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: $1,454,796 per bitcoin
Bitcoin: $1,321,025,074,983
Gold: $29,183,513,440,234
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 | +103.36% | +128.19% |
| 4 year | +184.4% | +141.54% |
| 3 year | +120.14% | +110.4% |
| 2 year | -3.28% | +71.29% |
| 1 year | -43.95% | +21.66% |
| YTD | -24.76% | -4.38% |
| 6 months | -26.3% | -13.84% |
| 3 months | -13.75% | -12.67% |
| 2 months | -15.08% | -8.73% |
| 1 month | +4.15% | +0.07% |
| 1 week | +1.35% | +2% |
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.