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: $1,369,870 per bitcoin
Bitcoin: $1,568,793,037,248
Gold: $27,536,285,089,562
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 | +27.69% | +116.75% |
| 4 year | +280.91% | +131.71% |
| 3 year | +120.11% | +96.12% |
| 2 year | +12.28% | +41.95% |
| 1 year | -29.06% | -2.5% |
| YTD | -10.83% | -9.78% |
| 6 months | -0.16% | -15.34% |
| 3 months | +24.33% | -3.59% |
| 2 months | +0.81% | -10% |
| 1 month | -8.01% | -6.86% |
| 1 week | -2.5% | -2.5% |
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.