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: $1,361,560 per bitcoin
Bitcoin: $1,565,669,957,028
Gold: $27,373,683,149,366
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 | +26.69% | +117.65% |
| 4 year | +279.99% | +131.44% |
| 3 year | +124.61% | +95.06% |
| 2 year | +10.83% | +41.06% |
| 1 year | -28.93% | -3.32% |
| YTD | -11.02% | -10.31% |
| 6 months | +2.08% | -16.12% |
| 3 months | +23.97% | -4.11% |
| 2 months | -0.86% | -12.83% |
| 1 month | -6.82% | -6.83% |
| 1 week | -3.63% | -2.96% |
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.