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Win your very own bitcoin

Want to be part of the big bitcoin rush? Enter our competition to win one – currently worth around $230 – and find out for yourself what the hype's about
Win your very own bitcoin

(Image: Andrew Degraff)

What would you do with a bitcoin? Spend it on ? A flight, a night at the theatre or a birch-rod cleansing at a Russian bathhouse? How about a splurge on coffee beans, hand-made rugs, pet treats and pizza? The list of is growing.

Or maybe you’ll just squirrel it away and watch how the rollercoaster unfolds. A bitcoin is worth about $230 at the time of writing. But its value is volatile, liable to spike or crash from one week to the next – and lately its price has been falling. Predictions for what one bitcoin will be worth in two or three years’ time range from tens of thousands of dollars to nothing at all. The stakes are still high for bitcoin’s pioneers.

鶹ý is giving away one bitcoin – what you do with it is up to you! For a chance to win, just answer the following question: Who invented bitcoin?

Use the entry form to send in your answer, making sure you include the words “Bitcoin competition”, your name, address and email address, by the closing date of 23.59 GMT on 20 February 2015.

The winner will be responsible for setting up their own bitcoin wallet and providing the information needed to receive their bitcoin.

Terms and conditions

1. This competition is open to anyone aged 18 or over, except for employees of Reed Business Information Limited.

2. Entry is open only to 鶹ý subscribers and users registered on newscientist.com. Submit your entry, including your name and email address, using the entry form. Entries may not be submitted by any other method.

3. Every correct entry received by 23:59 GMT on 20 February 2015 will be entered into a draw to win the prize featured on this page. Prizes cannot be exchanged. There is no cash alternative.

4. Only one entry is permitted per person. No purchase is necessary. The judges’ decision is final.

5. 鶹ý shall not be responsible for technical errors in telecommunication networks, internet access or otherwise, preventing entry at this website.

6. Submitting your entry constitutes your consent for us to use your entry, name and photos (if applicable) for editorial or publicity purposes.

7. 鶹ý reserves the right to ask for proof of age and evidence to verify the identity of an entrant at any time. Entrants may only enter the competition in their own name. Entries submitted through agents or third parties will not be accepted.

8. Entrants warrant that their entry will not infringe the intellectual property, privacy or any other rights of any third party, and will not contain anything which is libellous, defamatory, obscene, indecent, harassing or threatening.

9. Winners’ names will be available by writing to “Bitcoin competition”, 鶹ý, 110 High Holborn, London WC1V 6EU UK

10. 鶹ý reserves the right to change or withdraw the competition and/or prize at any time.

11. The promoter of the completion is Reed Business Information Limited .

Topics: bitcoin & cryptocurrency

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