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: $1,411,558 per bitcoin
Bitcoin: $1,315,185,701,251
Gold: $28,313,946,542,669
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 | +112% | +121.15% |
| 4 year | +180.61% | +135.59% |
| 3 year | +119.15% | +102.58% |
| 2 year | -1.68% | +67.08% |
| 1 year | -44.39% | +19.52% |
| YTD | -25.08% | -7.23% |
| 6 months | -29.16% | -14.13% |
| 3 months | -11.22% | -15.33% |
| 2 months | -14.64% | -10.8% |
| 1 month | +3.23% | -3.38% |
| 1 week | +2.86% | -1.62% |
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.