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: $1,522,808 per bitcoin
Bitcoin: $1,315,377,641,984
Gold: $30,519,677,209,663
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 | +61.56% | +130.73% |
| 4 year | +195.05% | +136.68% |
| 3 year | +161.41% | +122.18% |
| 2 year | -0.57% | +84.72% |
| 1 year | -37.78% | +24.55% |
| 6 months | -25.61% | +0.42% |
| YTD | -25.01% | 0% |
| 3 months | -7.84% | -13.5% |
| 2 months | -11.52% | -10.32% |
| 1 month | -19.02% | -7.2% |
| 1 week | +3.76% | -0.05% |
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.