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: $1,463,105 per bitcoin
Bitcoin: $1,640,877,648,384
Gold: $29,409,742,226,592
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 | +32.07% | +134.5% |
| 4 year | +328.02% | +148.06% |
| 3 year | +200.67% | +115.99% |
| 2 year | +21.91% | +56.39% |
| 1 year | -26.26% | -1.47% |
| YTD | -6.73% | -3.64% |
| 6 months | +9.09% | -13.41% |
| 3 months | +26.13% | +2.72% |
| 2 months | +29.51% | -4.52% |
| 1 month | +7.99% | -2.8% |
| 1 week | -0.06% | +0.56% |
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.