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: $1,440,473 per bitcoin
Bitcoin: $1,297,156,543,386
Gold: $28,900,727,457,286
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 | +61.73% | +122.42% |
| 4 year | +171.12% | +137.95% |
| 3 year | +120.24% | +108.68% |
| 2 year | -3.17% | +71.62% |
| 1 year | -45.14% | +22.8% |
| YTD | -26.13% | -5.3% |
| 6 months | -23.55% | -24.85% |
| 3 months | -14.68% | -10.25% |
| 2 months | -11.9% | -9.52% |
| 1 month | +7.47% | +2.02% |
| 1 week | -2.16% | -0.82% |
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.