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: $1,334,307 per bitcoin
Bitcoin: $1,280,091,294,552
Gold: $26,829,320,132,192
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 | -1.54% | +102.29% |
| 4 year | +289.52% | +116.98% |
| 3 year | +74.19% | +95.12% |
| 2 year | -29.64% | +47.09% |
| 1 year | -36.16% | -8.95% |
| YTD | -27.26% | -12.09% |
| 6 months | -19.7% | -19% |
| 3 months | +0.37% | -12.48% |
| 2 months | -17.13% | -12.38% |
| 1 month | -23.4% | -8.64% |
| 1 week | -15.98% | -6.37% |
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.