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: $1,372,848 per bitcoin
Bitcoin: $1,384,480,800,350
Gold: $27,628,190,534,020
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 | +6.77% | +107.76% |
| 4 year | +309.57% | +125.12% |
| 3 year | +85.6% | +101.55% |
| 2 year | -21.73% | +50.25% |
| 1 year | -32.24% | -6.4% |
| YTD | -21.4% | -9.47% |
| 6 months | -14.52% | -17.03% |
| 3 months | +8.5% | -10.94% |
| 2 months | -10.96% | -10.14% |
| 1 month | -15.89% | -6.17% |
| 1 week | -9.49% | -3.93% |
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 reports.