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: $1,413,947 per bitcoin
Bitcoin: $1,604,460,611,215
Gold: $28,427,060,935,848
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 | +31.33% | +122.28% |
| 4 year | +287.57% | +139.92% |
| 3 year | +134.09% | +100.65% |
| 2 year | +14.26% | +46.38% |
| 1 year | -29.34% | +1.67% |
| YTD | -8.82% | -6.86% |
| 6 months | +4.53% | -12.3% |
| 3 months | +24.93% | +0.15% |
| 2 months | +2.55% | -9.8% |
| 1 month | -4.4% | -2.66% |
| 1 week | -5.09% | -2.43% |
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.