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: $1,359,791 per bitcoin
Bitcoin: $1,396,739,975,644
Gold: $27,352,474,200,645
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 | +7.77% | +105.69% |
| 4 year | +313.39% | +122.87% |
| 3 year | +87.33% | +99.54% |
| 2 year | -20.99% | +48.75% |
| 1 year | -31.6% | -7.33% |
| YTD | -20.66% | -10.38% |
| 6 months | -13.72% | -17.86% |
| 3 months | +9.51% | -11.83% |
| 2 months | -10.13% | -11.04% |
| 1 month | -15.11% | -7.11% |
| 1 week | -8.64% | -4.89% |
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.