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: $1,378,173 per bitcoin
Bitcoin: $1,561,450,327,019
Gold: $27,705,956,679,330
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 | +22.81% | +118.21% |
| 4 year | +285.23% | +133.41% |
| 3 year | +122.4% | +97.33% |
| 2 year | +12.08% | +43.08% |
| 1 year | -29.8% | -1.58% |
| YTD | -11.25% | -9.22% |
| 6 months | -1.25% | -14.75% |
| 3 months | +22.38% | -3.47% |
| 2 months | +0.48% | -10.59% |
| 1 month | -8.09% | -5.38% |
| 1 week | -2.95% | -2.07% |
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.