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: $1,538,616 per bitcoin
Bitcoin: $1,262,933,063,306
Gold: $30,880,229,337,922
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 | +31.87% | +145.67% |
| 4 year | +157.55% | +153.36% |
| 3 year | +114.88% | +128.33% |
| 2 year | +3.84% | +77.06% |
| 1 year | -49.07% | +30.39% |
| YTD | -28.1% | +1.18% |
| 6 months | -8.59% | -12.83% |
| 3 months | -20.63% | -6.77% |
| 2 months | -2.25% | +3.73% |
| 1 month | +1.1% | +9.42% |
| 1 week | -2.08% | +3.21% |
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.