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: $1,432,297 per bitcoin
Bitcoin: $1,195,074,132,966
Gold: $28,716,916,568,369
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 | +72.24% | +127.69% |
| 4 year | +187.24% | +117.92% |
| 3 year | +94.2% | +112.34% |
| 2 year | -3.18% | +74.04% |
| 1 year | -44.33% | +23.77% |
| 6 months | -32.12% | -10.35% |
| YTD | -31.89% | -5.91% |
| 3 months | -10.12% | -9.53% |
| 2 months | -22.95% | -13.32% |
| 1 month | -19.83% | -8.37% |
| 1 week | -7.21% | -1.88% |
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.