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: $1,413,614 per bitcoin
Bitcoin: $1,290,787,225,996
Gold: $28,356,364,440,111
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 | +101.6% | +120.63% |
| 4 year | +187.33% | +135.25% |
| 3 year | +115.59% | +102.88% |
| 2 year | +0.61% | +64.25% |
| 1 year | -45.46% | +19.87% |
| YTD | -26.48% | -7.09% |
| 6 months | -31.36% | -14% |
| 3 months | -15.03% | -16.05% |
| 2 months | -16.38% | -12.29% |
| 1 month | +2.3% | -3.91% |
| 1 week | +0.71% | -2.08% |
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.