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Swiss Luxury Hotel Accepts Bitcoin Showing Increase in Adoption, CEO Explains Motive



Guests at one of Switzerland’s top five-star hotels will be able to pay for services in bitcoin starting today.

The Dolder Grand announced April 2 – the day on which bitcoin price inflated by 23 percent – that it would begin accepting the cryptocurrency for room reservations, spa treatments, and even for a cup of coffee. Mark Jacob, the hotel’s managing director, told CNN Money that they were testing bitcoin for its widely-publicized potential in the payment industry, adding that they didn’t truly grasp the possibility of its success down the road.

“Whether exactly this [bitcoin payment] solution will be a permanent and sustainable solution, we don’t know,” stated Jacob. “When you are the first mover or part of the first ones that move, there is always a risk that the solution will not gain traction. But I think it would be a failure if you don’t give it a try.”

To Bitcoin or Not To Bitcoin

The comments followed cases in which retailers dropped bitcoin as a payment option after the service failed to gain traction. According to the blockchain firm Chainalysis, bitcoin’s use in commercial payments dropped as much as 80 percent in 2018. Some major companies, which earlier accepted bitcoins, discontinued that option citing price volatility and regulatory issues. Gaming company Steam, for instance, removed the cryptocurrency option after one year of adoption citing high transaction fees. Travel management portal Expedia and payment processor Stripe also followed cue.

But in Switzerland, businesses are still interested in foraying into bitcoin. Jacob thinks the positive sentiment comes from the opulent crypto-based surroundings, which ensures retailers get adequate regulatory and peer support when accepting bitcoins.

“It’s a fascination for the crypto valley in Zug and also the Zurich crypto community and the environment that is there and to support them also. I think Switzerland has always been a very innovative country. We, as a hotel, also benefit from that very directly in terms it drives businesses to Switzerland.”

But that does not bar skeptics from increasing its attacks on bitcoin. Oliver Herren at the Digitec Galaxus Group, Switzerland’s largest online retail store, is one of such hardcore critics. The portal’s chief innovation officer said bitcoin’s on-chain transactions were far more expensive than a traditional payment service. He also targeted bitcoin for its lack of scalability – the ability to process transactions as faster as Visa or MasterCard.

“None of the blockchains scale enough. But maybe I have not invested enough time and therefore understand too little how the blockchain ecosystem works,” Herren said.

Digitec Galaxus Group, like the Dolder Grand, started accepting bitcoins this March on trial basis.

What’s Next?

Bitcoin’s depressive performance as an asset in 2018 pushed adoption lower. However, the cryptocurrency is posting a strong bullish case this year, which could mean that more organizations would want to adopt it. According to Lucas Betschart, the president of the Bitcoin Association Switzerland, the merchant adoption is set to go higher. He stated:

“I expect more Swiss companies to accept bitcoin over the next two years to attract tourists who save money by paying bitcoin.”

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Robert Kiyosaki Predict Bitcoin $75,000 In Three Years



Robert Kiyosaki Predict Bitcoin $75,000 In Three Years

Bitcoin continues trading at a powerful uptrend created back following the catastrophic Pandemic event that led to the economy to fall in March. Bitcoin is presently trading at $9,400 after its 3rd effective halving a few days ago.

Since the digital asset usually encounters a huge bull rally weeks after halving events, analysts and traders are now speculating about the potential of Bitcoin from the months and years. The last 2 halving occasions were followed by enormous cost surges that lasted months and directed Bitcoin to strike ATH.

So far, this halving event seems to be even more successful as it has helped Bitcoin already months before the event

Predictions Keep Coming Up

With interest in Bitcoin rising, the amount of predictions about the digital asset is also growing across information stations and societal media. We’ve seen thousands of predictions that are distinct throughout time, although the majority of men and women neglect, everyone wishes to correctly predict the cost for Bitcoin.

The latest prediction comes with more than 1 million followers on Twitter from legendary investor Robert Kiyosaki.

ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.

Kiyosaki believes while Gold could reach $ 3,000 in the calendar year Bitcoin can reach $75,000 in only 3 years. According to Kiyosaki, these resources will grow because of the incompetence of the Federal Reserve System daily and since trillions of dollars are now being published and will receive a good deal of attention.

He ends up the tweet stating’Best-prepare for its WORST’ suggesting that the market and the stock exchange could see another major hit.

Why Do Most Predictions Fail?

It is difficult to predict the purchase price of any asset cryptocurrencies. The variables are too high to actually predict a specific price by a particular date, but it is definitely not impossible to predict if an asset will go down or up in the future. There are plenty of multi-billionaire and legendary investors which have been doing it for ages.

Bitcoin, unfortunately, is a lot more volatile than stocks and may change in a matter of days. New regulations throughout the world, possibly a bug in the code, there are plenty of factors which could arrive in play and affect Bitcoin’s purchase price.

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How You Can Recover Bitcoin And Private Key From Lost Wallets



In this informative article, I will show you the way how you can recover your bitcoin and a private key that is lost back with this step.

Losing a hardware wallet or your telephone is inconvenient, but it should not be fatal. As long as you have back up your private key, recovering your bitcoin is simple. I will show you how you can do it.

According to research from chainalysis, an approximate of 2.78 to 3.79 million Bitcoin has become inaccessible and is lost forever.
Therefore, after you buy Bitcoin and store it, it’s crucial to learn how to revive your wallet.

How to prevent losing Bitcoin

  1. Encrypt your bitcoin wallet.
  2. Make sure that you backup your wallet.
  3. Enable 2-step confirmation (2FA)
  4. Verify your email

Backing up your wallet is simple and you can do it with any of these:

1. Mnemonic Seed Phrase
2. Import Private Key

Many Bitcoin wallets are able to backup and restore access to your fund by using a seed term

What is Mnemonic Phrase?

Mnemonic Seed Phrase is defined as a secret group of words that represent a wallet.
When utilized in the sequence they allow access to the wallet.
Mnemonic signifies a memory help such as songs, abbreviation, and rhymes that helps you remember something.

A phrase is a group of words, often 12 or even 14, 18.

In the realm of Bitcoin, we have a mnemonic phrase. These mnemonic Phrases stores all the information that is needed at any point in time to recover your bitcoin.

If you lose your phone or hardware wallet, then you could use your Seed Phrase to recover your Bitcoin and your wallet. The words must be typed in exactly in precisely the same order.

Whenever you make a new wallet, the wallets prompts you to write down 12, 18, or 24 words on a piece of paper or in some secure place. Most People choose to laminate the paper or even store the word sequence on metallic substitutes, to ensure it will remain readable for years to come.

How to Recover Bitcoin Utilizing Mnemonic Seed Phrase

It’s your only backup to restore stolen, lost, ruined hardware or phone wallets once the term is composed. Click recover wallet or fund and then form your seed phrase that is mnemonic. Online wallets and desktop wallets are the same. By Importing the phrase, you can recover lost funds.

How to import Bitcoin using Private Key(s)

When a user imports their keys it means that key is being put by the user in their collection of keys. It shows your coins are both visible and accessible from both destination and original wallet.

In this case, your funds can be sent from any of the wallets so basically, it is a copy of your original paper or hardware wallet.

A private key must remain secret at all times because revealing it to the third party is equivalent to giving them control over the bitcoins secured by that key. The private key must also be backed up and protected from accidental loss, because if it’s lost it cannot be recovered and funds secured by it are forever lost, too.


1 If you lose your old wallet effectively anyone with the older wallet can spend your cash even if you import your private key.
2. Attackers can gain access to a wallet that is old and steal your money if your private key has been imported by you to a wallet.
3. You put your key available to hackers.

What’s a private key

A private key is a secret, alphanumeric password/number used to spend and send bitcoin to another bitcoin address. It is a 256-bit long number which is picked randomly as soon as you make a wallet.

How to import private Keys

Bitcoin is not stored on your own phone or desktop computer. They’re saved on the blockchain and you use a bitcoin wallet to access the coins for sending and getting the bitcoin.

If you lose your phone or desktop got harm or you bought a laptop, you can access your bitcoin by importing your private key in a previously exported backup. Back up assist you to regain your bitcoin at any time by importing the keys. If you store that information and do not copy your wallet you run the risk of dropping all bitcoin.

There is another step if you are importing a private key into a hardware wallet like a Ledger. First, you will have to import the key into a wallet such as Electrum, after which you’ll be able to send the coins to your Ledger address.

Finally, if you’re importing your seed phrase to another brand of wallet – let say, from Jaxx into trezor – there’s one last issue to be aware of: derivation path. From which all keys are derived, HD wallets create a master seed based on BIP 32. When importing, the derivation route used can differ between wallets and must be set.


In a Bitcoin wallet, the most important thing is your private key because it will prove that the bitcoin you claim as your own is actually yours.

Exposing your old wallets can be risky if the wrong person holds it. you stand the chance of losing your fund. You must be careful when importing your private key.

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The Best Bitcoin Trading Platform For Mobile Devices



The Best Bitcoin Trading Platform For Mobile Devices

In the search for a bitcoin trading platform allowing you to trade. The following list will give you the best bitcoin trading platform for mobile devices available.

Bitcoin trading is when a bitcoin or fiat at a given price determined by the market forces.

In the era of smart devices more and more users want to have access to bitcoin trading. If you are using your phone during the day more than your laptop, the mobile trading apps are designed for you.

The Best Bitcoin Trading Platform For Mobile Devices

In order to use mobile trading apps issued by bitcoin brokers, you must have either an android or IOS smart device.


Coinbase was founded in June 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like Bitcoin, Ethereum, and Litecoin. Coinbase based in San Francisco, California and one of the most popular exchanges in the world.

It is extremely beginner-friendly and allows you to buy your crypto with USD. Coinbase offers Andriod and ios apps for users who want to reach their bitcoin trading account from anywhere at any time.

Read: How to buy Bitcoin with credit card in Nigeria

You can buy and sell bitcoin in a secure way with the mobile wallet connecting a bank account or debit card. Coinbase, one of the most trusted companies in the space. They make cryptocurrency easy to use, built one of the world’s leading platform for digital currency integration.

Signing Up

  • Signing up is a very simple process. Go to
  • Click on “Sign Up”. create an “Individual” account if it is a personal account.
  • Input your personal details, confirm the terms and conditions and prove you are not a robot.
  • Next, verify your phone and add a method of payment: Phone verification is necessary to give your account a 2-step verification process. Firstly, you’ll have to enter your phone number. You will receive a text message with a verification code. Simply put in that code and you are done. Payments in Coinbase can be done via bank account, debit card, and wire transfer.
  • Finally, you will need to verify your identity. Since Coinbase is a regulated company, they will need to be compliant with KYC/AML regulations. Before you can use your debit card to purchase anything.



BitMEX is a peer-to-peer trading platform that offers leveraged contracts that are bought and sold in bitcoin. BitMEX fee also varies, depending on the cryptocurrency you are trading in and the type of contract it is.

 If you are an advanced and experienced trader, then BitMEX may be the place for you. Run by professional algo-traders, developers, and economists, it is one of the busiest exchanges you will find in the space. Note: BitMEX does not charge fees on deposits or withdrawals.

Signing up

Firstly, Start by registering an account here. On the homepage, you will see “register” in two places, you can choose any one of them and register.

It will only ask for your email address, password, first name, surname, and your country. BitMEX only operates with cryptocurrencies. Accept the terms and conditions, click on “Register“.


Binance is presently one of the largest crypto exchanges by commerce volume with growing ambition and a dedicated team.

The Binance mobile app is simple and easy to use. In the app, the consumer can purchase, sell, and view open orders, their transaction background, and crypto holdings using their equivalent value in US dollars. Dealers can trade easily utilizing market order, the limit order, and functions.

Many who are comfortable with trading over the move find the Binance app resourceful. But, fundamental settings and other functions will need getting on the website.

Read: Binance Exchange: 10 Interesting Facts You Need Know!

The Binance app is currently not available on the Apple app store. It was accessible but has been eliminated about 3 months past and it is unclear why. However, the macOS desktop app still stays functional. The Android app is a quick superb choice for trading crypto on the move.

Binance has over 370 trading currencies on the stage and provides the ability to add favorite trading pairs, providing the user access to them. The app has more than 1 million downloads already. The Android program may also be downloaded in apk format.

Signing Up

  • Firstly, simply go to and click on register.
  • You just need to enter your Email and create a password.
  • Next, you will be made to prove that you are human by solving a puzzle.
  • After that, you will be sent an email. Click on the email you receive from to confirm your account. You will be redirected back to the Binance dashboard.


KuCoin, famously known as”the people’s exchange,” is a crypto trading platform that plans to make crypto trading simple for nonexperts. The platform offers a 0.1% trading fee that can be paid using the platform’s own token called KuCoin Shares. Like shares of holders and the business gets dividends from the company gains by holding the token works.

The app conveys trading services like purchasing, selling, deposits, and withdrawals and the basic features of this KuCoin web site trading platform, including access to the wallet. The app is also easy to use.

KuCoin has over 350 coins recorded on the platform, which makes it resourceful to get more obscure coins. It pays GAS something that only a few exchanges perform right now, for NEO holders.

Signing up

You can sign up by E-mail or Phone number. To sign up

  • Goto Kucoin website, click here. Click on the Sign Up” tab in the upper right corner.
  • Input your E-mail address and click Send. Wait for the email verification code to be sent to your mailbox and enter the verification code you received.


  • Select the country code input your phone number, and click Send. Wait for the SMS verification code to be sent to your phone and enter the verification code you received.

Congratulations that you have completed the registration and are able to use KuCoin now.


Cryptocurrency is one of the very exciting new asset classes that the markets have seen in some time. With the growing popularity of cryptocurrencies, the number of platforms for trading has greatly increased. More functions are demanded of crypto trading platforms to meet the expectation and desires of the best bitcoin trading platform for mobile devices.

Read: How To Invest In Bitcoin (2020)

The burden is on the trader or investor to stay safe since the market is still young with customer protections in place. All platforms have pros and cons – therefore careful research must be done by traders to know which bitcoin trading platform is the best trading platform for mobile devices.

Any cryptocurrency can get into cyber-obscurity apparently overnight, which provides a chance to get in on the ground floor of the next big thing — supposing the floor does not give way. In the near future, cryptocurrencies are here in order to stay and they have already created their share of concessions.

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Disclaimer: 9ja Informative's content is meant to be informational and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions. 9ja Informative receives compensation with respect to its referrals for out-bound crypto exchanges, crypto wallet websites and affiliate links.