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: $1,655,196 per bitcoin
Bitcoin: $1,598,121,172,660
Gold: $33,149,586,851,079
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 | +59.68% | +156.51% |
| 4 year | +172.25% | +157.64% |
| 3 year | +197.77% | +132.94% |
| 2 year | +26.91% | +100.38% |
| 1 year | -23.41% | +44.19% |
| 6 months | -19.99% | +12.5% |
| YTD | -8.83% | +8.62% |
| 3 months | +15.92% | -6.43% |
| 2 months | +12.44% | -6.2% |
| 1 month | +7.09% | -0.91% |
| 1 week | -2% | +0.15% |
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 quarterly reports.