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: $1,409,833 per bitcoin
Bitcoin: $1,244,576,094,912
Gold: $28,271,528,645,226
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 | +86.59% | +121.31% |
| 4 year | +220.74% | +130.49% |
| 3 year | +104.11% | +104.87% |
| 2 year | +7.19% | +65.93% |
| 1 year | -47.14% | +19.27% |
| YTD | -29.09% | -7.37% |
| 6 months | -31.9% | -12.78% |
| 3 months | -12.28% | -13.89% |
| 2 months | -22.88% | -15.1% |
| 1 month | -2.32% | -4.79% |
| 1 week | -2.33% | -4.05% |
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.