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: $1,361,863 per bitcoin
Bitcoin: $1,553,219,867,710
Gold: $27,380,752,798,940
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 | +24.93% | +116.97% |
| 4 year | +274.6% | +132.61% |
| 3 year | +123.94% | +94.23% |
| 2 year | +6.79% | +39.07% |
| 1 year | -28.63% | -4.11% |
| YTD | -11.73% | -10.28% |
| 6 months | +1.27% | -16.1% |
| 3 months | +19.36% | -5.4% |
| 2 months | -0.52% | -12.83% |
| 1 month | -7.56% | -6.81% |
| 1 week | -4.74% | -2.93% |
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.