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: $1,427,559 per bitcoin
Bitcoin: $1,297,746,398,000
Gold: $28,639,150,423,059
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 | +82.45% | +122.7% |
| 4 year | +203.27% | +136.21% |
| 3 year | +121.37% | +106.16% |
| 2 year | -1.61% | +71.36% |
| 1 year | -44.97% | +21.58% |
| YTD | -26.09% | -6.16% |
| 6 months | -25.26% | -19.59% |
| 3 months | -16.66% | -13.64% |
| 2 months | -16.29% | -10.77% |
| 1 month | +8.33% | +1.1% |
| 1 week | -0.16% | +1.07% |
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.