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: $1,527,907 per bitcoin
Bitcoin: $1,319,315,034,885
Gold: $30,632,791,602,842
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 | +71.72% | +139.39% |
| 4 year | +222.45% | +132.08% |
| 3 year | +149.95% | +121.41% |
| 2 year | -1.22% | +86.21% |
| 1 year | -38.47% | +27.29% |
| 6 months | -25.07% | +0.39% |
| YTD | -24.81% | +0.37% |
| 3 months | -12.09% | -12.85% |
| 2 months | -12.43% | -9.24% |
| 1 month | -15.78% | -4.48% |
| 1 week | +6.73% | +3.12% |
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.