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What is a Bitcoin fork and what are some notable examples? Community
A Bitcoin fork occurs when there is a divergence in the blockchain, resulting in two separate paths: the original blockchain and a new version. This happens when developers or the community disagree...
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How does the interest rate affect the growth of an investment with compound interest? Community
The interest rate is a key factor influencing the growth of an investment with compound interest. It determines the percentage of the principal that will be added as interest in each compounding...
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How Bear Flag Pattern form? Community
A Bear Flag pattern is a technical analysis pattern that signals a continuation of a downtrend. It typically forms after a sharp decline in price, which creates the "flagpole." Following this drop,...
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How to get free NFTs? Community
Obtaining free NFTs (Non-Fungible Tokens) often involves engaging with various platforms and communities that distribute them as part of promotions, giveaways, or airdrops. One way is to participate...
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What is income tax? Community
Income tax is a direct tax imposed by governments on individuals and entities based on their earnings or income. The fundamental principle is that individuals and businesses should contribute a...
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What is the basic premise behind Elliott Wave theory? Community
The Elliott Wave Theory, developed by Ralph Nelson Elliott in the 1930s, is a technical analysis approach that seeks to understand and predict market trends. The theory is based on the premise that...