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: $1,736,386 per bitcoin
Bitcoin: $1,365,619,412,176
Gold: $34,744,496,464,094
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 | +40.41% | +174.11% |
| 3 year | +207.15% | +169.96% |
| 2 year | +31.78% | +151.11% |
| 1 year | -29.99% | +73.21% |
| 3 months | -27.75% | +23.17% |
| YTD | -22.02% | +15.75% |
| 1 month | -29.65% | +8.44% |
| 1 week | -1.51% | +0.85% |
Annual Supply Growth / Inflation
Bitcoin: 0.83%
Gold: 1.72%
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.