1) changing dates 3 hours before an event causes people to lose faith in the integrity of the team
2) you are penalising early investors who sold btc for eth in a bear market so that they can participate in your ICO
3) you are giving more time for people to accumulate at a discount of 60% and are risking a larger dump when your token reaches exchanges
4) you are ruining the credibility of people that had faith in your project and passed word to other investors
5) you would have reached your cap without extending the private presale, so this feels like an unnecessary screw over of those that would not invest 34+ ETH in your project. This makes my concerns about dumping as soon as your token reaches the exchange more worrisome
6) fuck people that can't keep their word