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: $1,431,140 per bitcoin
Bitcoin: $1,287,840,863,465
Gold: $28,716,916,568,369
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 | +67.28% | +124.92% |
| 4 year | +180.76% | +136.71% |
| 3 year | +119.98% | +109.92% |
| 2 year | +5.67% | +66.2% |
| 1 year | -43.8% | +21% |
| YTD | -26.67% | -5.91% |
| 6 months | -15.15% | -17.59% |
| 3 months | -18.31% | -11.81% |
| 2 months | +0.25% | -8.33% |
| 1 month | +2.63% | -2.36% |
| 1 week | +0.74% | +0.05% |
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.