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: $1,416,236 per bitcoin
Bitcoin: $1,187,812,356,543
Gold: $28,405,851,987,127
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 | +70.79% | +126.62% |
| 4 year | +178.53% | +115.21% |
| 3 year | +93.93% | +108.84% |
| 2 year | -1.89% | +72.22% |
| 1 year | -44.12% | +20.81% |
| 6 months | -32.43% | -10.49% |
| YTD | -32.33% | -6.93% |
| 3 months | -16.03% | -11.36% |
| 2 months | -23.53% | -14.35% |
| 1 month | -23.08% | -11.77% |
| 1 week | -8.07% | -5.59% |
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.