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: $1,416,717 per bitcoin
Bitcoin: $1,578,452,100,785
Gold: $28,483,618,132,437
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 | +24.36% | +124.96% |
| 4 year | +288.47% | +144.03% |
| 3 year | +126.05% | +102.06% |
| 2 year | +14.11% | +46.99% |
| 1 year | -26.3% | +0.78% |
| YTD | -10.3% | -6.67% |
| 6 months | -0.07% | -12.53% |
| 3 months | +23.7% | -0.27% |
| 2 months | -3.39% | -9.89% |
| 1 month | -7.36% | -2.7% |
| 1 week | -2.84% | -0.67% |
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.