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: $1,426,993 per bitcoin
Bitcoin: $1,525,867,580,259
Gold: $28,695,707,619,648
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 | +23.06% | +122.17% |
| 4 year | +262.95% | +141.18% |
| 3 year | +116.61% | +105.41% |
| 2 year | +0.34% | +52.08% |
| 1 year | -25.11% | +2.06% |
| YTD | -13.3% | -5.98% |
| 6 months | -6.81% | -13.31% |
| 3 months | +18.08% | -4.09% |
| 2 months | -5.54% | -8.11% |
| 1 month | -11.29% | -2.55% |
| 1 week | -1.74% | +4.72% |
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.