Re: How long before the price tanks sharply because Silk Road is down?
SR volume is a tiny fraction of Bitcoin economy. There are convincing estimates based on the academic study of SR published about four months ago.
I call bullshit on that. If you were writing the truth you'd cite that study in detail. But you didn't.
SR is offline apparently because of huge traffic levels. Anyone who would sell btc on this news is pretty silly 
That would indeed be silly. Actually selling BTC based on the belief that Silk Road will make or break it is pretty silly regardless.It did make it so it can break it. But not necessarily so, it just might.
This is speculation remember? We deal with possibilities...