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: $1,402,104 per bitcoin
Bitcoin: $1,617,257,567,616
Gold: $28,186,692,850,342
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 | +31.51% | +120.89% |
| 4 year | +316.48% | +137.89% |
| 3 year | +137.69% | +102.18% |
| 2 year | +17.93% | +44.14% |
| 1 year | -27.52% | -3.02% |
| YTD | -8.08% | -7.64% |
| 6 months | +3.88% | -15.01% |
| 3 months | +25.52% | -1.56% |
| 2 months | +1.87% | -14.48% |
| 1 month | -4.66% | -6.41% |
| 1 week | -1.18% | -3.9% |
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.