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: $1,583,470 per bitcoin
Bitcoin: $1,471,664,970,804
Gold: $31,728,587,286,766
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 | +90.07% | +136.33% |
| 4 year | +156.39% | +140.77% |
| 3 year | +173.56% | +131.1% |
| 2 year | +5.88% | +90.74% |
| 1 year | -32.66% | +35.63% |
| 6 months | -19.54% | +8.09% |
| YTD | -16.08% | +3.96% |
| 3 months | +11.48% | -14.69% |
| 2 months | +10.74% | -0.04% |
| 1 month | -5.06% | -4.23% |
| 1 week | -5.18% | -1.01% |
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.