Blackbird: Bitcoin arbitrage

@JulienHamilton (author at bottom of page), why would you share this with others? If arbitrage exists, there is not benefit to you allowing others to profit, as it eats into your profit. So what’s the reasoning behind releasing this?

It exists, but this specific piece of software doesn't have great exchange support (at least when I last checked). So the method works (somewhat, not 100% foolproof) - but not with the linked software.

It might be to force the market to become more effective.

I could imagine that if I made a lot of money with this software and subscribed to FOSS philosophy, I would feel good about setting it free.

You're right in theory, but that's only really a risk if it actually works, which this doesn't.

Also, if the author is interested in increasing market efficiency, but not in exposing themselves to the risk of being caught in a halfway position when an exchange breaks, it makes sense to release as FOSS. The target users would then be the exchanges themselves.