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: $1,451,172 per bitcoin
Bitcoin: $1,245,609,305,185
Gold: $29,063,329,397,481
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 | +65.62% | +117.17% |
| 4 year | +106.62% | +121.62% |
| 3 year | +134.97% | +109.96% |
| 2 year | -10.71% | +78.43% |
| 1 year | -43.59% | +23.19% |
| 6 months | -32.92% | -2.49% |
| YTD | -28.94% | -4.77% |
| 3 months | -9.15% | -19.5% |
| 2 months | -13.34% | -13.2% |
| 1 month | -22.91% | -12.66% |
| 1 week | -6.68% | -7.51% |
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.