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: $1,470,197 per bitcoin
Bitcoin: $1,296,654,253,808
Gold: $29,501,647,671,050
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 | +103.77% | +133.78% |
| 4 year | +212.16% | +124.96% |
| 3 year | +114.67% | +115.55% |
| 2 year | +0.85% | +79.48% |
| 1 year | -36.36% | +23.61% |
| 6 months | -27.05% | -4.02% |
| YTD | -26.17% | -3.34% |
| 3 months | -5.99% | -7.08% |
| 2 months | -15.37% | -11.72% |
| 1 month | -16.67% | -7.74% |
| 1 week | -1.67% | -2.43% |
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.