Is cycling money through exchanges like this USD -> EXCHANGE_1

Is the question so stupid everyone thinks I'm trolling? lol

>>2424042
Yes it's allowed.

>>2424042
Why tho?

I'm sure that will fool the IRS.

>>2424042
it can take a couple of hours to move bitcoins from one exchange to another, also limits.
It's allowed by largely prevented which is why arbitrage isn't happening between exchanges so much (the difference in price you see between the same coins)

>>2424234
I see. I'll try anyway. I'll wait for a plateau and pray to cryptogods

Careful, some exchanges (i.e. coinfloor) mention in their T&C's that you are only allowed to deposit from / withdraw to privately owned wallets. Your accounts might get frozen if you send between exchanges.

>>2424319
so they track it down also?
like 10 hops? Most bitcoins have a connection with an exchange I presume

OP is obviously trying to avoid the tax man and everyone else in this thread is retarded except
>>2424222

But anyways, to answer OP's autistic question, look up 3 cryptos:

Zcash
PIVX
Monero

They'll meet your money laundering needs perfectly. Have fun!

>>2424397
I'm not a US citizen
>muh IRS

MODS delete my useless thread already

>>2424234
>arbitrage isn't happening
Brainlet.

>buy bitcoin for $2,000 from one exchange
>sell bitcoin that you already have for $2,010 on another exchange
>have same amount of BTC as before, more money than before, and doesn't take hours

>>2424464
You got It right about $2k