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: $1,531,252 per bitcoin
Bitcoin: $1,551,816,205,008
Gold: $30,752,975,645,595
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 | +67.26% | +143.83% |
| 4 year | +245.89% | +154.68% |
| 3 year | +198.72% | +127.39% |
| 2 year | +32.98% | +70.19% |
| 1 year | -33.48% | +19.54% |
| YTD | -11.71% | +0.76% |
| 6 months | +9.53% | -14.35% |
| 3 months | +21.61% | +3.57% |
| 2 months | +21.21% | +6.85% |
| 1 month | +21.86% | -0.87% |
| 1 week | -3.2% | -1.72% |
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.