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: $1,481,510 per bitcoin
Bitcoin: $1,254,429,409,760
Gold: $29,706,667,508,687
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 | +63.8% | +136.47% |
| 4 year | +205.57% | +125.07% |
| 3 year | +136.07% | +114.83% |
| 2 year | -5.87% | +81.04% |
| 1 year | -40.24% | +23.95% |
| 6 months | -27.31% | -3.05% |
| YTD | -28.52% | -2.66% |
| 3 months | -15.37% | -15.42% |
| 2 months | -18.89% | -12.75% |
| 1 month | -19.2% | -7.32% |
| 1 week | +1.74% | +3.91% |
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.