So I was doing some maths on the amount of gold mined to date, and decided to share my findings.

As of february this year there is only 1btc for every 10kg (ish) of gold mined. Even if you consider the total amount of gold in the planet (mined and un mined), there is only ever going to exist 1btc for every 12kg (ish) of gold.

And yet, the price of gold (per kg) is about twice that of 1 btc.

So I guess there is still an easy 20x price increase possible for btc :)

Here is the google sheet with sources, if anyone wants to play with it. (note that I used "," as a decimal separator).