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: $1,444,144 per bitcoin
Bitcoin: $1,613,294,698,330
Gold: $29,035,050,799,186
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 | +30.26% | +127.03% |
| 4 year | +279.39% | +143.59% |
| 3 year | +128.95% | +105.97% |
| 2 year | +18.36% | +50% |
| 1 year | -21.05% | +4.72% |
| YTD | -8.32% | -4.86% |
| 6 months | +0.52% | -9.06% |
| 3 months | +25.26% | +1.21% |
| 2 months | +0.72% | -7.23% |
| 1 month | -7.22% | -0.89% |
| 1 week | -1.27% | +1.53% |
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.