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: $1,450,394 per bitcoin
Bitcoin: $1,257,048,692,768
Gold: $29,077,468,696,628
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 | +90.39% | +128.37% |
| 4 year | +186.86% | +136.52% |
| 3 year | +107.18% | +113.77% |
| 2 year | +10.65% | +74.13% |
| 1 year | -42.45% | +24.56% |
| YTD | -28.36% | -4.73% |
| 6 months | -31.08% | -8.07% |
| 3 months | -11.83% | -12.38% |
| 2 months | -21.81% | -12.49% |
| 1 month | -0.6% | -4.22% |
| 1 week | +4.54% | +2.16% |
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.