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: $1,403,901 per bitcoin
Bitcoin: $1,288,135,267,209
Gold: $28,151,344,602,473
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 | +102.48% | +117.6% |
| 4 year | +208.93% | +130.71% |
| 3 year | +112.03% | +104% |
| 2 year | -0.92% | +64.34% |
| 1 year | -45.41% | +19.65% |
| YTD | -26.6% | -7.76% |
| 6 months | -32.79% | -13.45% |
| 3 months | -14.16% | -17.11% |
| 2 months | -18.75% | -12.25% |
| 1 month | -3.11% | -7.33% |
| 1 week | +3.2% | -2.02% |
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.