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: $1,460,423 per bitcoin
Bitcoin: $1,639,475,980,800
Gold: $29,360,254,679,576
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 | +33.33% | +135.16% |
| 4 year | +323.15% | +146.91% |
| 3 year | +186.01% | +116.3% |
| 2 year | +20.55% | +55.37% |
| 1 year | -24.54% | -5.42% |
| YTD | -6.82% | -3.8% |
| 6 months | +8.52% | -13.01% |
| 3 months | +27.85% | +4.35% |
| 2 months | +29.77% | -4.51% |
| 1 month | +7.1% | -2.81% |
| 1 week | -1.23% | -0.69% |
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.