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: $1,446,724 per bitcoin
Bitcoin: $1,666,194,001,800
Gold: $29,077,468,696,628
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 | +32.55% | +130.16% |
| 4 year | +332.38% | +144.82% |
| 3 year | +177.07% | +107.52% |
| 2 year | +23.01% | +50.99% |
| 1 year | -23.58% | +0.22% |
| YTD | -5.28% | -4.73% |
| 6 months | +8.58% | -12.99% |
| 3 months | +24.65% | +0.93% |
| 2 months | +5.85% | -10.31% |
| 1 month | -4.27% | -5.82% |
| 1 week | +1.59% | +0.12% |
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.