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: $1,632,553 per bitcoin
Bitcoin: $1,584,345,273,330
Gold: $32,767,825,774,100
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 | +59.41% | +157.07% |
| 4 year | +266.08% | +170.26% |
| 3 year | +198.43% | +141.78% |
| 2 year | +23.24% | +84.15% |
| 1 year | -31.57% | +37.21% |
| YTD | -9.81% | +7.37% |
| 6 months | +22.23% | -11.14% |
| 3 months | +2.95% | +2.82% |
| 2 months | +25.99% | +13.46% |
| 1 month | +21.34% | +14.59% |
| 1 week | +25.61% | +6.58% |
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.