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: $1,416,655 per bitcoin
Bitcoin: $1,603,171,365,340
Gold: $28,483,618,132,437
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 | +31.21% | +122.72% |
| 4 year | +287.23% | +140.39% |
| 3 year | +133.88% | +101.05% |
| 2 year | +14.16% | +46.67% |
| 1 year | -29.41% | +1.87% |
| YTD | -8.9% | -6.67% |
| 6 months | +4.44% | -12.13% |
| 3 months | +24.82% | +0.35% |
| 2 months | +2.46% | -9.62% |
| 1 month | -4.48% | -2.47% |
| 1 week | -5.17% | -2.23% |
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.