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: $1,522,723 per bitcoin
Bitcoin: $1,319,895,405,372
Gold: $30,512,607,560,089
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 | +63.13% | +132.79% |
| 4 year | +192.37% | +133.8% |
| 3 year | +157.66% | +120.54% |
| 2 year | -0.48% | +85% |
| 1 year | -37.6% | +24.96% |
| 6 months | -23.77% | +0.21% |
| YTD | -24.74% | -0.02% |
| 3 months | -9.37% | -12.84% |
| 2 months | -11.98% | -10.16% |
| 1 month | -16.69% | -4.89% |
| 1 week | +4.42% | +0.51% |
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.