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: $1,486,006 per bitcoin
Bitcoin: $1,281,250,380,087
Gold: $29,791,503,303,572
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 | +63.25% | +125.47% |
| 4 year | +183.72% | +127.17% |
| 3 year | +147.02% | +116.99% |
| 2 year | -4.18% | +83.14% |
| 1 year | -39.73% | +22.57% |
| 6 months | -29.19% | -2.3% |
| YTD | -26.98% | -2.39% |
| 3 months | -9.94% | -15.7% |
| 2 months | -14.23% | -10.95% |
| 1 month | -19.39% | -10.05% |
| 1 week | +5.01% | -1.73% |
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.