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: $1,419,377 per bitcoin
Bitcoin: $1,237,053,592,290
Gold: $28,462,409,183,716
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 | +81.8% | +123.79% |
| 4 year | +184.81% | +130.98% |
| 3 year | +103.5% | +109.03% |
| 2 year | +10.4% | +68.59% |
| 1 year | -43.04% | +20.9% |
| YTD | -29.51% | -6.74% |
| 6 months | -32.4% | -9.75% |
| 3 months | -14.29% | -15.67% |
| 2 months | -22.91% | -14.21% |
| 1 month | -2.47% | -6.78% |
| 1 week | +5.36% | +0.73% |
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.