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: $1,435,816 per bitcoin
Bitcoin: $1,330,105,657,540
Gold: $28,801,752,363,254
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 | +121.24% | +124.96% |
| 4 year | +184.42% | +139.51% |
| 3 year | +122.61% | +106.7% |
| 2 year | -1.34% | +69.89% |
| 1 year | -43.45% | +21.79% |
| YTD | -24.24% | -5.63% |
| 6 months | -24.92% | -14.75% |
| 3 months | -12.61% | -15.16% |
| 2 months | -14.4% | -10.15% |
| 1 month | +3.22% | -1.59% |
| 1 week | +6.53% | +2.05% |
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.