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: $1,534,313 per bitcoin
Bitcoin: $1,266,227,441,397
Gold: $30,795,393,543,037
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 | +34.16% | +144.99% |
| 4 year | +160.92% | +153.7% |
| 3 year | +116.27% | +129.14% |
| 2 year | +9.48% | +77.22% |
| 1 year | -46.24% | +30.26% |
| YTD | -27.92% | +0.9% |
| 6 months | -8.19% | -12.74% |
| 3 months | -20.21% | -4.01% |
| 2 months | -4.85% | +1.37% |
| 1 month | -2.53% | +7.56% |
| 1 week | -2.82% | +0.62% |
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.