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: $1,495,108 per bitcoin
Bitcoin: $1,230,193,553,848
Gold: $29,939,965,944,620
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 | +83.07% | +123.6% |
| 4 year | +103.22% | +126.83% |
| 3 year | +131.76% | +115.63% |
| 2 year | -11.37% | +84.61% |
| 1 year | -41.88% | +27.41% |
| 6 months | -32.21% | +0.83% |
| YTD | -29.81% | -1.9% |
| 3 months | -6.97% | -15.91% |
| 2 months | -13.62% | -9.78% |
| 1 month | -23.39% | -9.89% |
| 1 week | -13.91% | -5.09% |
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.