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: $1,463,336 per bitcoin
Bitcoin: $1,285,920,774,729
Gold: $29,331,976,081,281
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 | +79.26% | +134.27% |
| 4 year | +210.88% | +122.71% |
| 3 year | +126.45% | +114.53% |
| 2 year | -1.07% | +75.95% |
| 1 year | -37.89% | +22.75% |
| 6 months | -27.39% | -4.66% |
| YTD | -26.7% | -3.89% |
| 3 months | -9.07% | -7.7% |
| 2 months | -15.45% | -13.6% |
| 1 month | -17.18% | -8.49% |
| 1 week | -0.35% | -1.47% |
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.