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: $1,412,121 per bitcoin
Bitcoin: $1,198,393,057,974
Gold: $28,278,598,294,800
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 | +77.57% | +124.97% |
| 4 year | +183.62% | +114.82% |
| 3 year | +95.38% | +108.22% |
| 2 year | -5.34% | +72.34% |
| 1 year | -43.28% | +19.26% |
| 6 months | -31.53% | -11.33% |
| YTD | -31.62% | -7.34% |
| 3 months | -15.59% | -9.73% |
| 2 months | -23.53% | -14.68% |
| 1 month | -21.95% | -11.27% |
| 1 week | -8.77% | -7.17% |
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.