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: $1,435,476 per bitcoin
Bitcoin: $1,202,572,537,270
Gold: $28,773,473,764,959
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 | +87.82% | +127.63% |
| 4 year | +178.72% | +118.93% |
| 3 year | +97% | +111.54% |
| 2 year | -2.87% | +75.28% |
| 1 year | -44.05% | +21.93% |
| 6 months | -31.22% | -9.37% |
| YTD | -31.45% | -5.72% |
| 3 months | -15.87% | -9.37% |
| 2 months | -22.71% | -13.24% |
| 1 month | -22.36% | -10.35% |
| 1 week | -4.62% | -2.49% |
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.