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: $1,360,739 per bitcoin
Bitcoin: $1,370,885,807,284
Gold: $27,366,613,499,793
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 | +5.79% | +105.79% |
| 4 year | +305.81% | +122.98% |
| 3 year | +83.89% | +99.64% |
| 2 year | -22.44% | +48.83% |
| 1 year | -32.86% | -7.28% |
| YTD | -22.12% | -10.33% |
| 6 months | -15.3% | -17.81% |
| 3 months | +7.5% | -11.78% |
| 2 months | -11.77% | -10.99% |
| 1 month | -16.66% | -7.06% |
| 1 week | -10.32% | -4.84% |
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.