-snip-
So if he dies (God forbid) or something bad happens to him, you expect ETH's market prices to go all the way down the drain in an instant. It's likely ETH will become worthless after this.
Vitalik cannot create a personal initiative to change the ethereum protocol. Ethereum itself has a
repository of EIP lists from the community and the implementation approval involves the entire core team. Since its launch ethereum has had 2 forked coins as forms of rejection of the new protocol, ETC and ETHW. Assuming ethereum will have a lot of ecosystem chaos after changing leadership and no longer using the EIP system as consideration of improvements, I think there will be many other forkedcoins in the future.
Regarding price, I still believe that the law of supply and demand applies. In fact, what we expected went the other way, people don't care about de/centralized.