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: $1,579,220 per bitcoin
Bitcoin: $1,343,720,651,280
Gold: $31,643,751,491,881
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 | +82.82% | +135.83% |
| 4 year | +124.78% | +140.26% |
| 3 year | +150% | +126.52% |
| 2 year | -0.95% | +92.19% |
| 1 year | -36.56% | +35.06% |
| 6 months | -22.28% | +5.89% |
| YTD | -23.38% | +3.68% |
| 3 months | +2.05% | -16.51% |
| 2 months | -1.51% | -5.67% |
| 1 month | -14.21% | -2.72% |
| 1 week | -13.22% | -1.41% |
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.