Bitcointalk Username: Aamir1
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=730643
Rank: Hero Member
Avatar: Available

No expertise can make you win anything in gambling, because gambling is totally luck based and you cannot use your mind or your expertise to win something in it. Though there are gambling games where you can use your mind, but still to win you need luck in that too. If a person thinks he is a gambling expert, he is totally wrong, because he is not an expert, he is probably a luck person to win some big amount in gambling.

It is totally unpredictable!
I still remember the time when people were saying that Bitcoin will reach $20k by 2020 and i said i disagree because there isn't a lot of time to that and Bitcoin needs more time to achieve that target, and today, it already reached $10k and it doesn't seem to be stopping so soon. It has been growing very high from the last few days and we have seen some insane jumps in the price these days. If it continued like this, i'm not sure where it will reach by the end of 2018.

A person who would receive a reasonable amount of Bitcoins by mistake has to be very lucky, because as someone mentioned earlier, such mistakes occur very rarely because people all the time copy paste their Bitcoin addresses from a place to another. So getting a mistake in an address when you copy paste it has very low chances. However, if someone types the address totally by himself, somewhere where he cannot paste it, then such mistakes can occur, but it is not really likely to happen, that is why there aren't a lot of cases like this. I myself never heard anyone saying they received some Bitcoin to their address anonymously which is atleast over $100.

Bitcointalk name: Aamir1
Bitcointalk account URL: https://bitcointalk.org/index.php?action=profile;u=730643
Rank: Hero Member
Current post count -(including this one): 3182
BTC Address: 16NvYH6CMy9zKKGgWWzTmtB5R3vx9Y3HEy

I will wear the signature and avatar if i get accepted.

Edit: Current post count: 3186

Start your Services offering works for graphic designing and animations. I'm sure you will get some money out of it if you really can show your skills to the community. And, you can also participate in translations where you translate Threads, Whitepapers etc and the devs or managers pay you for doing that. These two things can really help you start your career with Bitcoin. When i entered this world, i didn't have any skills like that, but if i had, i would have used them in a good way, and you should do that.
Best of luck.

If Bitcoin is not yet legalized in the country of that kid and father then they simply can transfer the funds to a wallet owned by the kid. They will probably have to pay the fees of the transaction but there will be no taxes if there are no regulations for Bitcoin in their country. And if Bitcoin is already legalized and used as a currency in that country then i'm afraid there is no way they can avoid paying taxes, and if they find a way to do it, it won't be legal and lead them to something worse.

I totally agree with this. Making a lot of predictions and one of them coming true is not a big thing. Even i can make hundreds of predictions about Bitcoin and for sure one of them will become true in future, but that doesn't mean i'm a person who knows the future or whose words can never be false. I don't say that i don't want Bitcoin to go that far, but i don't like people predicting such high numbers in such a short time. Just because Bitcoin reached $10k from $1k in a year, it doesn't mean that will happen again in the coming year too. If that was supposed to happen all the time, do the math and imagine what the price of Bitcoin would have been by now.

Blockchain never asked for ID verification to anyone as long as i know. I have been using blockchain's wallet from the time i started using Bitcoin and i never had to provide any personal information in order to use their services. You should be sure if you are at the correct site and it is not a phishing site which is trying to steal your money.
And, i have been keeping my Bitcoins to blockchain from a long time and never had any problems until now. Though i'm not sure about the buying thing of theirs but there must be no issues in storing your Bitcoins there as long as they are of too much value. Using a desktop wallet is way better though.

It will never stop because it is the nature of Bitcoin. There are always pumps and dumps happening and when the price goes very high, we all know that it won't always stay there. It rather drops back to some percent or goes even higher. We have seen Bitcoin decreasing the way it is increasing these days. So we cannot expect it to keep growing all the time, and we should always be ready for a drop that can occur anytime soon. If any of us have bought Bitcoin before some time then i think it is a very good time for selling some of them and taking the profits while we can, though we know it will always recover eventually but still.

It depends on both, your country and the legality of Bitcoin. Some countries do not allow the people to gamble and some of them do. Now if your country doesn't prohibit gambling then it is probably legal. But now it also depends if your country has any rules against Bitcoin too or not. If there is no such rule in your country which stops anyone from gambling but Bitcoin is banned in the country then i guess it would be illegal as you are using an illegal currency for gambling. If the authorities find out what you are doing, you might have to face problems. If Bitcoin is neither legal nor illegal in your country then you are free to do it ofcourse.

The price is already over $9,200 and there are still some days for November to finish. Now we have to see if it can stay over $9k by the end of November or it will drop below that before the end. And it will really be interesting to see the price of Bitcoin by the end of the year because before we were expecting to reach at least $8k by the end of the year but it had crossed $9k before that, and predictions of people are going to change slightly after this.

Edit: Oops! The price just dropped to $9,130 

Selling or buying accounts is considered a wrong act and if anything like this is seen by the moderators or Default Trust users both, seller and buyer are tagged with negative trust.
Technically, it is not prohibited to sell or buy accounts as it is not mentioned that way in forum rules, but it is not allowed because people buy high rank accounts and use them to harm others as those accounts are more trusted than smaller ones like Newbie or Jr. member. That is why actions are taken against buyers and sellers of bitcointalk accounts.

The only way i see to minimize the risk in gambling is to bet with the highest odds of winning, like 1.01x or anything over 90% chance of winning. Other than that, i don't think anything can make you bet safely in gambling, and even sometimes you lose multiple bets in a row when you are betting only with 1.01x, but it is the minimum risk you can take in gambling. Gambling is not something where you can play safe for a very long time. No matter how much you manage to win, if you keep playing again, you will eventually end up losing all you won along with your initial deposit. So if you want to be risk free, simply don't gamble as gambling is not for those who are afraid of losing their money.

Well, i only understood some parts of your text, but still i want to tell you, that maths is used for calculations, you are right about that, but the thread is not about that, but it says whether we can use math to win in gambling, or in roulette more specifically, and that is probably not possible. There is no techniques in gambling, but there are only strategies, and those strategies do apply mathematics but they don't always make you win. Those strategies are only used to gain what is lost, and even that is not accomplished most of the times. So it is not possible to win in gambling using math.

1st: The only thing that can stop people from doing all this is authorities made for only this purpose, just like the CDA (Crypto Detective Agency) of Russia. Every major country having a good enough bitcoin users base should implement such things in future to make the people safe from such scams popping out of nowhere and running away with the money they get out of the pockets of everyone.

2nd: Some countries are already planning to release their own versions of digital coins. Some of them have done it already i guess. So it can possibly happen that every popular business start to make their own digital money in future, but i don't think that is needed at all when there business is having no problems running with the same currencies, but we never know what the future holds.

I would suggest you to exit the trade and start again choosing another coin as altcoins not very often recover their price very soon and you will be wasting your time waiting for it to recover and reach again the place or even go higher where it previously was. Once i invested some of my Bitcoins in Ethereum and unfortunately the price dropped significantly after that. I thought it will recover and i will get some profit, and even if i don't get any profit, atleast i would get what i invested, but i just wasted all my time by waiting and it was stable at the same price for a very long time. Later on i sold them and moved on. I Suggest you do the same.

There are hundreds of ICOs popping up every month in cryptocurrency market and only a few of them get success, and only the lucky ones get the profits out of their investments in those ICOs. Investing on an ICO is just like gambling, where you bid the money but you are not aware of the outcome if it will be in your favor or not, and we all know we don't win very often in gambling, so that is also the case with ICOs.
Actually my cousin once was a part of an ICO which got successful and he got a lot of profit out of that. He did not actually buy the coin, but he got some from its Bounty Campaign and held them for some time and the coin went very high and then he sold them. I think it was XAURUM.

I think he said he has to pay a lot of things, and that is why after a month of hard work he got $200 in his hands which is remaining after he paid for everything, and if that is the case, $200 a month is a really good amount to be invest on any project. If i had that much savings every month, i would have been trading altcoins or bitcoins by now as i know that will earn me much more than what i have if i use it the way it should be. So OP can do the same. If he has $200, and if that are his savings after all his expenditures, then he should probably do his investment after deciding what is better for him.

Obviously. Governments won't be able to regulate it and that is the biggest reason why they don't want to legalize it, because if they legalize the use of Bitcoin, and if they are not able to regulate it the way they want, then they cannot know the usage of anyone which doesn't allow them to put taxes on them. Though circulation wouldn't be a problem, but earnings and the tax evasion are the major problems in my opinion.