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: $1,587,712 per bitcoin
Bitcoin: $1,510,735,130,073
Gold: $31,806,353,432,076
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 | +100.99% | +140.59% |
| 4 year | +148.47% | +141.49% |
| 3 year | +180.67% | +128.14% |
| 2 year | +9.01% | +88.8% |
| 1 year | -32.4% | +36.09% |
| 6 months | -10.95% | +11.36% |
| YTD | -13.83% | +4.22% |
| 3 months | +11.58% | -12.62% |
| 2 months | +11.15% | +0.67% |
| 1 month | -3.56% | -4.48% |
| 1 week | -4.62% | -0.86% |
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.