Bitcoin: How long to accumulate 1 BTC by buying $20 per day?

I came across this tweet today which lets one think a bit.

To put that into context. $20 per day for 2 years will be around $7300 invested.  Today bitcoin price is already at $7800, so your 1 BTC in 2 years will be worth more than the $7300 invested at today’s price.  If we go with current bitcoin price trend then it would be fairly accurate to say that bitcoin will be in excess of $10000.

So although 2 years sounds a long time to accumulate that 1 BTC, it is still very much worth it.

If we assume that bitcoin price is $10000 in 2 years then your investment of $7300 would have grown by 37% in 2 years.  In my books that is not bad going.

It does not matter how small you start, the moral of all this is to start.

Bitcoin and Crypto Journey – layman’s experience.

With Bitcoin  currently trading at around $7200.00, that is around R102000.00, I want to give you, the reader a view of my experiences.  I am what they call a HODL. ie I am a holder of Bitcoin and other crypto currencies and not a trader at all.

I will try to give you an overview of my journey up to now, what I use and how I obtain my crypto currencies.  Items I will cover over the next couple of posts are as follows:

  • Explanation of what things mean and what impact it may have or not have.  Now that Segwit2X is a non-event (was withdrawn/cancelled yesterday – a good thing in my opinion), I do not have to cover that but will talk about forks and hard forks in particularly.  There is the Bitcoin Cash fork and I will cover how to claim your coins if you have not done so.  Then there is the Bitcoin Gold fork that is happening at the moment, will give my view on it and also if and when claiming of your Bitcoin Gold coins open, I will explain how to go about it.
  • I will talk about how important it is to have control of your own private keys and not to leave your coins in the cloud or a web based wallet where you do not control your keys.
  • I will talk about wallets, what my views are and what I use.
  • Opinion about what is happening in the crypto world, my interpretation of it and if any impact there is on us as South Africans in particular.
  •  Best sources to use for information and where I get my information to keep up to date.
  • How to buy crypto in South Africa and to get the best possible price.
  • I will also be open about my investment so you can see that what I am talking about is possible and with patience you can also accumulate and own crypto.
  • I will show examples of how I keep track of my investments.
  • Any other subject that comes up in the fast changing world of cryptocurrencies.

Feel free to comment particularly if you have questions or want something specific you want me to cover.

Last comment and I am making it bold, do not invest hard earned money that you are not prepared to loose.  The crypto market is very volatile with lots of risk which mean you can easily loose but at the same time you cab have massive gains — like mine that are at the moment over 500%

If you like what you read then you can donate BTC (that is the ticker for Bitcoin) to the address at the top of this page.

Earn Bitcoin and other Crypto – The Best of the Best – How do I do it?

Bitcoin and Cryptocurrencies like Ethereum, Litecoin, Dash, and Dogecoin are all the rage at the moment and the price is going up by the day.

Firstly you need a wallet that you control and personally keep your own private keys.  I do not recommend any online cloud-based wallet since you are not in control of your keys and they can run off with your coins. I personally use Exodus which is a multi cryptocurrency wallet that you install on you own machine.  You can find it here:

To get your hands on these you have 3 options:

  • Buy it on some exchange like Luno or Coinbase
  • Earn it by getting paid in one or other Cryptocurrency like Bitcoin
  • Or accumulate small amounts via what is called Faucets, basically, every couple of minutes visit a site, look at some adds and then complete a captcha to prove you human.

I follow the 3rd option and although the amounts are small they build up and accumulate over time which in a couple of years with the increase in price might be worth a small fortune.  Through trial and error, I have put together the following list that works and payout on a continuous basis.

There are 2 ways (I use both) the coins you collect can be withdrawn to your own wallet.

  • Directly from the applicable site to your own wallet
  • Or via a micro-wallet which is called a faucet hub.  So all your “earnings” are sent to the faucet hub and when you reach a certain value of coins you withdraw that to your own wallet.

Let’s first share the direct faucets I use to collect:

Bitcoin BTCClicks
Bitcoin Moon Bitcoin
Litecoin Moon Litecoin
Bitcoin Moon Dogecoin
Bitcoin BTCVic

Now let’s look at the faucets that make use of a faucet hub and do not pay you directly.  First, you need to register at a faucet hub and I highly recommend FaucetHub. They support multiple cryptocurrencies and even allow you to exchange those crypto’s you do not want for Bitcoin.  You can withdraw on a daily basis to your own wallet should you have reached the withdrawal minimum.

Bitcoin Bagi
Blackcoin Bagi
Litecoin Bagi
Peercoin Bagi
Dogecoin Bagi
Dashcoin Bagi
Bitcoin Bigbtc
Bitcoin Loanbtc
Bitcoin Mafiacoins
Blackcoin Blackcoinfaucet
Bitcoin BTCForeveryone
Dashcoin Dashfaucet
Dogecoin Dogefaucet
Litecoin Litecoinfaucet
Peercoin Peercoinfaucet
Dogecoin Multifaucet
Dogecoin Cryptotheme
Litecoin Nija
Litecoin Litecoinforfree
Peercoin Peercoinforfree
Litecoin Catcatyfaucet
Dogecoin Catcatyfaucet

Lastly, some prove that this works and the payouts I have received over the last couple of weeks:

Date Faucet Crypto Amount
2017-03-21 ClaimBTC* BTC 0.00025000
2017-04-09 Moon Dogecoin 157.33000000
2017-04-09 Moon LTC 0.00617960
2017-04-10 BTC 0.00052658
2017-04-16 Moon BTC 0.00033931
2017-04-16 Moon Dogecoin 308.93000000
2017-04-16 Moon LTC 0.01141752
2017-04-16 Dogecoin 1,282.25
2017-04-22 BTCClicks BTC 0.00029976
2017-04-23 Moon Dogecoin 359.72000000
2017-04-23 Moon LTC 0.01315813
2017-04-24 Epay* LTC 0.00398752
2017-04-29 Epay* Dash 0.00210870
2017-04-29 Epay* Dogecoin 38.00000000
2017-04-29 Epay* Dogecoin 33.00000000
2017-04-29 Epay* LTC 0.00149983
2017-04-30 Moon BTC 0.00044225
2017-04-30 Moon Dogecoin 293.44000000
2017-04-30 Moon LTC 0.00856130
2017-04-30 BTC 0.00039882
2017-05-02 FaucetHub Dogecoin 70.53800000
2017-05-03 Epay* Dogecoin 31.00000000
2017-05-05 Epay* LTC 0.00409725
2017-05-07 Moon Dogecoin 210.56000000
2017-05-07 Moon LTC 0.00786295
2017-05-07 Dogecoin 800.35000000
2017-05-08 BTCClicks BTC 0.00014805
2017-05-08 FaucetHub Dogecoin 92.89000000
2017-05-10 Epay Dash 0.00146273
2017-05-10 Epay LTC 0.00315979
2017-05-11 Epay Dogecoin 67.00000000
2017-05-14 Moon BTC 0.00033581
2017-05-14 Moon Dogecoin 179.44000000
2017-05-14 FaucetHub Dogecoin 26.96000000
2017-05-14 Moon LTC 0.00638698
2017-05-20 FaucetHub Dogecoin 59.19000000
2017-05-21 Moon Dogecoin 161.08000000
2017-05-21 Moon LTC 0.00661468
2017-05-21 BTC 0.00010271
2017-05-21 BTC 0.00036252
2017-05-22 Dogecoin 233.65000000
2017-05-25 ClaimBTC* BTC 0.00054000
2017-05-28 Moon BTC 0.00028726
2017-05-28 Moon LTC 0.00719755
2017-05-29 FaucetHub Dogecoin 111.52500000
2017-06-02 BTCClicks BTC 0.00016486
2017-06-03 FaucetHub Dogecoin 109.19500000
2017-06-03 FaucetHub LTC 0.01091000
2017-06-03 FaucetHub BTC 0.00021700
2017-06-04 Moon Dogecoin 166.82000000
2017-06-04 Moon LTC 0.00759943
2017-06-04 Dogecoin 99.06000000
2017-06-11 Moon BTC 0.00026847
2017-06-11 FaucetHub BTC 0.00020220
2017-06-11 FaucetHub Dash 0.00104200
2017-06-11 FaucetHub Dogecoin 158.82500000
2017-06-11 Moon LTC 0.00762725

Note: ClaimBTC and ePay (also a faucet hub) has been removed from my list since they have stopped paying and I do not trust them anymore so do not recommend them.

If you have working trustworthy faucets and can recommend it then please leave a comment below.

If you like and want to Donate Bitcoin: 1MTxuhwdukc9kAiaqjEocMbvjVTCwdKXaT

Bitcoin Cape Town meetup


  • Are you interested in Bitcoin?
  • Do you live in Cape Town?
  • Want to hear one of the most renowned and well-respected figures in Bitcoin speak?

If you answer YES to all the questions above then make your way here to reserve your ticket.  It is only R100.00 or about 641000 Satoshi‘s

The keynote speaker is Andreas Antonopoulos, the author of Mastering Bitcoin.

Luno, the Bitcoin Exchange is sponsoring the event so come and mingle and have some drinks.

Oh the meetup is Monday evening, 6 March 2017 @ 17:30. See you there.

Bitcoin: a new journey – Glossary

Bitcoin Glossary

For a couple of years now I have been interested in bitcoin and cryptocurrencies and have embarked on a road of educating myself with it.  On of the first stumbling blocks is to get used to terms used and Bitcoin speak.  I am currently reading Mastering Bitcoin from Andreas Antonopoulos and found exactly what I need and are reporducing[1] it here for easy reference.


A bitcoin address looks like 1DSrfJdB2AnWaFNgSbv3MZC2m74996JafV. It consists of
a string of letters and numbers starting with a “1” (number one). Just like you ask
others to send an email to your email address, you would ask others to send you
bitcoin to your bitcoin address.


Bitcoin Improvement Proposals. A set of proposals that members of the bitcoin
community have submitted to improve bitcoin. For example, BIP0021 is a proposal
to improve the bitcoin uniform resource identifier (URI) scheme.


The name of the currency unit (the coin), the network, and the software.


A grouping of transactions, marked with a timestamp, and a fingerprint of the
previous block. The block header is hashed to produce a proof of work, thereby
validating the transactions. Valid blocks are added to the main blockchain by network


A list of validated blocks, each linking to its predecessor all the way to the genesis block.


Once a transaction is included in a block, it has one confirmation. As soon as
another block is mined on the same blockchain, the transaction has two confirmations,
and so on. Six or more confirmations is considered sufficient proof that a
transaction cannot be reversed.


A network-wide setting that controls how much computation is required to produce
a proof of work.

difficulty target

A difficulty at which all the computation in the network will find blocks approximately
every 10 minutes.

difficulty retargeting

A network-wide recalculation of the difficulty that occurs once every 2,106 blocks
and considers the hashing power of the previous 2,106 blocks.


The sender of a transaction often includes a fee to the network for processing the
requested transaction. Most transactions require a minimum fee of 0.5 mBTC.


A digital fingerprint of some binary input.

genesis block

The first block in the blockchain, used to initialize the cryptocurrency.


A network node that finds valid proof of work for new blocks, by repeated hashing.


A peer-to-peer network that propagates transactions and blocks to every bitcoin
node on the network.


A piece of data that requires significant computation to find. In bitcoin, miners
must find a numeric solution to the SHA256 algorithm that meets a network-wide
target, the difficulty target.


An amount included in each new block as a reward by the network to the miner
who found the Proof-Of-Work solution. It is currently 25BTC per block.

secret key (aka private key)

The secret number that unlocks bitcoins sent to the corresponding address. A secret
key looks like 5J76sF8L5jTtzE96r66Sf8cka9y44wdpJjMwCxR3tzLh3ibVPxh.


In simple terms, a transfer of bitcoins from one address to another. More precisely,
a transaction is a signed data structure expressing a transfer of value. Transactions
are transmitted over the bitcoin network, collected by miners, and included into
blocks, made permanent on the blockchain.


Software that holds all your bitcoin addresses and secret keys. Use it to send, receive,
and store your bitcoin.

[1] – Reproducing from “Mastering Bitcoin by Andreas M. Antonopoulos (O’Reilly). Copyright 2015 Andreas M. Antonopoulos, 978-1-449-37404-4.”

PHP upgrade on Dreamhost

Short post to verify and check that all went correctly in upgrading PHP from version 5.5 to PHP version 5.6.

All looks fine and all seem to be working, please comment if you see anything weird.

Google Pixel and Pixel-XL, but will we get it in South Africa?

google pixel pixel-xl south africaOn 4 October, Google announced their new Google branded cellphone called Google Pixel and Google Pixel-XL.  The hardware for these phones are made by HTC.  HTC has always made good phones and I like the build quality of their phones but they are not that good at marketing so the relationship with Google will be a good one.

The question now arises whether we will be seeing this phone in South Africa.  The only way to get it in South Africa is either via one of the mobile operators since buying it from the Google Play Store in South Africa is not an option.

I have looked around on some of the online stores in South Africa but have not come across anywhere where it can be pre-ordered.

As an Android user and somebody that will not switch to iPhone, I would like to get either the Pixel or preferable the Pixel-XL since I live on my phone and like the bigger one.  Also I am a avid hiker, see my Hiking site, both the Pixel and Pixel-XL has great cameras and would come in very handy when hiking.


The 3 colors that will be available for the Google Pixel and Pixel-XL phones.  I am leaning toward the blue one, lets have a bit of color in our lives.

Would love to hear what you think so leave a comment below.

Google Duo is available in South Africa

Google Duo is available in South AfricaUp until today, Google Duo was not available in South Africa from the Google Play store. The only way to install it was to side load the APK which you had to download from somewhere.  What you could do was to pre-register on the Google Play store to be informed when it will be available for installation.  This morning (19 August 2016) I woke up with a notification that Google Duo is available in South Africa and can be installed.

Head over to the Google Play store and install now.

For those that do not know what Google Duo is, it is a Video calling app that is basically the same as Apple Facetime on the iPhone except that Google Duo is cross platform so you can chat with your buddies that have both Android and iPhones.

So let me know in the comments below what you think about it.

Receive and Manage International payments with Payoneer

International payments with PayoneerYou are a freelancer or a business that needs to receive payments from anywhere in the world no matter where you are.  As business is more global than ever, clients and partners can be based anywhere. This creates numerous challenges dealing with transactions abroad. Whether you’re a freelance web designer, web developer, blogger, or making big bucks in e-commerce, you need a better way to send and receive funds. You also need to be able to easily transfer that payments to your own bank account in your local country and your local currency. Look no further than Payoneer to receive and manage international payments.

Need a better payment solution?

Do you have reservations about paying people abroad? Of course you do—unless you’re OK with it.  And if you are, please hurry up and wire $10,000 to my Payoneer bank account (yes you will receive your own bank account) because I been trying to track you down so you can claim your $10,000,000 inheritance. Thanks!

When it comes to freelancing on the web, you really need to consider serious matters like compliance with local laws, taxation, payment verification, and security of your account. And that’s just for a single payment. Complex stuff if you need to do each step one at a time.

Not only that, but certain companies often charge high fees to transfer funds and take a cut from exchanging currency. Then, these companies can make you wait and wait to confirm you’ve paid the recipient or got paid yourself. With Payoneer you can easily receive and manage international payments.

Web professionals deserve better.

How do I start to receive and manage international payments?

This  tip is a payment solution geared towards freelancing professionals called Payoneer. Millions of freelancers are using this to manage payments easier than ever before. There’s no need to worry about high fees, missing payments, or long delays. Payments can be sent to recipients, who can have the money loaded into their local bank account, debit card, or e-wallet. You can also get paid this way too. Simple and easy enough. It’s used in over 200 countries, and provides easy currency transactions. And the best part: receiving or sending payments to another Payoneer user is free! The nice folks at Payoneer have provided a special signup for $25 in free credit for my readers.

When you have signed up the also apply for you free Payoneer issued Mastercard Debit card which you can use at any establishment around the world that accepts Mastercard Debit cards and even draw cash from most ATM’s.

I love helping you grow your online dreams and are happy to support you with tools for a flexible and profitable online business.

receive and manage international payments


How-to: Ubuntu 16.04 LTS minidlna fixes after upgrade from Ubuntu 14.04 LTS

Ubuntu 16.04 LTS minidlna
This is how I solved the problem with Ubuntu 16.04 LTS minidlna after upgrading from Ubuntu 14.04 LTS to Ubuntu 16.04 LTS.

MiniDLNA is a lightweight DLNA/UPnP media server. The MiniDNLA daemon serves media files (music, pictures, and video) to clients on a network.

My setup before the upgrade was as follows:

  • Ubuntu 14.04 LTS
  • Media files on both the first disk but also spread across various other disks.

The main issue I had was that although the config file at /etc/minidlna.conf was read, it did not process the media files that was on disk other than the first disk. By default the daemon run under the USER minidlna and for some reason this user did not have permission to read the media files on the other disks. I changed the USER variable in the .conf file but it did not take either, not sure why.

How to fix

So I diged a bit deeper and found that the USER is also specified in the /etc/init.d/minidlna executable file. So all I did was changed the USER and GROUP variable to root in the /etc/init.d/minidlna file as indicated below.

I restarted the daemon by executing sudo /etc/init.d/minidlna force-reload and voila everything was fine and all my media files available to watch from any device on my network.

Hope this is helpful.