | +28.16% | +66.07% |
| 1 year | -33.35% | +17.56% |
| YTD | -12.13% | -0.9% |
| 6 months | +7.98% | -14.29% |
| 3 months | +17.03% | +0.02% |
| 2 months | +18.35% | +5.71% |
| 1 month | +22.1% | -1.88% |
| 1 week | -2.77% | -3.19% |
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.