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: $1,442,626 per bitcoin
Bitcoin: $1,285,993,354,652
Gold: $28,936,075,705,154
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 | +86.93% | +126.88% |
| 4 year | +220.6% | +136.18% |
| 3 year | +109.39% | +111.96% |
| 2 year | +11.72% | +69.48% |
| 1 year | -45.47% | +22.29% |
| YTD | -26.74% | -5.19% |
| 6 months | -29.4% | -9.71% |
| 3 months | -12.24% | -13.38% |
| 2 months | -21.55% | -13.81% |
| 1 month | +0.88% | -2.48% |
| 1 week | +1.62% | -1.63% |
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.