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: $1,441,006 per bitcoin
Bitcoin: $1,502,109,652,755
Gold: $28,978,493,602,596
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 | +10.47% | +123.26% |
| 4 year | +302.41% | +141.54% |
| 3 year | +108.67% | +110.1% |
| 2 year | -2.42% | +52.55% |
| 1 year | -26.98% | +2.96% |
| YTD | -14.65% | -5.05% |
| 6 months | -6.85% | -12.79% |
| 3 months | +15.06% | -5.31% |
| 2 months | -4.79% | -5.77% |
| 1 month | -8.56% | -0.92% |
| 1 week | -4.62% | +5.35% |
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.