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: $1,361,937 per bitcoin
Bitcoin: $1,434,408,281,110
Gold: $27,387,822,448,514
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 | +9.73% | +106.17% |
| 4 year | +317.62% | +125.76% |
| 3 year | +92.15% | +99.79% |
| 2 year | -19.53% | +47.98% |
| 1 year | -30.72% | -6.18% |
| YTD | -18.5% | -10.26% |
| 6 months | -12.72% | -18.42% |
| 3 months | +12.27% | -10.92% |
| 2 months | -7.61% | -10.94% |
| 1 month | -14.77% | -7.41% |
| 1 week | -11.33% | -4.27% |
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.