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: $1,481,858 per bitcoin
Bitcoin: $1,281,393,773,355
Gold: $29,699,597,859,114
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 | +71.46% | +123.22% |
| 4 year | +125.33% | +125.01% |
| 3 year | +146.7% | +114.67% |
| 2 year | -5.04% | +81.47% |
| 1 year | -41.17% | +25.1% |
| 6 months | -30.88% | -1.57% |
| YTD | -26.95% | -2.69% |
| 3 months | -8.96% | -17.69% |
| 2 months | -12.48% | -11.09% |
| 1 month | -21.77% | -11.54% |
| 1 week | +0.22% | -5.3% |
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.