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: $1,437,964 per bitcoin
Bitcoin: $1,569,167,518,050
Gold: $28,936,075,705,154
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 | +26.59% | +126.26% |
| 4 year | +268.7% | +142.76% |
| 3 year | +122.49% | +105.27% |
| 2 year | +15.03% | +49.49% |
| 1 year | -23.28% | +4.36% |
| YTD | -10.9% | -5.19% |
| 6 months | -2.31% | -9.37% |
| 3 months | +21.72% | +0.86% |
| 2 months | -2.12% | -7.54% |
| 1 month | -9.84% | -1.23% |
| 1 week | -4.05% | +1.19% |
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.