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: $1,466,504 per bitcoin
Bitcoin: $1,245,894,684,320
Gold: $29,409,742,226,592
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 | +82.99% | +132.79% |
| 4 year | +222.43% | +126.21% |
| 3 year | +103.22% | +117.23% |
| 2 year | +0.14% | +78.08% |
| 1 year | -42.91% | +24.29% |
| YTD | -29.02% | -3.64% |
| 6 months | -30.91% | -4.28% |
| 3 months | -7.12% | -10.52% |
| 2 months | -21.01% | -9.51% |
| 1 month | -6.79% | -6.41% |
| 1 week | +4.04% | +3.82% |
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.