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: $1,453,833 per bitcoin
Bitcoin: $1,280,881,309,968
Gold: $29,162,304,491,513
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 | +86.99% | +129.29% |
| 4 year | +210.49% | +132.13% |
| 3 year | +112.92% | +115.74% |
| 2 year | +9.66% | +72.23% |
| 1 year | -41.53% | +24.1% |
| YTD | -27.04% | -4.45% |
| 6 months | -31.83% | -7.94% |
| 3 months | -7.27% | -10.77% |
| 2 months | -21.58% | -11.9% |
| 1 month | +4.92% | -3.8% |
| 1 week | +6.15% | +2.94% |
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.