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: $1,544,799 per bitcoin
Bitcoin: $1,561,799,940,204
Gold: $31,028,691,978,969
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 | +64.64% | +149.23% |
| 4 year | +286.25% | +158.79% |
| 3 year | +193.2% | +128% |
| 2 year | +28.91% | +70.51% |
| 1 year | -33.23% | +19.53% |
| YTD | -11.16% | +1.67% |
| 6 months | +5.18% | -11.65% |
| 3 months | +20.7% | +3.13% |
| 2 months | +21.64% | +9.62% |
| 1 month | +20.57% | -0.3% |
| 1 week | +1.57% | +1.74% |
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.