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: $1,489,913 per bitcoin
Bitcoin: $1,292,412,015,840
Gold: $29,897,548,047,177
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 | +57.76% | +134.68% |
| 4 year | +177.31% | +146.59% |
| 3 year | +121.74% | +117.77% |
| 2 year | +19.37% | +75.7% |
| 1 year | -43.57% | +25.19% |
| YTD | -26.41% | -2.04% |
| 6 months | +2.47% | -9.5% |
| 3 months | -20.41% | -7.72% |
| 2 months | +5.72% | -1.65% |
| 1 month | +1.35% | +1.46% |
| 1 week | +0.77% | +3.88% |
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.