We can get an idea of what to expect by looking at the history of e-gold. The US government started attacking the exchange sites before they went after e-gold itself, and the banks would deny them accounts, making it increasingly difficult for people to exchange dollars (or whatever) for e-gold. We can certainly expect them to do the same thing with bitcoin exchanges eventually, because they already know it works.
+ e^x
Imho that's exactly what is going to happen.