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: $1,414,367 per bitcoin
Bitcoin: $1,278,006,515,539
Gold: $28,370,503,739,258
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 | +63.05% | +122.57% |
| 4 year | +178.13% | +134.68% |
| 3 year | +118.2% | +106.11% |
| 2 year | -6.38% | +68.05% |
| 1 year | -46.65% | +20.15% |
| YTD | -27.2% | -7.04% |
| 6 months | -28.58% | -22.36% |
| 3 months | -17.64% | -14.36% |
| 2 months | -14.31% | -9.47% |
| 1 month | +6.29% | -1.25% |
| 1 week | -2.28% | +0.17% |
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.