One Million XRP Bought at $0.005 in 2014: Ripple CTO Reveals Interesting Purchase

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One Million XRP Bought at $0.005 in 2014: Ripple CTO Reveals Interesting Purchase
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What was the lowest price that you bought XRP for?

Ripple’s XRP is currently trading at around $0.50 – an important psychological and technical resistance level, after increasing 2% in the past week.

Online flexing in the cryptocurrency industry usually comes in the form of who bought a specific cryptocurrency at the lowest price and realized the most gains. The answer that received the most serious engagement, however, was that of David Schwartz – the CTO of Ripple. He said:In essence, his father spent around $5,000, which is currently worth around $500,000 at the current prices – a nice return of almost 10,000%.My father bought over a million XRP in April of 2014 from Justcoin at about a half penny per XRP.

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