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: $1,423,876 per bitcoin
Bitcoin: $1,262,338,130,340
Gold: $28,568,453,927,322
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 | +50.03% | +122.03% |
| 4 year | +166% | +135.22% |
| 3 year | +114.9% | +106.28% |
| 2 year | -4.99% | +67.68% |
| 1 year | -46.61% | +22.38% |
| YTD | -28.11% | -6.39% |
| 6 months | -25.23% | -17.35% |
| 3 months | -17.53% | -12.46% |
| 2 months | -14.69% | -10.24% |
| 1 month | +7.46% | +1.1% |
| 1 week | -3.28% | -0.1% |
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.