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: $1,423,807 per bitcoin
Bitcoin: $1,527,881,490,450
Gold: $28,632,080,773,485
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 | +20.31% | +121.55% |
| 4 year | +268.88% | +141.22% |
| 3 year | +114.41% | +105.79% |
| 2 year | -0.01% | +49.56% |
| 1 year | -26.52% | +1.73% |
| YTD | -13.19% | -6.18% |
| 6 months | -5.05% | -13.7% |
| 3 months | +17.12% | -6.44% |
| 2 months | -3.94% | -8.35% |
| 1 month | -8.77% | -1.44% |
| 1 week | -1.93% | +4.57% |
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.