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: $1,411,444 per bitcoin
Bitcoin: $1,484,104,052,088
Gold: $28,384,643,038,406
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 | +9.91% | +117.14% |
| 4 year | +368.8% | +141.14% |
| 3 year | +100.71% | +105.06% |
| 2 year | -3.7% | +49.87% |
| 1 year | -29.52% | +0.45% |
| YTD | -15.68% | -7% |
| 6 months | -8.53% | -14.7% |
| 3 months | +13.79% | -6.91% |
| 2 months | -5.73% | -8.56% |
| 1 month | -10.62% | -3.99% |
| 1 week | -3.79% | +2.08% |
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.