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: $1,655,380 per bitcoin
Bitcoin: $1,595,260,199,930
Gold: $33,156,656,500,653
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 | +59.38% | +156.56% |
| 4 year | +171.73% | +157.69% |
| 3 year | +197.21% | +132.99% |
| 2 year | +26.67% | +100.43% |
| 1 year | -23.55% | +44.22% |
| 6 months | -20.14% | +12.52% |
| YTD | -9% | +8.64% |
| 3 months | +15.7% | -6.41% |
| 2 months | +12.23% | -6.18% |
| 1 month | +6.89% | -0.89% |
| 1 week | -2.18% | +0.17% |
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.