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: $1,417,046 per bitcoin
Bitcoin: $1,486,158,771,825
Gold: $28,497,757,431,585
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 | +13.58% | +116.02% |
| 4 year | +320.02% | +135.18% |
| 3 year | +97.89% | +107.89% |
| 2 year | -8.16% | +50.13% |
| 1 year | -30.22% | -1.71% |
| YTD | -15.56% | -6.62% |
| 6 months | -10.04% | -14.03% |
| 3 months | +15.62% | -7.84% |
| 2 months | -3.47% | -6.56% |
| 1 month | -10.88% | -3.56% |
| 1 week | -4.5% | +2.57% |
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.