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: $1,424,510 per bitcoin
Bitcoin: $1,272,051,866,023
Gold: $28,582,593,226,469
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 | +58.83% | +122.88% |
| 4 year | +171.71% | +134.79% |
| 3 year | +114.64% | +107.65% |
| 2 year | -3% | +65.36% |
| 1 year | -44.01% | +20.69% |
| YTD | -27.56% | -6.35% |
| 6 months | -17.6% | -14.6% |
| 3 months | -18.9% | -12.13% |
| 2 months | -11.16% | -9.39% |
| 1 month | +5.7% | +0.42% |
| 1 week | -1.43% | -0.2% |
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.