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: $1,425,542 per bitcoin
Bitcoin: $1,300,887,735,891
Gold: $28,596,732,525,617
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 | +100.1% | +123.85% |
| 4 year | +185.73% | +136.14% |
| 3 year | +118.27% | +106.38% |
| 2 year | -4.08% | +68.82% |
| 1 year | -45.94% | +18.24% |
| YTD | -25.9% | -6.3% |
| 6 months | -27.5% | -18.28% |
| 3 months | -17.07% | -14.12% |
| 2 months | -14.09% | -9.93% |
| 1 month | +1.39% | -3.07% |
| 1 week | +0.2% | -0.12% |
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.