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: $1,410,960 per bitcoin
Bitcoin: $1,637,768,149,312
Gold: $28,363,434,089,684
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 | +33.5% | +123.14% |
| 4 year | +324.27% | +139.09% |
| 3 year | +171.4% | +103.24% |
| 2 year | +20.97% | +44.89% |
| 1 year | -24.3% | -1.96% |
| YTD | -6.91% | -7.07% |
| 6 months | +4.19% | -14.82% |
| 3 months | +23.29% | -2.67% |
| 2 months | +5.7% | -12.4% |
| 1 month | -5.47% | -7.98% |
| 1 week | -0.83% | -3.3% |
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.