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: $1,380,657 per bitcoin
Bitcoin: $1,559,495,655,250
Gold: $27,755,444,226,346
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 | +22.65% | +118.6% |
| 4 year | +284.76% | +133.83% |
| 3 year | +122.13% | +97.68% |
| 2 year | +11.94% | +43.34% |
| 1 year | -29.89% | -1.41% |
| YTD | -11.36% | -9.06% |
| 6 months | -1.37% | -14.6% |
| 3 months | +22.23% | -3.3% |
| 2 months | +0.36% | -10.43% |
| 1 month | -8.2% | -5.21% |
| 1 week | -3.07% | -1.9% |
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.