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: $1,531,414 per bitcoin
Bitcoin: $1,223,198,004,224
Gold: $30,576,234,406,253
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 | +65.86% | +129.56% |
| 4 year | +105.09% | +132.9% |
| 3 year | +124.29% | +120.89% |
| 2 year | -13.22% | +85.7% |
| 1 year | -41.55% | +28.11% |
| 6 months | -33.51% | +2.76% |
| YTD | -30% | +0.19% |
| 3 months | -15.69% | -15.64% |
| 2 months | -8.97% | -6.69% |
| 1 month | -23.25% | -4.23% |
| 1 week | -16.69% | -3.24% |
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.