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: $1,408,981 per bitcoin
Bitcoin: $1,569,625,845,550
Gold: $28,328,085,841,816
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 | +23.67% | +123.73% |
| 4 year | +286.29% | +142.7% |
| 3 year | +124.78% | +100.95% |
| 2 year | +13.47% | +46.19% |
| 1 year | -26.71% | +0.23% |
| YTD | -10.8% | -7.18% |
| 6 months | -0.63% | -13% |
| 3 months | +23.01% | -0.82% |
| 2 months | -3.93% | -10.38% |
| 1 month | -7.87% | -3.24% |
| 1 week | -3.38% | -1.21% |
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.