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: $1,460,058 per bitcoin
Bitcoin: $1,261,219,270,662
Gold: $29,275,418,884,692
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 | +75.3% | +135.95% |
| 4 year | +230.24% | +122.04% |
| 3 year | +138.87% | +111.49% |
| 2 year | -3.39% | +77.73% |
| 1 year | -39.94% | +22.59% |
| 6 months | -26.39% | -4.63% |
| YTD | -28.13% | -4.08% |
| 3 months | -11.72% | -14% |
| 2 months | -16.94% | -13.33% |
| 1 month | -18.26% | -9.45% |
| 1 week | -1.02% | -1.33% |
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.