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: $1,522,013 per bitcoin
Bitcoin: $1,272,003,968,340
Gold: $30,526,746,859,237
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 | +89.59% | +128.47% |
| 4 year | +102.85% | +132.65% |
| 3 year | +140.72% | +122.23% |
| 2 year | -8.52% | +87.98% |
| 1 year | -39.99% | +30.1% |
| 6 months | -29.66% | +3.01% |
| YTD | -27.54% | +0.02% |
| 3 months | -5.72% | -16.06% |
| 2 months | -11.89% | -9.55% |
| 1 month | -20.75% | -7.99% |
| 1 week | -13.82% | -4.41% |
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.