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: $1,466,856 per bitcoin
Bitcoin: $1,257,004,280,230
Gold: $29,409,742,226,592
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 | +77.13% | +133.31% |
| 4 year | +209.5% | +125.96% |
| 3 year | +103.72% | +115.99% |
| 2 year | +9.63% | +75.97% |
| 1 year | -41.97% | +24.74% |
| YTD | -28.36% | -3.64% |
| 6 months | -31.39% | -4.72% |
| 3 months | -6.85% | -10.25% |
| 2 months | -21.46% | -7.88% |
| 1 month | -1.73% | -6.22% |
| 1 week | +4.59% | +2.36% |
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.