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: $1,434,645 per bitcoin
Bitcoin: $1,303,329,090,024
Gold: $28,780,543,414,533
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 | +74.27% | +126.42% |
| 4 year | +205.95% | +138.49% |
| 3 year | +121.26% | +106.54% |
| 2 year | -4.35% | +70.62% |
| 1 year | -44.92% | +21.59% |
| YTD | -25.77% | -5.7% |
| 6 months | -26.43% | -19.35% |
| 3 months | -17.39% | -12.92% |
| 2 months | -14.32% | -9.69% |
| 1 month | +8.31% | +0.02% |
| 1 week | +0.45% | +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.