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My money is on bungie day 7/7/14 because first off it has been confirmed after E3 (10-12 of June) and then they confirmed summer which officially starts June 21 so I would expect bungie day as the release date because they always do something big on bungie day
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Tuesday after E3 is my guess. Big updates always happen on Tuesdays.
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I believe it will start the Monday after E3, I hope. Would make perfect sense after all the Hype they will bring to keep the momentum going. Guess I better get busy and get my ps4
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Bungie : Group : Posts http://www.bungie.net/en/Forum/Post?id=64772617&path=1 I posted this hypothesis/theory about the beta date.