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: $1,414,306 per bitcoin
Bitcoin: $1,624,094,563,338
Gold: $28,434,130,585,421
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 | +37.76% | +123.2% |
| 4 year | +298.37% | +138.84% |
| 3 year | +138.3% | +100.6% |
| 2 year | +18.91% | +46.73% |
| 1 year | -29.25% | +0.8% |
| YTD | -7.7% | -6.83% |
| 6 months | +4.42% | -14.17% |
| 3 months | +26.79% | -0.94% |
| 2 months | +0.64% | -12.28% |
| 1 month | -4.34% | -5.59% |
| 1 week | -2.61% | -2.21% |
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.