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: $1,453,362 per bitcoin
Bitcoin: $1,251,228,356,772
Gold: $29,134,025,893,218
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 | +92.01% | +132.96% |
| 4 year | +212.36% | +121.8% |
| 3 year | +108.51% | +114.97% |
| 2 year | -2.83% | +77.4% |
| 1 year | -38.11% | +21.6% |
| 6 months | -29.46% | -7.52% |
| YTD | -28.68% | -4.54% |
| 3 months | -8% | -7.79% |
| 2 months | -20.18% | -12.51% |
| 1 month | -17.31% | -8.24% |
| 1 week | -5.86% | -4.1% |
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.