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: $1,511,794 per bitcoin
Bitcoin: $1,217,266,033,704
Gold: $30,279,309,124,157
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 | +70.98% | +126.73% |
| 4 year | +103.15% | +129.65% |
| 3 year | +135.64% | +118.19% |
| 2 year | -14.62% | +81.87% |
| 1 year | -40.21% | +27.39% |
| 6 months | -31.95% | +1.76% |
| YTD | -30.56% | -0.79% |
| 3 months | -14.25% | -15.51% |
| 2 months | -11.9% | -6.63% |
| 1 month | -24.9% | -6.55% |
| 1 week | -17.18% | -5.2% |
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.