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: $1,415,470 per bitcoin
Bitcoin: $1,199,102,269,638
Gold: $28,370,503,739,258
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 | +73.13% | +125.45% |
| 4 year | +194.97% | +116.1% |
| 3 year | +98.87% | +110.32% |
| 2 year | -0.81% | +71.94% |
| 1 year | -44.26% | +22.35% |
| 6 months | -31.88% | -11.3% |
| YTD | -31.64% | -7.04% |
| 3 months | -9.79% | -10.54% |
| 2 months | -21.64% | -12.48% |
| 1 month | -18.65% | -10.22% |
| 1 week | -5.39% | -2.72% |
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.