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: $1,517,095 per bitcoin
Bitcoin: $1,254,095,889,732
Gold: $30,399,493,166,910
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 | +74.66% | +126.79% |
| 4 year | +99.5% | +131.93% |
| 3 year | +129.96% | +119.5% |
| 2 year | -11.55% | +80.98% |
| 1 year | -40.06% | +29.52% |
| 6 months | -29.87% | +2.11% |
| YTD | -28.49% | -0.39% |
| 3 months | -8.16% | -16.31% |
| 2 months | -9.12% | -6.99% |
| 1 month | -23.14% | -8.16% |
| 1 week | -15.14% | -4.49% |
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.