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: $1,396,881 per bitcoin
Bitcoin: $1,568,943,952,544
Gold: $28,087,717,756,310
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 | +25.28% | +122.2% |
| 4 year | +275.13% | +136.63% |
| 3 year | +125.8% | +98.25% |
| 2 year | +7.21% | +43.22% |
| 1 year | -29.1% | +0.81% |
| YTD | -10.85% | -7.97% |
| 6 months | +2.97% | -12.78% |
| 3 months | +22.08% | -2.41% |
| 2 months | -0.25% | -10.86% |
| 1 month | -6.71% | -5.02% |
| 1 week | -4.06% | -1.29% |
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.