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Originally Posted by L-Pink
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It appeared that the currency?s price was becoming increasingly overvalued as a result of hoarding by speculators and short-term traders. A few saw signs of a massive bubble ready to burst, and some grew weary when the U.S. Treasury announced in March it would explore new laws to regulate Bitcoin.
What?s in store for Bitcoin in the future? It appears governments around the world are ready to step in.