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: $1,412,850 per bitcoin
Bitcoin: $1,484,063,831,376
Gold: $28,412,921,636,700
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 | +9.91% | +117.36% |
| 4 year | +368.78% | +141.38% |
| 3 year | +100.71% | +105.26% |
| 2 year | -3.7% | +50.02% |
| 1 year | -29.52% | +0.55% |
| YTD | -15.68% | -6.9% |
| 6 months | -8.53% | -14.62% |
| 3 months | +13.78% | -6.82% |
| 2 months | -5.73% | -8.47% |
| 1 month | -10.62% | -3.9% |
| 1 week | -3.8% | +2.19% |
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.