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: $1,411,278 per bitcoin
Bitcoin: $1,287,338,231,022
Gold: $28,306,876,893,095
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 | +104.41% | +121.22% |
| 4 year | +202.85% | +132.12% |
| 3 year | +112.26% | +104.7% |
| 2 year | -1.5% | +62.17% |
| 1 year | -45.95% | +19.77% |
| YTD | -26.67% | -7.25% |
| 6 months | -32.8% | -12.79% |
| 3 months | -14.59% | -16.13% |
| 2 months | -17.86% | -11.73% |
| 1 month | -2.16% | -7.08% |
| 1 week | +1.52% | -2.53% |
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.