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: $1,426,594 per bitcoin
Bitcoin: $1,633,364,560,576
Gold: $28,681,568,320,501
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 | +38.54% | +125.14% |
| 4 year | +300.64% | +140.91% |
| 3 year | +139.66% | +102.34% |
| 2 year | +19.58% | +48.01% |
| 1 year | -28.85% | +1.68% |
| YTD | -7.17% | -6.02% |
| 6 months | +5.02% | -13.42% |
| 3 months | +27.52% | -0.07% |
| 2 months | +1.21% | -11.52% |
| 1 month | -3.8% | -4.77% |
| 1 week | -2.05% | -1.36% |
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.