It is because pos = piece of shit and death for eth.
ETH was always shit. Remember when they literally deleted coins from the chain? lol
Fck Vitalik Buterin. That guy even considers child abuse less harmful than adults hooked on drugs. I can post that tweet here, if someone's interested.
So if they delay and eth crashes to 800 they push it forward to save eth ------ and eth dies in 1 or 2 years. their defense is at least we tried to save it.
If they move in august with prices in the 1500-2500 range and eth craters - they crushed eth and have no defense.
While I do agree with your opinion about ETH & VB, I find it hard to bargain with this one.
VB's focus has definitely shifted from the economic aspect of ETH to expanding on ETH's turning-completeness.
Now whether or not the rest of ETH follows the same philosophy and how much influence VB has on their position are two unknown entities.
ETH will crash if any client encounters a bug after the merge. That crash will be brutal and definitely the end of ETH.