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: $1,408,145 per bitcoin
Bitcoin: $1,610,350,161,812
Gold: $28,306,876,893,095
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 | +26.7% | +121.09% |
| 4 year | +298.65% | +139.47% |
| 3 year | +132.39% | +102.02% |
| 2 year | +20.31% | +44.71% |
| 1 year | -28.23% | -2.63% |
| YTD | -8.47% | -7.25% |
| 6 months | +3.21% | -14.65% |
| 3 months | +24.55% | -1.16% |
| 2 months | +2.03% | -13.67% |
| 1 month | -4.72% | -6.54% |
| 1 week | -2.33% | -4.07% |
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.