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: $1,405,413 per bitcoin
Bitcoin: $1,598,999,272,776
Gold: $28,257,389,346,079
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 | +31.23% | +122.55% |
| 4 year | +282.82% | +137.21% |
| 3 year | +132.71% | +101.26% |
| 2 year | +18.67% | +45.4% |
| 1 year | -30.53% | -1.31% |
| YTD | -9.13% | -7.41% |
| 6 months | +1.12% | -14.5% |
| 3 months | +21.73% | -2.06% |
| 2 months | +0.65% | -13.3% |
| 1 month | -5.79% | -6.59% |
| 1 week | -2.87% | -3.22% |
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.