[1 BTC Bounty] Explain Bitcoin in one Sentence

[bitcoinblessed]

Winner to be announced today?

[Magnesium Coin]

Winner to be announced today?

I guess you don't need to create a new account in order to get an answer to this question!

And to answer your question it's "Probably YES!".

Give them some more time to make the final decision.

[klm bitcoin]

Bitcoin is future of digital currency and secure data storage technology. There's nothing the bankers could do about it.

[ajareselde]

Can someone please lock this thread until results are in ? A lot of spam here, and people still think competition is on. 

[matrix zion]

Bitcoin is future of digital currency and secure data storage technology.

Looks like you are late to the party,contest already ended few days back.Now everyone is waiting for announcement of winner.OP should lock the thread untill announcement of winner to avoid more people trying to enter the competition.

[Magnesium Coin]

Bitcoin is future of digital currency and secure data storage technology.

I have already reported this late entry to the moderator.

And I would request Stunna to lock the thread until the winner is finally announced.

[ndnh]

To all of you (abitguru, ndnhc, icaruz and others who +1d the idea),

Rules are Rules buddies!

You won't surely be promoted to class 8 if you fail in class 7's final examination!

That was just a suggestion in line with the Law of Diminishing Marginal Utility.

How can a Law of Diminishing Marginal Utility apply in this case?

Code:

The law of diminishing marginal utility is a law of economics stating that as a person increases consumption of a product, 
while keeping consumption of other products constant, 
there is a decline in the marginal utility that person derives from consuming each additional unit of that product.

Source > http://www.investopedia.com/terms/l/lawofdiminishingutility.asp

There are arguments to both sides on whether the law of marginal utility applies to money or not.

My point is, the  aggregate utility derived from say $1,000,000 divided among 1,000 people is more than that derived from $1,000,000 to a single person.


Note: I am posting this just to support my point against Magnesium Coin's. I am completely fine with the current rules though I did suggest otherwise.

But if you lose, you won't receive any fractional shares from the winner as you were suggesting OP.

I never said I would?? It was just a suggestion to OP so that they could always distribute prizes like that the next time.

[MICRO]

Winner is: StarLord
And runner up: dothebeats

Since we had very hard time deciding who will win this, and bitcoin price went up a lot since this giveaway was announced.
We decided to go with 2 winners.

First prize to StarLord 0.7 btc
Second prize to dothebeats 0.3 btc

Prizes are credited to your Primedice accounts, feel free to withdraw or play with it.
Good luck!

Stay tuned for future giveaways and competitions.
Follow us on twitter @Primedice
And on ours Facebook page: https://www.facebook.com/officialprimedice

[btc-facebook]

Winner is: StarLord
And runner up: dothebeats

....

Can you or somebody give the direct link for those winner's sentences ?
I'm curious  and Congrats for lucky two 

[EcuaMobi]

Can you or somebody give the direct link for those winner's sentences ?
I'm curious  and Congrats for lucky two 

Bitcoin is a peer-to-peer digital currency that trades on public exchanges and can be instantly transferred to vendors when purchasing goods or paying for services anywhere in the world with the speed of an email anonymously with much lower fees than the traditional banking system.

PD Username: StarLord

dothebeats

[bitcoinblessed]

Congrats to the winners! Fun competition guys, can't wait til the next one! Good luck with your winnings fellas.

[icaruz]

congrats to both them,0.7 btc is a lot of money, i can even buy 2 android for that amount,
wish i can 0.7 btc someday so far i got only 0.03 btc,

[Wendigo]

I just got home and decided to check the thread and what a surprise. Thank you for choosing my suggestion.

[Cs87kxy]

Winner is: StarLord
And runner up: dothebeats

Since we had very hard time deciding who will win this, and bitcoin price went up a lot since this giveaway was announced.
We decided to go with 2 winners.

First prize to StarLord 0.7 btc
Second prize to dothebeats 0.3 btc

Prizes are credited to your Primedice accounts, feel free to withdraw or play with it.
Good luck!

Stay tuned for future giveaways and competitions.
Follow us on twitter @Primedice
And on ours Facebook page: https://www.facebook.com/officialprimedice

really nice giveaways!
thank you primedice for the first time I ear about your site .

[notaek]

Winner is: StarLord
And runner up: dothebeats

Since we had very hard time deciding who will win this, and bitcoin price went up a lot since this giveaway was announced.
We decided to go with 2 winners.

First prize to StarLord 0.7 btc
Second prize to dothebeats 0.3 btc

Prizes are credited to your Primedice accounts, feel free to withdraw or play with it.
Good luck!

Stay tuned for future giveaways and competitions.
Follow us on twitter @Primedice
And on ours Facebook page: https://www.facebook.com/officialprimedice

Had a great fun reading all entries. Some of them are really pun intended. Although the winning announcement was a bit late, I was enjoying that long suspense, wondering who would be the luckiest chap amongst so many entries!

Anyways, congratulations to StarLord (Wendigo) and dothebeats for your winning entries.

[snailmen]

Bitcoin is a peer-to-peer digital currency that trades on public exchanges and can be instantly transferred to vendors when purchasing goods or paying for services anywhere in the world with the speed of an email anonymously with much lower fees than the traditional banking system.

PD Username: StarLord

How did this win??

Well, congratulations.

[zidane]

Bitcoin is a peer-to-peer digital currency that trades on public exchanges and can be instantly transferred to vendors when purchasing goods or paying for services anywhere in the world with the speed of an email anonymously with much lower fees than the traditional banking system.

PD Username: StarLord

How did this win??

Well, congratulations.

muahahaha, that happened

congratz to both

[dothebeats]

Wow! Never knew I won this promotion. Thanks primedice and to all the staff!

[jakelyson]

Congratulations to the winners. Maybe next time it will be mine.

[Magnesium Coin]

Bitcoin is a peer-to-peer digital currency that trades on public exchanges and can be instantly transferred to vendors when purchasing goods or paying for services anywhere in the world with the speed of an email anonymously with much lower fees than the traditional banking system.

PD Username: StarLord

I don't think this is the best entry of all!

There were so many other better entries than that if Stunna or MICRO had taken some more time, checking entries after 3^rd page.

I think due to their late evaluation, they skipped reviewing entries after 3 pages.

Anyways! phew! At least the contest is over!