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: $1,458,361 per bitcoin
Bitcoin: $1,271,929,172,166
Gold: $29,240,070,636,823
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 | +86.98% | +132.23% |
| 4 year | +214.24% | +128.13% |
| 3 year | +108.1% | +115.87% |
| 2 year | +11.81% | +72.98% |
| 1 year | -41.38% | +23.91% |
| YTD | -27.52% | -4.19% |
| 6 months | -32.46% | -6.8% |
| 3 months | -8.04% | -9.83% |
| 2 months | -21.61% | -9.75% |
| 1 month | +4.13% | -3.81% |
| 1 week | +6.42% | +2.12% |
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.