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: $1,438,917 per bitcoin
Bitcoin: $1,657,228,592,450
Gold: $28,921,936,406,007
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 | +31.83% | +128.93% |
| 4 year | +330.03% | +143.51% |
| 3 year | +175.57% | +106.41% |
| 2 year | +22.34% | +50.18% |
| 1 year | -24% | -0.32% |
| YTD | -5.79% | -5.24% |
| 6 months | +7.99% | -13.45% |
| 3 months | +23.97% | +0.39% |
| 2 months | +5.28% | -10.79% |
| 1 month | -4.79% | -6.32% |
| 1 week | +1.04% | -0.41% |
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.