Ultra cheap Tripod

For steady and blur free shots a Tripod is a must. Prices start from a few hundreds and go upto thousands! I can't buy one right now so I decided to make one myself.
What I used: Useless CD rack frame from my old computer table, An empty allout bottle, glue and tape.

Photos below. As is evident it offers only one freedom of movement: horizontal. Panning the camera upwards is not possible.