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: $1,445,608 per bitcoin
Bitcoin: $1,283,201,302,102
Gold: $28,992,632,901,744
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 | +88.34% | +126.07% |
| 4 year | +196.36% | +136.37% |
| 3 year | +112.08% | +113.26% |
| 2 year | +10.34% | +73.48% |
| 1 year | -42.53% | +23.71% |
| YTD | -26.89% | -5% |
| 6 months | -29.3% | -8.72% |
| 3 months | -10.85% | -13.41% |
| 2 months | -20.69% | -12.87% |
| 1 month | +3.77% | -2.4% |
| 1 week | +4.06% | -0.36% |
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.