Post
Topic
Board Bitcoin Discussion
Re: How long would we have to wait to see a bitcoin address collision? a LONG time.
by
Hopalong
on 03/08/2015, 17:23:32 UTC
If you belive more in math than in randomnes you should play martingale. What is the odds of red popping up yet another time...

50%
 
  
Yeah, but there's already been a lot of reds.  Clearly you don't understand probability.  Eventually there has to be a black, and since there's been so many reds it's very unlikely it will continue to be red.  
  
So the chances are *way* less than 50%.  Black is a sure bet.

I have had the same colour coming up 13 times in a row. Start with $1 and double it 13 times and you know why so many say you should never try martingale. Black will come eventually but you can go broke while you wait.