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: $1,573,916 per bitcoin
Bitcoin: $1,534,756,606,803
Gold: $31,551,846,047,423
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 | +105.32% | +139.69% |
| 4 year | +151.99% | +143.61% |
| 3 year | +184.78% | +125.75% |
| 2 year | +15.56% | +84.27% |
| 1 year | -27.52% | +38.43% |
| 6 months | -16.2% | +9.55% |
| YTD | -12.52% | +3.38% |
| 3 months | +14.41% | -10.35% |
| 2 months | +9.57% | -3.94% |
| 1 month | +3.66% | -5.64% |
| 1 week | -4.87% | -5.24% |
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.