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: $1,421,022 per bitcoin
Bitcoin: $1,254,443,601,476
Gold: $28,511,896,730,732
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 | +49.74% | +122.94% |
| 4 year | +167.42% | +134.61% |
| 3 year | +113.87% | +105.45% |
| 2 year | -3.34% | +64.88% |
| 1 year | -45.96% | +22.47% |
| YTD | -28.56% | -6.58% |
| 6 months | -20.58% | -16.01% |
| 3 months | -18.04% | -12.63% |
| 2 months | -15.04% | -10.72% |
| 1 month | +6.78% | +0.9% |
| 1 week | -2.45% | -0.42% |
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.