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: $1,442,109 per bitcoin
Bitcoin: $1,287,650,600,705
Gold: $28,921,936,406,007
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 | +87.19% | +126.77% |
| 4 year | +221.06% | +136.06% |
| 3 year | +109.68% | +111.86% |
| 2 year | +11.88% | +69.4% |
| 1 year | -45.39% | +22.23% |
| YTD | -26.64% | -5.24% |
| 6 months | -29.3% | -9.75% |
| 3 months | -12.11% | -13.42% |
| 2 months | -21.44% | -13.86% |
| 1 month | +1.03% | -2.53% |
| 1 week | +1.76% | -1.68% |
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.