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: $1,426,593 per bitcoin
Bitcoin: $1,294,855,683,448
Gold: $28,610,871,824,764
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 | +97.59% | +124.58% |
| 4 year | +219.23% | +133.53% |
| 3 year | +105.32% | +106.69% |
| 2 year | +9.15% | +67.72% |
| 1 year | -45.8% | +20.45% |
| YTD | -26.23% | -6.25% |
| 6 months | -32.22% | -11.85% |
| 3 months | -13.35% | -14.48% |
| 2 months | -18.56% | -13.62% |
| 1 month | +0.29% | -3.89% |
| 1 week | +0.77% | -2.51% |
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.