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: $1,488,535 per bitcoin
Bitcoin: $1,300,311,446,225
Gold: $29,869,269,448,883
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 | +63.02% | +133.17% |
| 4 year | +185.74% | +144.93% |
| 3 year | +122.78% | +117.56% |
| 2 year | +11.71% | +73.16% |
| 1 year | -43.72% | +25.19% |
| YTD | -25.96% | -2.13% |
| 6 months | -11.44% | -15.47% |
| 3 months | -18.82% | -6.44% |
| 2 months | +1.58% | -4.76% |
| 1 month | +2.71% | +1.54% |
| 1 week | +1.44% | +5.23% |
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.