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: $1,436,846 per bitcoin
Bitcoin: $1,329,529,190,586
Gold: $28,822,961,311,975
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 | +121.14% | +125.12% |
| 4 year | +184.3% | +139.68% |
| 3 year | +122.51% | +106.85% |
| 2 year | -1.38% | +70.02% |
| 1 year | -43.48% | +21.88% |
| YTD | -24.27% | -5.56% |
| 6 months | -24.95% | -14.69% |
| 3 months | -12.65% | -15.1% |
| 2 months | -14.43% | -10.08% |
| 1 month | +3.17% | -1.52% |
| 1 week | +6.48% | +2.13% |
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.