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: $1,467,259 per bitcoin
Bitcoin: $1,254,795,861,504
Gold: $29,423,881,525,739
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 | +76.79% | +133.43% |
| 4 year | +208.89% | +126.07% |
| 3 year | +103.32% | +116.1% |
| 2 year | +9.41% | +76.06% |
| 1 year | -42.08% | +24.8% |
| YTD | -28.51% | -3.59% |
| 6 months | -31.52% | -4.67% |
| 3 months | -7.03% | -10.2% |
| 2 months | -21.61% | -7.84% |
| 1 month | -1.92% | -6.18% |
| 1 week | +4.39% | +2.41% |
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.