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: $1,540,623 per bitcoin
Bitcoin: $1,286,684,661,390
Gold: $30,922,647,235,364
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 | +43.95% | +145.32% |
| 4 year | +174.43% | +154.9% |
| 3 year | +141.9% | +132.04% |
| 2 year | +7.87% | +74.4% |
| 1 year | -45.46% | +31.19% |
| YTD | -26.75% | +1.32% |
| 6 months | -5.01% | -9.7% |
| 3 months | -17.2% | -3.53% |
| 2 months | -0.49% | +2.77% |
| 1 month | +0.28% | +9.24% |
| 1 week | +0.3% | 0% |
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.