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: $1,411,803 per bitcoin
Bitcoin: $1,643,978,529,360
Gold: $28,377,573,388,832
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 | +34.02% | +123.25% |
| 4 year | +325.92% | +139.21% |
| 3 year | +172.46% | +103.34% |
| 2 year | +21.44% | +44.96% |
| 1 year | -24% | -1.91% |
| YTD | -6.55% | -7.02% |
| 6 months | +4.6% | -14.78% |
| 3 months | +23.77% | -2.62% |
| 2 months | +6.11% | -12.36% |
| 1 month | -5.1% | -7.94% |
| 1 week | -0.45% | -3.25% |
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.