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: $1,471,927 per bitcoin
Bitcoin: $1,679,378,992,401
Gold: $29,572,344,166,787
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 | +103.83% | +141.51% |
| 4 year | +329.9% | +148.1% |
| 3 year | +209.49% | +124.05% |
| 2 year | +26.78% | +57.08% |
| 1 year | -25.46% | +10.63% |
| YTD | -4.49% | -3.1% |
| 6 months | +26.04% | -6.75% |
| 3 months | +40.22% | +3.28% |
| 2 months | +30.85% | +4.18% |
| 1 month | +7.41% | -6.17% |
| 1 week | -3.47% | -4.21% |
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.