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: $1,417,781 per bitcoin
Bitcoin: $1,497,105,700,125
Gold: $28,511,896,730,732
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 | +10.87% | +118.12% |
| 4 year | +372.91% | +142.22% |
| 3 year | +102.47% | +105.98% |
| 2 year | -2.85% | +50.54% |
| 1 year | -28.9% | +0.9% |
| YTD | -14.94% | -6.58% |
| 6 months | -7.73% | -14.32% |
| 3 months | +14.79% | -6.49% |
| 2 months | -4.9% | -8.15% |
| 1 month | -9.83% | -3.56% |
| 1 week | -2.95% | +2.54% |
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.