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: $1,592,891 per bitcoin
Bitcoin: $1,479,197,013,168
Gold: $31,919,467,825,256
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 | +106.69% | +137.51% |
| 4 year | +132.57% | +141.83% |
| 3 year | +166.36% | +130.59% |
| 2 year | +7.96% | +92.62% |
| 1 year | -29.03% | +37.07% |
| 6 months | -18.35% | +7.12% |
| YTD | -15.66% | +4.59% |
| 3 months | +7.19% | -14.92% |
| 2 months | +10.67% | +0.24% |
| 1 month | -3.24% | -2.19% |
| 1 week | -3.72% | +0.16% |
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.
