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: $1,419,530 per bitcoin
Bitcoin: $1,522,076,657,325
Gold: $28,540,175,329,027
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 | +23.61% | +120.12% |
| 4 year | +255.72% | +139.3% |
| 3 year | +115.92% | +103.17% |
| 2 year | +9.19% | +47.12% |
| 1 year | -27.12% | +1.92% |
| YTD | -13.5% | -6.49% |
| 6 months | -6.45% | -11.91% |
| 3 months | +17.18% | -5.12% |
| 2 months | -5.16% | -8.79% |
| 1 month | -11.73% | -2.39% |
| 1 week | -2.74% | +0.92% |
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.