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: $1,556,132 per bitcoin
Bitcoin: $1,322,166,962,254
Gold: $31,212,502,867,886
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 | +74.92% | +131.27% |
| 4 year | +116.26% | +135.47% |
| 3 year | +141.93% | +125.49% |
| 2 year | -2.69% | +89.81% |
| 1 year | -37.75% | +30.47% |
| 6 months | -27.84% | +4.97% |
| YTD | -24.68% | +2.27% |
| 3 months | -4.28% | -16.81% |
| 2 months | -1.45% | -5.03% |
| 1 month | -16.19% | -3.96% |
| 1 week | -13.06% | -2.06% |
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.