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: $1,445,415 per bitcoin
Bitcoin: $1,285,794,411,174
Gold: $28,978,493,602,596
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 | +90.29% | +126.59% |
| 4 year | +207.46% | +136.25% |
| 3 year | +111.01% | +113.16% |
| 2 year | +11.14% | +72.88% |
| 1 year | -44.65% | +23.46% |
| YTD | -26.72% | -5.05% |
| 6 months | -29.09% | -8.91% |
| 3 months | -12.11% | -13.19% |
| 2 months | -21.93% | -12.58% |
| 1 month | +4.3% | +1.36% |
| 1 week | +2.55% | -1.47% |
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.