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: $1,601,235 per bitcoin
Bitcoin: $1,583,792,368,888
Gold: $32,082,069,765,451
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 | +68.98% | +148.93% |
| 4 year | +152.4% | +146.5% |
| 3 year | +190.33% | +125.21% |
| 2 year | +19.37% | +89.8% |
| 1 year | -23.78% | +39.89% |
| 6 months | -17.23% | +11.06% |
| YTD | -9.68% | +5.12% |
| 3 months | +15.04% | -9.09% |
| 2 months | +8.76% | -8.36% |
| 1 month | +5.63% | -5.54% |
| 1 week | -1.42% | -3.45% |
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.