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: $1,422,718 per bitcoin
Bitcoin: $1,279,864,522,650
Gold: $28,547,244,978,601
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 | +62.39% | +123.34% |
| 4 year | +176.69% | +134.49% |
| 3 year | +118.85% | +108.47% |
| 2 year | +3.87% | +65.42% |
| 1 year | -43.33% | +20.54% |
| YTD | -27.12% | -6.46% |
| 6 months | -19.02% | -15.1% |
| 3 months | -18.91% | -12.16% |
| 2 months | -4.3% | -9.16% |
| 1 month | +3.74% | -1.9% |
| 1 week | -2.36% | -1.05% |
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.